Bulletin No. 1 | January – February 2001

MANAGEMENT

New Concepts of Management

  • Corporations and organizations are increasingly viewed as NOT hierarchical structures fitting a traditional organization chart, BUT as adaptable organism, made up of more smaller organisms and existing in an interacting with a large whole.
  • Management was the welding of power, NOW dealing with empowering individuals to respond creatively to changing situations.
  • Intuition is becoming honored in management, alignment around  a shared vision and purpose is recognized characteristic of the creative organization.
  • It involves honoring the purpose, allowing it full play in the organization, and relying on the motivation associated with it
  • Traditional management practices are replaced by an emerging form of leadership .
  • Feminine qualities will be the new style of management. 

(Source : 21st  Century Business: A Background for Dialogue – Willis Herman)


LEADERSHIP

Find out the characteristics of true leader as stated by Peter Drucker

  • Leaders aren’t threatened by by others who have strengths they lack
  • Leaders don’t want clones of themselves as employees. They never ask : ‘ Do I like or dislike this employee?’ But they do not tolerate poor performance.
  • Leaders continually ask ‘What are my organization’s purposes and objectives’ and ‘What qualities are acceptable performance and adds to the bottom line?
  • Leaders start projects by asking ‘What has to be done?’ instead of ‘What do I need?’
  • Leaders then ask : ‘What do I have to do to make a real contribution?’

The employees and their bosses

  • When the employees are talking about the prospect of their jobs, the boss says they are demanding.
  • When the employees are discussing how to anticipate the improper management decisions, the boss says they are gossiping.
  • But when the bosses gossip, that is discussion!

Tip : Encourage a role play among the employees, let the boss observe the play


GLOBAL TRENDS

The Five Principles of Ethical Power for Individuals

  • Purpose : Be ethically sound, conscience guided, feel good about myself
  • Pride : Not need the acceptance of others to feel important. Balanced self-esteem keeps the ego and desire
  • Patience : Have a strong belief that things will eventually work out well. Do not expect instant result and be at peace with what comes
  • Persistence : Stick to purpose. Be consistent with intentions. Never give up.
  • Perspective : Enter each  day quietly and get focus. Listen to inner self and see things more clearly

(Source : Ethics in American Business, K.H. Blanchard)

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