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Business Guide : Successful Manager / Modern management modelNew management model for the new knowledge economy of rampant change and rapid globalization."Good management cannot compensate for a lack of vitality." – Jean-Rene Fourtou, Chairman of Rhone-Poulenc Leadership – the new managerial taskIn the new era of rapid changes and knowledge-based enterprises, managerial work becomes increasingly a leadership task. Leadership is the primary force behind successful change. Leaders empower employees to act on the vision. They execute through inspiration and develop implementation capacity networks through a complex web of aligned relationship. More about Leadership – the new managerial task Systems thinkingYour should master systems thinking if you wish to discover winning business synergies. Systems thinking focuses on the whole, not the parts, of a complex system. It concentrates on the interfaces and boundaries of components, on their connections and arrangement, on the potential for holistic systems to achieve results that are greater than the sum of the parts. Mastering systems thinking means overcoming the major obstacles to building the process-managed enterprise – for every business process is a whole system. Systems thinking, the ability to see things holistically, including the many different types or relationships between the many elements in a complex system, characterizes many of the today's world's leading executives. Systems thinking focuses on the whole, not the parts, of a complex system. It concentrates on the interfaces and boundaries of components, on their connections and arrangement, on the potential for holistic systems to achieve results that are greater than the sum of the parts. Mastering systems thinking means overcoming the major obstacles to building the process-managed enterprise - for every business process is a whole system. More about Systems thinking Why new management model?The old traditional ways of managing not longer work and will never work again. The old management practice has been erected on the assumption of human limitations as a basis for organizing. This assumption is so pervasive that it can be found in almost every aspect of conventional managing, from the way we over-bureaucratize our organizations and control the workforce to the way we develop and impose strategies on others without their participation or consideration of their potential contribution. In the new knowledge-driven economy, people have become your firm's most precious and underutilized resource. They are your firm's repository of knowledge and they are central to your company's competitive advantage. Well coached, and highly motivated people are critical to the development and execution of strategies, especially in today's faster-paced, more perplexing world, where top management alone can no longer assure your firm's competitiveness. At all levels, your company needs people who can deliver at the frontier of performance. They must understand where your company is going and be able to influence this path. They must share in your company's fortunes and be motivated to push for greater achievements. New focus: managing business enablersModern managers focus their attention on three key business enablers: people, knowledge, and coherence. The ability of corporate management to influence the financial performance is greatly enhanced through these three enablers. This shift of focus goes well beyond the standard debate of long-term versus short-term focus of management. Management must make sure that all three of these enablers are in place and are working well... If they are, both short-term and long term performance are enhanced tremendously. Effective managers need to coachBearing in mind the fast pace of business today and the need to stay competitive, it's essential that managers should be effective. They need to be especially effective with their people and this requires learning to coach. For most managers, coaching has been added to their role anyway, but the majority haven't received any training in coaching skills. More than 80% of organizations use coaching to develop their staff, but only a fifth train their managers in coaching, according to a survey by the Work Foundation. More about Effective managers need to coach Neuro-Linguistic Programming (NLP) and the modern managerNeuro-Linguistic Programming (NLP) is the psychology of excellence and the technology of achievement and success. In new era of rapid change, systemic innovation, knowledge enterprises, employee empowerment and creative teamwork, an increasing number of executives shift emphasis from classic control-based managerial practices to managing the web of relationships in their organizations. They realize that it is their expertise in building and maintaining harmonic relationships between workers and managers, between employees and customers that makes the difference and helps their companies to achieve sustainable growth. If you wish to be a new manager, you must understand that your art of working with other people is the most important one you should master, and your capability of influencing others and motivating them to achieve corporate goals is the most important manager's talent. More about Neuro-Linguistic Programming (NLP) and the modern manager Breakthrough ideas for the new economyHarvard Economic Review Executive summary. The best ideas related to the practice of management. If you know somebody has used them, don’t try to repeat. Simply consider them, debate them and let them inspire your own thinking!
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