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People as
Your Most
Important Asset
People as your most important asset. Your technologies,
products and structures can be copied by competitors. No one, however, can
match your highly charged, motivated people who care.
People are your firm's repository of
knowledge and they are central to your company's
competitive advantage. Well educated,
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.
12 Breakthrough Management Ideas for the New Economy
Source: Harvard Economic Review
Executive summary by Anastasia Bibikova.
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!...
9. Social Networks (SN) and Modern
Companies:
SN – is a major capital of the company. They
may help to leverage real people’s interactions for everything from trend
spotting by scouring public conversations to identifying internal experts
within a department to ensuring that a manager actually results in
cooperation among employees...
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Best
Practices
Dell Inc.
Developing the Fast-paced Flexible Culture
-
Set a Common
Goal. Mobilize your
people around
a common goal.
Help them feel a part of something
genuine, special, and important, and you'll
inspire real
passion and loyalty...
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Employee Empowerment
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...
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Best
Practices
Colin Powell's 18 Leadership Principles
Organization doesn't really accomplish
anything. Plans don't accomplish anything, either. Theories of management
don't much matter. Endeavors succeed or fail because of the people involved.
Only by attracting the best people will you accomplish great deeds...
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10 Roles of an
Inspirational Leader
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Help people
connect
their personal goals to business goals.
Leadership
is essentially about helping people to achieve
a better life. An important measure of
your own success as a leader is the success of your followers.
Talented and
empowered employees are the prime ingredient of organizational
success and they need to be able to
lead themselves.
Create an
inspiring
culture within your organization.
Provide
strategic alignment and
be a coach to your people to help each of your followers to
develop into an effective self-leader. Establish an
attitude of relentless growth to enable
your organization and people to achieve their stretch goals...
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12 Effective Leadership Roles
The Leader Is the Best, When...
By: Lao Tzu
The leader is best,...
When his work is done, his aim fulfilled,
The people say, 'We did it ourselves.'...
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Case Study
GE Work-Out
Jack Welch has always said that GE's primary product and core competence
is not jet engines or gas turbines, but
people.
One of the most fundamental truths about Welch's management
principles is that it's about people, not numbers. "We are constantly amazed by how much people will do when they
are not told what to do by management," says Welch.
In most organizations,
change efforts come and go - and rarely make a difference. But at GE,
one of the largest companies in the world, one particular change process
helped spark a complete transformation –
Work-Out. With Work-Out as part of
its DNA, GE has become one of the most innovative, profitable, and admired
companies on earth.3
At its core, Work-Out is a very simple concept
based on the premise that those closest to the work know it best. When the
ideas of those people, irrespective of their functions and job titles, are
solicited and turned immediately into action, an unstoppable wave of
creativity, energy, and productivity is unleashed throughout the
organization. At GE, Work-Out "Town Meetings" gave the corporation access to
an unlimited resource of imagination and energy of its talented employees.
9 Signs of a Losing Organization
-
Lack of
Initiative: poor
motivation
and encouragement; people do not feel their contributions make a
difference; management fails to engage the organization effectively;
people work defensively and not creatively, they do their job, and
nothing more...
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10 Ways To Murder Creativity
-
Ask for a 200-page
document to justify every new idea...
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29 Obstacles To Innovation
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Lack of ownership by Senior Leaders
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Innovation not articulated as a company-wide commitment
-
Workforce workloads (i.e. too much to do, not enough time)...
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How To Lead Creative People
By: Max DePree
Eliminating Bureaucracy
Bureaucracy makes work and creates climate in which the
customer
comes third
– well after the management and the company's other employees.
How much of your energy is expended on purely internal
activities? if you spend less than 20% of your energy on external customers,
than bureaucracy has taken hold...
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Developing Entrepreneurial Staff
There are two phases in
developing an entrepreneurial workplace. Phase I creates the environment
necessary to support and encourage it. Phase II is building your staff's
entrepreneurial skills... More
Process
Approach To Mobilizing Everyone's Abilities
The process approach rejects the idea that the company's success relies
on luck, such as inspired individuals or visionary leaders, on the grounds
that it is unsustainable.
Your cannot control whether "lightning will
strike, or depend on it to strike regularly.
Process companies seek to institutionalize success by designing
high-performance ways of working. They do not denigrate the talents of
remarkable individuals, but they recognize that all human talent can and
should be leveraged by an overall process.
They believe that a company
achieves its highest potential by designing
processes that mobilize
everyone's abilities rather than depending too much on any single
individual, however gifted she or he may be."5...
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Case in Point
Canon
Production System (CPS)
Being a part of the
Canon Production System (CPS),
the
Five Ss movement helped change attitudes.
Employees started readily
follow workplace rules that previously had been difficult to employ.
As a result,
performance measures such as defect rates, equipment breakdowns, and
number of accidents have all been improved...
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3 Stages of the Suggestion System
1. Encouragement. In the first stage,
management should make every effort to help the workers provide suggestions,
no matter how primitive, for the betterment of the worker's job and the
workshop. This will help the workers look at the way they are doing their
jobs...
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