Why New Management Model?
management practice has been erected on the assumption of human limitations
as a basis for organizing. This
assumption of human limitations "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," says William F. Joyce, the
author of MegaChange.
In the new rapidly changing economy,
people have become your firm's most precious and
They are your firm's repository of
knowledge and they are central to
energized and highly
motivated people are critical to the development and execution of
strategies, especially in today's
faster-paced, more perplexing world...
To maximize your long-term success you should
strive to be both a
synergize their functions. Merely
possessing management skills is no longer sufficient for success as
today's business world. You need to understand the differences between managing and leading
and know how to integrate the two roles to achieve organizational success...
"Good management cannot
compensate for a lack of vitality."
Fourtou, Chairman of Rhône-Poulenc
In the increasingly
turbulent and competitive environment firms face today, a
new type of "entrepreneurial" leader distinct from other behavioral
forms of managerial leadership is required.
is the primary force behind
Entrepreneurial leaders discover emerging business opportunities and empower employees
to act on the
vision. They execute through
inspiration and develop implementation capacity networks through a complex
web of aligned relationships...
established the principles of
Complex Organization: achieved
higher levels of performance by explicitly violating the
traditional management practices
reinvents the principles of management in response to
new economic realities. Responsibility and authority are
reinvented and made consistent.
Lessons from Jack Welch
Three Key Qualities
of New Business Leaders
To be bursting with energy
To be able to develop and implement a
To know and be able to spread enthusiasm like wildfire by firing up
the entire company
within their organization.
They supply a shared
people to achieve more than they may ever have dreamed possible.
They are able to articulate a shared vision in
a way that inspires others to act.
People do what they have to do for a
manager, they do their best for an inspirational leader...
Effective managers need to coach. Bearing 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
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
Intelligence (CQ) – a new domain of
intelligence that has immense relevance
to the increasingly global and diverse workplace...
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...
Neuro-Linguistic Programming (NLP) is the psychology of excellence and
In new era of
employee empowerment and
creative teamwork, an increasing number of executives shift emphasis
classic control-based managerial practices to managing the web of
employee performance management in their organizations...
New Focus: Managing
5 Key Questions
Managers Must Provide Coherent Answers...
New Ways of Working with
New Approaches to
Working Within the
Winning Corporate Culture...
Relentless Growth Attitude...
The Fun Factor...
Five Manager's Mindsets...
Building Business Synergies...
Strategy Pyramid vs. Strategy Stretch...
Case in Point
Lessons from Jack Welch...
The Centerless Corporation, Bruce A.Pasternack and
Albert. J. Viscio
Building Tomorrow's Company, Philip Sadler
MegaChange, William F. Joyce
Growth, Christopher Meyer
Performance Management, Phil Baguley
Leading on the Edge off Chaos, Emmet C. Murphy and Mark A. Murphy
MegaChange, William E. Joyce
Welch and the GE Way, Robert Slater
The Welch Way, Jeffrey A. Krames
Jack Welch quoted in Washington Post, March 23, 1997
How To Motivate Every Employee, Anne Bruce
Management Challenges for the 21st Century,
Adapted from characterization used by GE Capital
Managers Need To Coach,"