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TRIMILLENNIUM
MANAGEMENT
Finding the Flexible
Manager
By K.N.
Memani
Millenial managers will be specialists
by education and training, but the quality that separates them from their
20th century peers will be flexibility. this will be reflected in their
response to the rapidly changing environmental constraints
The manager plays a pivotal role in
identifying growth opportunities, deploying physical and human resources,
implementing the organisation's vision and, eventually, contributing
towards the maximisation of shareholder value within an organisation.
During the last few decades, the manager's role has continually evolved as
organisations have moved through cycles of M&A, diversification,
rightsizing, infotech advancement, outsourcing, and ERP implementation. As
we enter the New Millennium, the stupendous growth of the Net seems set to
pose a challenge to the conventional manager's role as brick and mortar
organisations struggle to compete with Net upstarts.
Successful managers will largely depend on an
insightful understanding of people, processes and technology. That an
organisation should manufacture goods and services in the most competitive
manner is almost axiomatic. This, in turn, necessitates companies to
possess and develop rare skills and leverage them. The paradigm of
management has already shifted from the twentieth century mode to a
twenty-first century one. Thus, it is not a question of when to transform
managements. Rather, it is a question of how to do so as to quickly meet
the expectations of employees and customers.
In the next few years, command-and-control
structures will have to give way to continuously adaptive management
styles. Based on this eventuality we can arrive at some of the more
important attributes of a successful manager. The first and most important
characteristic is the ability to initiate a culture of communication in an
open environment. This is critical as it enables out-of-the-box thinking.
This translates into an awesome responsibility for managers: walking the
talk, creating challenges for themselves; searching and researching best
practices which can be emulated; and, most importantly, using instinct and
intuition.
Millennial managers also need to be always
conscious of the need to balance work and life. But, perhaps, the most
significant way in which managers in this century will be different from
those in the last is in terms of managing the external interface. It is
unlikely that all skills and knowledge required for a company's success
are resident in it; thus, managers need to learn how to leverage skills
and expertise from external constituents. One fall out of this phenomenon
will be the emerging focus of the manager: on competencies that are
systemic and rise from the alignment of people, processes, and technology,
not just on those that are related to products or processes. Terms like
constructive tension, mentoring, and peer evaluation will enter the
lexicon of the manager.
Towards the end of the 20th Century, most
Indian enterprises embarked on a journey of business transformation. This
wasn't spontaneous; in most cases, it was the response of these
organisations to events that had long overtaken them. Now, at the
beginning of the new century, a simple post-mortem indicates that the
survivors are those companies that anticipated change. In effect, they
changed before the environment did. They consolidated their operations;
divested those businesses that did not make money; right-sized; and
reengineered their operations.
This is a lesson that newer companies and
managers have assimilated. There are examples this new consciousness-Zee
Network, infotech companies like Infosys, Satyam, and Wipro; Orchid
Chemicals; the Bharti Group; Dr Reddy's Laboratories; Ranbaxy, and other
similar organisations have made knowledge an integral strategic tool.
What of the managers in these companies? I
think you will find in them more of the attributes I mentioned earlier.
Nilly Ostro writes on the 'corporate brain' that gave Texas Instruments
the ability to generate additional capacity in a tight market. Through the
sharing of internal best practices and enabling technologies such as
groupware and intranets, knowledge management pioneers are unlocking the
hidden value of their companies' intangible assets. On the flip side,
there is also the danger of information clutter leading to paralysis by
analysis. The smart manager will, therefore, sift data and archive only
that which makes sense to the organisation.
I have often tried to answer the question on
what kind of managers we really need. I think the answer lies in finding
and developing skills in managing disparate quality and quantity of
information into usable, actionable, and profitable pursuits and, at the
same time, leapfrogging to a higher level of corporate sensitivity and
maturity. I do not think that academic discipline matters; what is
important is the capacity to think and work in an environment that fosters
core values. Unless you are in the R&D business, you will not need
prima donnas. What the millennial manager, therefore, needs to possess is
belief in organisation's core values and mission.
It is my personal belief that adaptive
thinking, and the necessity to temper best practices will be a
sought-after quality among millennial managers. Let us not forget that we
expect these people to be knowledge managers who create and sustain an
abiding faith in the mantra of customer satisfaction. All millennial
managers will be specialists by education and training, but the quality
that separates them from their 20th Century peers is flexibility. This
will be reflected, not just in their approach to the task of managing the
organisation, but in their response to the rapidly-changing environmental
constraints.
Above all, mangers in this millennium will
have to think and work like entrepreneurs who can take risks, manage
profitable business units, spot emerging opportunities, and create value
and wealth. The ability to deliver value to customers and create
bottomline growth will be more critical than the ability to manage
organisational hierarchies. Entrepreneurial managers will need to subject
their business operations to sophisticated measures of wealth creation
such as EVA and ensure that their businesses are net wealth generators.
Where can we find such managers? In most
cases, you may find them within your own organisation. Unfortunately,
finding them is a difficult process. So, having found them, do not let
them merely exist, wrapped up in internal constraints. Liberate them,
invest in them, and participate actively in developing them as true
millennium managers!
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