Forging Management

7/31/2019 Forging Management

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FROM,

ROHINI .DFATIMA.K

MUNAVARALI .

NAVEEN.K

Presentation on forging

management


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Forging management

With a battalion of new business challenges massing on the horizon, its

time for companies to start taking management innovation as seriously

as they take other sort of innovation.

We are reaching the limits of management as we know it ,then

tomorrows winner will be companies that forge the future of

management.

In this effort, the work of every inspired volunteer will be needed, but

sooner or later , management innovation has to go mainstream.


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The courage to lead

To build a capacity for relentless management innovation , you

must be willing to ask what new management challenge, if

mastered would give us a unique performance advantage

How can we bring management discipline to science?

How can we grow outstanding leaders?

How can the center add value to a disparate set of businesses?

How can we build a boundryless organization?


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You dont have to be big or revered to be a

management pioneerbut you cant be

fainthearted. You must be willing to venture

off the map.


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An inescapable conversation

How can we turn management itself into a competitive

advantage.

Management innovation must become an inescapable topic-apart of every serious discussion about your companies future.

You might start by asking the participants in this years planning

or budgeting process to nominate the management challenges

that, if successfully addressed, would give your company a

performance advantage.


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Get your colleagues involved in a discussion of new management

principles. Identify the institution or systems that embody the capabilities

you are hoping to build in your company.

Create a speaker series and invite in experts who can help your peers learn

from these exemplars.

If we wanted to build a company that was as restlessly innovative as

silicon valley, how would our management process need to change.

There is little in the management systems of most companies that prompts

proactive strategic renewel.


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A focus on causes, not symptoms

To cure a crippling disease, drug researches have to

uncover the genetic flaws or disease mechanism that

cause the malady. The same is true for organizational

diseases the in capacities that stem from our in herited

management beliefs. Here, too, a painstaking analysis of

first cause is essential to inventing a cure.


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Accountability

If we want to create a capability for fast-paced management

innovation, we must hold internal process owners responsible

for breakthrough innovation.

If we cant figure out a way to turn all this expensive and time

consuming work into a source then we outsource it, the same

way the line executives have to be held accountable for the

health of their management innovation pipelines


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To review one anothers innovation performancethe following questions have to be considered

Are we generating a robust flow of new management ideas and

experiments?

Are we experimenting broadly enough?

Are our experiments bold enough?

Will this portfolio of experiments will enhance our companys

financial performance?


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Permission to hack

The important thing that a organization has to do is

reinvent its management processes is to give ordinary

employees and lower level managers the opportunity to

hack those processes.

The users who offer the most interesting ideas could be

given the chance to get directly involved in reinventing

the process.


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Management 2.0

The future of management in the social revolution that I snow

gathering pace on the web.

The internet is most adaptable, innovative, and engaging thing that

human beings have ever created in many ways the web is the new

technology of Management.

The internet amplifies creativity and aggregates effort through

pervasive, real time connectivity( aided of course by all the newsocial technologies that allow people to chat, opine, share, and

collaborate online)


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Management 2.0

The social anatomy of the nest in an all channel, end

end network where every one is (potentially) connected

everyone else. Here , horizontal process for control and

coordination largely substitute for vertical processes.


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Use of Web.

Why exactly, is the internet so adoptable, innovative, and engaging? Because

Everyone has a voice.

The tools of creativity are widely distributed.

Its easy and cheap to experiment.

Capability counts for more than credentials and titles.

Commitment is voluntary.

Power is granted from below.

The only hierarchies are natural hierarchies.

Resources are free to follow opportunities.

Decisions are peer based.


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Fit for the future

The technology of management must be reinvented, and

will be reinvented. The only question is : who is going to

do the reinventing?

First time since the drawing of the industrial age, the only

way to build a company thats fit for the future is to build

one thats fit for human beings as well.


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Forging Management