For a long time, leadership models based themselves on mottos such as “One must lead, and the others, obey.” This kind of model is all about leadership being focused on a single person, with companies as strict hierarchies. Beginning in the 1970s, however, the changing economic context began to transform the concept of singular, absolute leaders into one of shared leadership.
Strategic management and Innovation
These days, certain situations occur with an ever-greater frequency: companies often create vicious cycles in which capable leaders become overwhelmed. Those same leaders, therefore, have less time to train new leaders who can temporarily replace them in their absences. A longer-term result is that, when the time comes for a new generation to take the helm, the pool of possible successors is filled with less experienced and ill-prepared candidates. And this is all about millennial leadership.
Are you familiar with those large panels which are packed with multi-hued Post-its? I’m sure you are, it’s part of a long-established, well-known system that is still the favorite organizational method for many companies and individuals around the world. These boards, with their sticky notes, may seem outdated, or even archaic, but they are still widely used for personal organization and even in large projects. Its continued relevance is due to the existence of an essential methodology behind the seemingly old-fashioned design. So, here we’ll discuss what is kanban and learn what it is all about.
To a greater and greater extent, time is money. This is especially the case in a market where the competition is growing steadily. Companies which are capable of optimizing tasks and using their time wisely and in the most efficient manner already have a leg up on their rivals in the market. Therefore, firms are always looking for new ways to streamline their management, focusing on results and taking every aspect of the organization into account. One of these new methods is visual management.
For some time now, we’ve been writing about checklists on our blog, and how this tool can help you increase your productivity. Now, we’ll turn to something similar: it is a kind of list as well, but one that is more specifically associated with IT, because it refers to the development of a product or system. Let’s look at what is backlog and how its use can make your management more agile.
As Peter Drucker, a theoretician and the father of modern business management once said, “most of our assumptions about business, technology and organization are at least 50 years old. They have outlived their time. As a result, we are preaching, teaching and practicing policies that are increasingly at odds with reality and therefore counterproductive.” People who keep up-to-date with our blog understand that we often focus on the rapid changes in management techniques, and the trends that flow from those changes. This post will deal with the agile methodology, which is one of the responses to the dynamism of contemporary management theories.
One of the most significant challenges of any growing company is to maintain the responsiveness and agility it had when it was a startup or a small company. This difficulty is especially acute when organizations grow into multinationals. With vastly greater numbers of employees and infinitely more complex operating structures, few are capable of preserving the operational speeds they had once reached as a smaller company. The software industry, which has faced this challenge for some time, conceived of continuous delivery, a way to keep your foot on the accelerator without the risk of damaging your firm.
You have heard of time as wealth, an asset, a resource, and so on. But what about time as a currency? Have you ever thought about it in this way? That perhaps time is the most valuable currency that exists? And that we should carefully invest it in whatever is most important to us? Personal relationships, our professional lives, who knows what else? So, try to think about time management from this perspective: universally, we show that we like someone by spending more time with them – we “give” them a part of our time. Conversely, we punish people by depriving them of our company, of our time as a resource.
When it comes to consumers, time never stands still. After years and years spent debating the characteristics of generation Y and then on how to approach them, it is already time to meet the next set of customers, who have been designated by the last letter of the alphabet: generation Z. Who are they? Where do they live? What do they like? And, more importantly, how should your company relate to these new consumers?