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9/15/2012

9 Most essential global perfect manager characteristics and social behavior in corporate world

Success story of a Global business and marketing company normally depends on perfect managers but here is the question that who are the perfect mangers and what are their characteristics ? To day i am going to discuss the most essential key points of a perfect manager who can lead a company to global market with glory.
global perfect manager characteristics
Once we are in need a manager who can manage our online and off line business.So we had get to create the ad copy for hiring our next manager, review the list of candidates, interview the final choices, and select the best person for the job.

Global perfect manager characteristics and social behavior in corporate world 

There is the most perfect criteria those we were short listed for the up coming manager :

1: Real people person not machine:-

Company is nothing only a group of people and we are looking for managers who like people. You should be comfortable with conflict resolution. You should know how people work and know how to motivate your team. If you are better with computers than people and understand windows and linux better than English, you are not a good fit for our managerial team. We may, however, have an opening in our Communications Services Center and suggest you send us your resume/CV via email. A good sense of humor is also a must-have attribute to lots.

2: Be positive visionary:-

Can you see the future? We need managers who can identify the next product or service that will be in demand and bring it to life. You should be goal oriented and effectively use your resources to “create the unusual.” If your definition of “visionary” is the ability to see out a large picture window in a corner office, you would be wise to envision your career with another company.

3: Must be a good communicator:-

You should be able to communicate effectively using all methods, including visual presentations, public speaking, email, teleconferencing, and face-to-face. Good communication is a two-way street. You will be required to routinely update your employees on their and the team’s performance. You will communicate any feedback from upper management and customers and provide status information when asked. Employees will provide feedback via a process called “Rate your boss,” which will enable managers to improve their performance.Good communication does not include shouting, cursing, throwing a fit, threatening, or any other form of physical or verbal abuse.

4: Must be technically proficient:-

You don’t’ need to be able to code in html or Java , but you should be able to give technical guidance and decide the best strategies and methods for success. And no, having watched Happy Feet or the March of the Penguins does not qualify you as technically proficient in Linux or windows.

5: Employees’ needs first:-

We need managers with a selfless attitude who are willing to fall on their sword (figuratively not literally) to meet the needs of their staff. Climbing the corporate ladder should come second to the needs of those working in the weeds. The philosophy a company is that managers must be succeed best by satisfying the needs of their team.

6: Must encourage team work :-

Teamwork is important for any company. Not only are you required to encourage the best practices for building teamwork, you are considered a part of the team. In fact, now this days , there is no traditional office space for managers ; you are required to sit and work with your staff. You will be assisted by a secretary who will provide secretarial services to all team members, not just to you. Just for the record, we do have doors on all conference rooms and bathrooms, but using either as a permanent office is considered “unacceptable behavior.”

7: Leading with example :-

All managers are required to dress and act professionally at all times and to be available to give guidance and help when needed. Leading by example means working late and on weekends with your employees, parking with your employees, and using the same washroom as your employees. It’s all about doing instead of pontificating — and doing the right thing. We consider leading your team off a cliff the wrong thing — misguided lemmings need not apply.

8: Treat your staff like professionals :-

You should have the confidence in your team’s proficiency to decide most issues by themselves with only your guidance, as required. We treat every employee as a professional who doesn’t need immediate supervision. You will be looking over your workload and not over your employees’ shoulders. And isn’t that a comforting thought.

9: Encourage professional growth :-

All managers are expected to grow their skills and those of their team members.Do some thing special which is “Be more than you are.” No, that motto is not displayed outside the company cafeteria. Another of our mottos that encourages professional growth is “Keep moving forward” — and it is proudly displayed in the cafeteria and on the dashboard of all company vehicles.

Bonus criteria of a perfect manager " Do something special "

Satisfying all the above criteria is not enough. You are also required to do something special for your employees that:
Will be remembered fondly decades from now.
Can be shared by the entire group.
Won’t break the budget.
Maximum companies believe that life is too short not to have a little bit of fun along the way. Most of our lives are spent sleeping, followed next by time spent working. We therefore require our managers to create an atmosphere of fun (in the workplace that is, not in bed). A good manager is also in the memory creation business. In the big scheme of things, a manager who doesn’t create happy memories is a failure in the game of life.

Conclusion:-

Perfect ness has no particular measure in work place such at one company, my team and I had the privilege of interviewing the applicants who wanted to be our next supervisor. I emphasized that I expected our supervisor to be available to help in any way he or she could to meet our team’s objectives. Somehow, that requirement was lost after the hire. I attribute this to the swelling of the head and the pressure on the prefrontal cortex that often results from landing a managerial position.

Reference/source :-

1. Perfect global manager by Alan Norton
2. Top managerial skills
3. Human Back in human resources
4. Getting social with employees
5. Essential management characteristics

9/03/2012

Most valuable 9 probable reasons for the failure of creating new business icons in India

Most valuable 9 probable reasons for the failure of creating new business icons in India.Recently an article has written by Malini Goyal of Economic Times gives five reasons why India has failed to produce next generation business icons.India has created enormous wealth in the past two decades. But being wealthy is not necessarily being iconic.Business icons are those whose presence and influence have gone far beyond their business.
 
They have acquired some kind of statesmanship, have high individual credibility and are very widely respected.Weigh the younger generation on these counts and most of them fail.We are trying to find out the reasons behind the failure to create new business icon in India.As we know that India has the large number of richest people in the world.

1. No New Sunrise Sector:-

Unfortunately, today’s business people are not able to come up with sunrise sectors.The first-wave-business-icons mostly emerged out of sectors that were new, not capital-intensive and were relatively free from government controls. Starting with the novel sectors like IT and telecom industries, these icons grew up as they were sectors where even newcomers with little capital could built up business empires in a short span of time."A rising tide lifts all boats," says Pankaj Ghemawat, global strategist and professor. The first generation businessmen who acquired iconic status rose at a time when India was growing rapidly. From almost nothing, the IT and BPO sectors are shining at $100 billion in annual revenue today.Ever since, India has not seen the rise of new sunrise sectors — unshackled from government controls — and that missing factor has become another obstacle for the Indian businessmen to achieve the status of business icons.The lack of proper reforms may be the reason for this. "The first wave of reforms in the early '90s created a lot of headroom for entrepreneurs to take advantage of. The lack of significant second wave of reforms since then may have constrained the emergence and expansion of other entrepreneurs," says Ghemawat.
From retail to aviation, the government is delaying the second-generation reforms, what the Indian economy needs badly. Such delay has made the new sectors to come in and it, in turn, holds back the rise of next generation business icons too.

2. Blame the Oligarchic Capitalism:-

India has witnessed a sharp rise in economy over the past decade, what the newly appointed Chief Economic Advisor Raghuram Rajan calls oligarchic capitalism. He also observes that India has the largest number of billionaires in the world per trillion dollars of GDP; where the predominant source of the wealth creation has been land, natural resources and government contracts. This very government-business nexus has made things difficult for new players to emerge iconic.Ruchir Sharma of Morgan Stanley, talks about the same thing in his book “Breakout Nations: In Pursuit of the Next Economic Miracles.” He writes in his book, "In the global media India is still closely associated with its technology entrepreneurs, but lately these dynamic moguls are getting replaced on the billionaire list by a new group: provincial tycoons who have cut deals with state governments to corner the market in location-based industries like mining and real estate."This ‘license raj,’ a way to access government patronage has been a key factor in shaping fortunes presently. But those who did succeed in this and became rich businessmen did not turn business icons as they failed to earn respect that many of their peers had from 1990s and continue to have even today.

3. Fewer Icons in Volatile Times:-

There is no doubt that monsoon brings more greenery on earth; likewise, when the time is good, more people are likely to flourish.Obviously, the post-9/11, post-Lehman and post-27/11 world and India do not provide good times for Indian businessmen. The politically, socially and economically disturbed times are not so hospitable for new icons to bloom.In a broader scene, Microsoft was tasting success, two decades ago, which became mere marginal when Google snatched its position in the market; meanwhile competing with Facebook. Apple, which was once the synonymous with success, now faces close competition from other similar brands. All these are not confined to the tech-world alone, but this is the fate of all entrepreneurs in the present scenario. And the India’s story is not different.Presently it is been observed that success is not so easy to sustain over a long time. When corporate tycoons are struggling with business challenges as Kishore Biyani of Future Group, they find it difficult to take their eyes off their business empires and focus on larger stuff.
However, there is something more specific about the last decade that made things difficult for new business icons to emerge in India.

4. Icons Take Time to Bloom:-

According to Adil Zainulbhai, India Chairman of McKinsey, it is not the aura of the first generation that makes it difficult for the up-coming business stars. But, he says, it takes time for the new ones to bloom and establish themselves. Enough time should be given to them to breed and make a name in the public.In the 90s, the era of first generation business world, people like Murthy, Mittal, Kamath,a andParekh were making money; but, none of them were iconic, instead, they were struggling entrepreneurs and executives who were fighting battles. They became business icons only over the past decade, when their businesses achieved a critical mass and they could get consolidated positions.Adil Zainulbhai further added, "We look at the past with greater clarity than the present. We identify winners in retrospect a lot more and better than in the present."Think of the '90s. Murthy, Mittal, Kamath, Parekh were making headlines but they were hardly iconic. They were struggling entrepreneurs and executives who were fighting many battles. Their larger-than-life image, their iconic status has only taken shape over the past decade when their businesses have achieved a critical mass and they have consolidated their positions. "We look at the past with greater clarity than the present. We identify winners in retrospect a lot more and better than in the present," says Zainulbhai.

5. Nothing Like the First Wave:-

In the 1990s, when India freed up its economy, the first generation entrepreneurs emerged in India such as Murthy and Nandan Nilekani—the co-founders of Infosys—from the middle-class to thrive for success. Most of these first generation business icons used their educational backgrounds and grand vision to script their success. They came up with their own norms of governance as there were less government controls.These first generation entrepreneurs, from K V Kamath to Deepak Parekh, Sunil Mittal to Murthy, led their companies and adopted values and high ethical standards that were the back-bone of the Indian middle-class. Almost all of them flourished in some sunrise sectors like telecom and IT industries, which didn’t have much competition from contemporary players and were almost free from government controls.Thus, these first generation business stars, focusing on novel sectors, played ethical yet ambitious games and turned wealthy; and yet retained the middle-class ethos.

6. Less government inspiration:-

An entrepreneur that shuts down a failed business and then starts a new business has likewise completed a step toward becoming free to live life by their own rules. Their future success starts at the point many quit in failure and flee to the false safety of a job. That's persistence.But there is no such assistance is come from government side when an entrepreneur has failed his/her first own venture,no body has come forward to restart his/her new venture.Governments know they own the local monopoly on violence. They use that power to indoctrinate, tax, and control.Government determines if their customer's dreams and ambitions have a hope of becoming real. Customers are not indiscriminate cows to be milked or butchered as managed herds. Customers are individuals, any one of which may cure cancer. write poetry, create a new style of business, or solve pollution -- if their art is not constrained by fences forcing them to act like all other cows.

7. Less risk coverage:-

Education, training, passions, hobbies, interests, or creative ideas are a great starting point. Since it will be spending time, money, and effort as struggle toward business success - choose to do something that can do with enthusiasm. Focus on the top two or three passions; the joys of pursuit can help through rough periods.But a few well educated youth tak this risk to start his/her own business.Normally they want a good job with high salary.

8. Lack of well furnished project planning:-

Comprehensive up-to-date coverage for new business Project is needed for any business but it is seen that business Projects are like news stories and which has no in-depth coverage with out videos and photos , service, office space, services,graphics and more.

9.More emotional & traditional:-

Indian people are normally more emotional either in business or any where.So they take the decision emotionally which may not be realistic or real time update or back dated.Indian gives importance on traditions than any other factors.This is one of the core factor of business failure.

Reference:-

1.Economictimes by Indiatimes
2.Siliconindia