Top 10 Management Trends in 2019

The year 2019 is almost half way through and many a managers around the world have already learnt the skills that would give them a head start this new year.  But for those who are still mulling over their future course of action, here is a listing that may still gear them up for the remaining part of the year:

• Remote Workers
• Video Marketing
• Rising Wages
• Artificial Intelligence
• Team Brand Ambassadors
• Customer-focused Organizations
• Outside Consultants
• Work-Life Balance
• Continuing Education
• Training Millennials

Now these is just a listing and a smart manager may find these not very hard to adopt, for most of the managers today are fully abreast with technological advancements and know the importance of IT and Artificial Intelligence. 

If you are a manager, which of the above listing would you instantly adopt if given a choice?

Given to me, I would concentrate on "Continuing to educate" myself of the trends that are taking place around me for being updated and knowing more is a must for just about every industry. We live in an ever-changing world, meaning that what works today may not work as well tomorrow. For as technology like AI and other improvements are integrated into one's company’s mainframe, employees will need to learn how to adapt to the changes. This provides opportunities for both internal experts and outside consultants to offer training on these advancements.

Photo | Read more about it at: Teamwork
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Concept of Management

We often talk of management in almost all spheres of our lives - from home to office and from shops to malls - nothing moves without efficient management by everyone; from ordinary worker to the top hierarchy or even your wife when it comes to handling and 'managing' the affairs of the house.

So what this management really means and is all about.

Management is in fact the administration and coordination of efforts of every tool, machine and human resource for best possible 'productive' output. Simply speaking, management is the process of dealing with or controlling things or people. F W Taylor describes management as an art of “knowing what you want to do” and then seeing that it is done in the best and cheapest way

But a detailed and more elaborate definition of management is defined by Wikipedia as: The administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.

Going deep into the concept, things start to take rather complex shape as far management is concerned. The concept of management translates into a process of planning, organizing, staffing, directing, co-ordinating and controlling the activities of business enterprises. It is also described as the technique of leadership, decision making and a mean of co-ordinating.

From the above, it can be seen that it is the leadership which decided and defines the concept for the enterprise by taking the right decisions and coordinating all efforts for the ultimate goal of optimum productivity, outcome and profits.

Now this is simply a birds eye view of management. But there is whole lot more to it and I will try to broaden the concept in my future posts.

References: Wikipedia | Photo

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Body Language: What messages does it convey

Managers are the people who interact with people, clients, colleagues and subordinates more than the ordinary people. And when confronted with seasoned managers, their body language conveys a lot about them and what actually they mean at a given point in a discussion.

Body language is in fact is a major indicator of what actually a person is thinking or what actually he means when talking to a client or a compatriot. And it would be naive on the part of one person to think that the other is a fool.

In fact on the other end of the table or discussion are people who are seasoned managers too and some of them may know exactly what body language of the person in discussion is conveying to them: Whether he is bluffing or conveying positive indicators in his approach.

Just watch the small video below I came across on Facebook and see what your body language may actually convey to others:

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Who are successful people - 6

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This is the 6th post of the series of posts about who successful people really are. To many successful people are who are rich and famous, celebrities and people of fun and parties. Yes to an extent they are right. But most of these people become celebrities by a stroke of luck or an opportunity robbed from the window of opportunity opened just about the time they were there.

But real success does not come easy. The climb up the ladder of success is laborious and requires resilience, determination and IDEAS.

Yes ideas - it is the ideas that have driven men from obscurity to the zenith of success. Just have a peep back into the history and would find that whatever we are today or the comforts we are consuming are just due to ideas of some people who thought and made sure their ideas worked for the benefit of others.

We have two kind of people in any organization, business or even our daily routine life: People who talk about people and remain jealous of them, and people who discuss ideas. Discussing people is easy - something women very good at. But discussing ideas is attributable to really successful people.

Bill Gates is a drop out from his studies - but his idea made him the boss of one of the biggest organizations of the world: Microsoft. Likewise Steve Jobs turned Apple into a fortune minting organization and now a a big chunk of world's tech-gadgets and smartphones belong to Apple.

So always concentrate your energies on thinking and discussing ideas - not whiling away your precious time discussing people that does not yield anything but heartburning.

Think it over!!

My previous on the series: 

Who are successful people - 1

Who are successful people - 2

Who are successful people - 3
Who are successful people - 4
Who are successful people - 5

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Who are successful people - 5

I have been talking of qualities, character traits and leadership skills of the people we call successful - be in business as managers or entrepreneurs or in our ordinary lives - even to keep the matrimonial relationship intact. 

And we analyze the qualities discussed in four of earlier posts, we will find that these qualities are not hard to acquire or exhibit. It only needs just the right kind of mindset to become successful or unsuccessful, if one choses to be so by neglecting these simple yet very practical tips.

However, the tip of the day is a little bit difficult - something that we often find hard to exhibit and adopt: Forgiveness.

Forgiving someone who has harmed us and has robbed from us the opportunity when it was our day to shine is perhaps the most difficult character quality of leaders, managers and even ordinary people when dealing with their nagging relatives and so called friends.

The most oft argument against forgiveness is that it makes one weaker and let the actual defaulter or culprit walk away with head high. But that is what we think. One has to forgive not innocently but firmly - so that the real culprit knows that you are doing it as a good man and NOT as a weak and meek one to succumb to others' position or authority or fear.

Think it over and try forgiving someone who has harmed you and you would more often than not find the defaulter thanking you for being so kind for forgiving. The weak and eek can never forgive. Forgiveness is the attribute of the great and strong.

Remember all Prophets of God always forgave - why cannot we?

Photo: The tree of forgiveness

My previous on the series: 

Who are successful people - 1

Who are successful people - 2

Who are successful people - 3
Who are successful people - 4

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Who are successful people - 4

I am sharing a series of graphics showing who are successful people and what makes them so. My previous and third post centered on successful people who continue to learn more rather than sticking on to their already gained knowledge which may not conform to the requirements of the day and changing business or environment patterns.

How is your attitude towards your colleagues and subordinates when they do something good for the organization or to you? This is what we are going to dwell at today.

Thus my fourth post today centres on people who give compliments to their colleagues and subordinates when they render any assistance or proffer a new idea which may be helpful in solving a problem. This is what the successful people do as against those unsuccessful people who are always bickering and criticising others for no valid reason. 

Even complimenting a stranger opens up a conversation and makes new friends. It even sparks creativity in people being complimented. But remember compliment people - but do not flatter as it may leave a person overjoyed beyond a point which may make one proud and over confident. 

So always be forthcoming in complimenting others, for its leaves a refreshing impression on others, which may in turn help them work more being refreshed by a pat of filip on their shoulder - rather than being demoralised by undue criticism.

My previous on the series: 

Who are successful people - 1

Who are successful people - 2

Who are successful people - 3

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Who are successful people - 3

I have so far shared two reasons that make people successful or otherwise. This is my third post as to who successful people really are. 

These series of posts are specially for the benefit of the managers and people associated with business as a small let up here and there can cost the business very dearly - and also to one's future career.

One has to be mindful of one's behaviour when one is dealing with people or when being watched by his colleagues and subordinates. Those watching him want to see something new in his approach or strategy rather than sticking on to the traditional mindset rotting due to inertia and stagnation. 

As can be seen in the graphic below, those who continuously try to learn new strategies and new business techniques carry the day.

Here comes the opposing side: They contend that whatever they know has been time tested and has been used by many a successful manager in the past. True to an extent as there is no alternative to experience. But that does not mean that one should not try out new things for advancement in technology has changed many business strategies altogether - even leaving some redundant.

Remember:

Successful people believe that learning never ends. This doesn’t mean they’re going to school to get new degrees, although they may. Even without formal education, they’re constantly reading and learning from others around them, perhaps from books, trade magazines or conferences, or from others who are ahead of where they want to be. 

What have you learned recently that can get you closer to the success you want? If you haven’t picked up a book, trade magazine or listened to CDs or MP3s that can get you smarter in your field, it’s time to start. (Source)

What do you say?

My first post on the series: 

Who are successful people - 1

Who are successful people - 2

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Moody’s predict stable outlook for Pakistan

International monitoring watchdog Moody’s Investors Service has assigned a provisional rating of (P)B3 to Pakistan’s announced global bond offering while keeping the outlook stable.

The predicted announcement comes after Pakistan and China agreed to establishing a  China-Pakistan Economic Corridor (CPEC) from Pakistan's Gwader port on the Arabian Sea to China through land route in Pakistan.

CPEC is expected to generate immense economic activity in Pakistan including the communication, transportation and power generation sectors.

Source

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Who are successful people - 2

A few days back I shared a graphic representation of people who are successful. Success has many facets and shared just one in my previous post. 

Success specially for managers and entrepreneurs is a must without which they cannot exist or face their contemporaries. Unless they know the secrets behind success, they just cannot survive the rigours of the marketplace and are sure to doom.

With this analogy in mind, I shared the first graphic representation of successful people: They want others to succeed and help them doing so, rather than pulling their leg from down below for them to fall to create a vacuum for them to fill in.

Today, I am sharing the second trait of successful people:

This is something that relates to their character traits: They take the responsibility when something goes wrong, rather than blaming others and trying to get away. Those who take the blame, rise above others, both in the eyes of their employers and their subordinates. While the second kind is caught one day and are dishonoured.

I hope you would like to be in the first category and let your character tell who you are!!

My first post on the series: Who are successful people - 1

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Who are Successful People - 1

This world is about successful people only. Be it business, politics or anything else - it is those few successful people who have changed the canvas of the world scape and made the difference.

What makes people successful anyway? I came across a few figures showing what makes some people successful and gives them an upper edge over the others. I shall be sharing these couple of dozen figures one by one so that newbies take time to absorb the idea and learn how to be successful in anything they do.

Here is the first one:

Noticed the thin line difference? The successful people help others to succeed - while the unsuccessful people are always trying to make the successful people fall - rather than concentrating their energies to succeed.

Always remember: Strong people do not put others down - they lift them up !!

This is the first one - wait for more four more reasons that make people successful. 

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275,000 people not paid as HSBC's payments system fails in Britain

It was a bad day at HSBC as it failed to make payments to some 275,000 people due to system crash.

A report says that hundreds of millions have not been paid to up to 275,000 people Saturday today and the victims take to social media to complain as their salaries are not paid.

HSBC first denied fault but three hours later Britain's biggest bank, which has 16 million UK customers, revealed an IT glitch in the Bacs system meant they failed to transfer hundreds of millions of pounds on pay day. 

HSBC has however promised that the payments will be made by the evening.

Bacs,  that stands for 'Bankers' Automated Clearing Services,'is a system in the UK for making payments directly from one bank account to another and is used largely used by employers to pay employees weekly or monthly.


Read details at Mail Online

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Beware! Overweight candidates are normally ditched

A recent survey shows that overweight candidates are normally ditched b their potential employers during the interviews on the pretext that overweight people are generally lazy.

A recent survey that questioned 1,000 British companies concludes that almost half companies said they are less inclined to recruit an applicant after interview if they are obese or overweight.

Beverley Sunderland, managing director, at Crosslands Employment Solicitors, who commissioned the research, said: 'Our research shows that prejudiced attitudes towards hiring obese workers are rife among British employers.'

The findings come in the wake of a European court case brought by unions and lawyers on behalf of 25st childminder Karsten Kaltoft, 50, who claimed he was sacked by his local authority in Denmark in 2010 for being too fat. 

This rather distrubing news should serve as an eye opener for all those who give more weightage to their intellect / degrees and CV rather than their physical appearance. 

Read more about the study at the Daily Mail

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Do you interpret a candidate's CV Correctly?

As an employer, manager or being part of the interviewing panel, managers are more often than not have to spend considerable time in reading the CVs of the appearing candidates to 'know' them before they appear for the interview.

But do you know that generally employers / managers / interviewers draw the wrong conclusions in key personality areas from a CV?

If you are surprised by this finding, you are certainly one of theose who do draw wrong conclusions in key personality areas from a CV of a candidate and thus are unable to correctly interview the person and may not benefit from his/her correct personality traits, says a recent study.

A study group, which recruited 122 managers/potential interviwers to study 37 CVs, has found that recruiters made flawed judgements about a candidate's personality based on what they read in their application. On five key personality areas, HR staff drew the wrong conclusions with a huge potential impact on a candidate's chances of getting an interview.

In each of 37 cases the 122 recruiters were asked to look at 77 aspects of the document covering what psychologists called the 'big five' personality traits. These were openness, conscientiousness, extroversion, agreeableness, and neuroticism.

And surprisingly, the findings showed that the recruiters were bad judges of character. In particular they tended to rate people higher than they were really in extroversion - a quality which meant they were more likely to be hired - and lower in conscientiousness than the reality.

Watch the video below on how to correctly evaluate a CV:

Read more about it at: Daily Mail (Photo: Pixabay)

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