MGT101

Management and Leadership are not the same

Facets of Management

The new school of management

For sometime now, many of the world's most powerful businesses have shaken the foundations of business, not to mention lives, by deciding that it would be best to implement "change management" in the most unacceptable way; giving the jobs of older professionals to younger, fresher minds in the hope that they would somehow miraculously increase the profit margins to new heights.
This idea has always been compared to communism in my mind because like communism it failed to conform to the logic of human psychology.
Instead of big business replacing the natural order of life, they should entrust management with the power to have the younger generation work in brain-storming teams or in parallel with the current management and with more freedom.
Today we have seen the new management at work creating employees that are mere shells knowing less about their own jobs, producing redundant information, producing inferior products, and all at a display of marginal profits.  Saturation of the world's super power countries has and will not occur as long as new products and ideas are produced while the majority of sales will transfer to the more backward nations of the world. Therefore, one can conclude that returning management to it's natural order of human nature should be every companies short-term goal.

Management, management where art thou???

For years I have heard many management perspectives and theories but all I have seen is what appears to be the loss of management caused by the pressure of the stockholder and the BOD (board of directors) not to mention company management itself.   We have seen a variety of changes that came about from the industrial age through the end of the 20th century and continuing into the 21st century.  Even the marketeers have had their day of creating terminology such as Change Theory or Change Process.  In the end, it is still simply a change and it happened before the age of marketing and will continue as long as people continue to create new ideas or rectify older ideas.

While the current theories of globalization may sound and look great on the financial spreadsheets of analysts, in fact, they are leaning toward a different social structure.  In reality though, large corporations will find that their decisions to follow the will cause their own downfall due to their follow-the-leader form of management today.  It should have been obvious from the beginning that by following the theory of globalization that they cut their own throats because as the theory involves the reduction of companies, it therefore resolves that there will also be a reduction in management positions.

One of the favorite sports of management today is what I like to call "the souvlaki syndrome".

This is the niche of business startup to make a fast buck.  In essence, it is a very bad form of business practice that usually involves small business owners but from what I have seen in today's markets also includes large business as well.

Business A starts by someone who creates an idea.  Slowly, the new company catches the market share with a wave of success but then all of a sudden out of the blue a person or another business with available funds decides to copy the original business but without any forethought.

Thus, this sequence happens, over, and over, until you have "a souvlaki shop" on every street corner.
Alas, all is not well. And so, the decline of the businesses start to avalanche into numerous bankruptcies until all or almost all fail.   But then, like life on earth, a new leaf reappears, and yes it is a new business that is formed by again someone who has "managed" to create a modified version of the original Business A.  Thus my definition of the souvlaki syndrome!

Management Focus, how much?

Managers today struggle to keep their views as open as possible but at the same time one must keep focused on the task at hand.   This can create problems both foreseen and unforeseen.
As an example, a manager of a small business manager attempts to hire additional employees separate and assign responsibilities to the new staff.
The manager maintains relations with clients and suppliers and focuses on the tasks at hand, exerts the majority of the focus on staff but inadvertently does not see the rapidly changing environment of business today causing the regression of business expansion.

The best approach to avoid this is to imbed into a regular schedule of tasks, one additional task to use our sense of focus for an optimum view of where we are today and where we are heading tomorrow.

While developing these pages, I have a tendency to combine different areas or functions of business into others as will be evident here.

HUMAN RESOURCES or HUMAN SERVICES

The Cost of absorption factor

By allowing for rapid change, the effect will occur thereby decreasing the knowledge base of the individuals that originally created and managed the process that was expertly known by a factor of ten.
In short, transmit a piece of information along a chain of 10 people, and the result will be a loss and failure of task completion resulting in the degradation of the product or services or task originally targeted.  Thus, the buyer will pay the additional for the factors ineptitude and imbecility.

Don't forget to see Human Resource Capital or HRC101.

MANAGEMENT COMMUNICATIONS

Communication, as defined by Webster's dictionary is the imparting or interchange of thoughts, opinions, or information by speech, writing, or signs among other variations of the definition.

Many of us have had the pleasure or lack thereof to try to resolve confrontations due to failures in communications.  I have found that in the majority of cases, if a person attempts to communicate something to a fellow colleague and that colleague responds with a blank or starry look on their face, it is most likely that that person initiating the conversation has failed in the attempted transmission of thought.

Three possibilities of communication problems exist if:

  1. They are incompetent
  2. Their native language is not the same as yours
  3. Your communication is ineffective or poorer than the other person's

In most instances, you should review what it is you are trying to express because 99.5% of the time point #3 will occur.   If you don't believe me, then write out the last verbal directive that you said and then re-examine it word for word and you will see the logic you are using.

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