Wednesday, June 22, 2022

Qualities, Skills & Competencies required for The New Age Manager

With time change, everyone is going through a process of transformation. It is no different for managers, the New Age Managers. How do new-age managers fit into the needs of new-age organizations? 

A report from the Business Manager for June 2022 by Management veterans and Industry experts who have seen and experienced generations shares the following insights

  • By being aware of the change in employee psychology - Managers should unlearn the intuitive side of decision making and turn towards new, rich analytics based decisions.
  • By learning to transition from authority to informality, from democratic to inclusive, and from the top down to the bottom up, transforming from a traditional authority figure to a trusted mentor, coach, and friend.
  • Focusing on facilitating performance and reducing friction to manage continuous change.
  • Becoming people managers, starting with dedicated efforts around wellness and care, leading to the creation of a psychologically safe environment where teams can thrive and unlock their potential.
  • By being agile, i.e. able to quickly pick up new skills.
  • Adapting quickly to the rapidly changing environment will be necessary for managers as they will be evaluated based on their capabilities in the areas of motivation, technological, cultural, social, emotional, economic, and digital agility. New age organizations will operate using these competencies.
  • Demonstrate compassion by moving beyond the industrial-era style of command and control and instead creating cultures of empowerment and contribution. Make decisions and solve problems more quickly by flattening out the hierarchy.
  • In this digital age, learn how to lead teams. The new managers will require a very different set of tools, e.g., agility, frugality, as well as a core of trust, empathy, and compassion.
  • The human touch is going to be more and more important as technology advances, as it is at the core of our human nature. We will never be able to replace human interaction completely.
  • It's all about embracing new initiatives that will lead to innovation at workplace since leadership style will always remain the same whether you're a fresh manager or seasoned manager leading through turbulent times. To stay on the crease and make way for the team while handling every challenge that comes your way and still be able to withstand emotional pressure will be a challenge for the new age leader/manager.
To conclude, these required qualities are not new and have always been identified, known and taught across ages. But the gap always has been in practicising them consistently. But what is changing is the degree of importance in implementing them NOW, in the current paradigm, it becomes more imperative & urgent.

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