I am back after nearly ten months. Should have posted some stuff earlier but just did not have the persistence. Not that any of you were burning the blog with comments and posts. Here goes some interesting stuff I attended.
Gary Hamel in Delhi
Gary shared some very interesting perspectives to what's happening in modern organisations. I will try to put my take on some of these here.
Till about 20 years ago, to get ahead in the business world you needed to have knowledge. I am sure all of us have come across terms like Information is power, Knowledge based leadership etc. The internet has now changed all that. You cannot win, with just knowledge or information. It has become a commodity, its accessible at a mouse-click. Whatever you want to know or learn about anything is available to the entire heirarchy. Information is no more power. The over-riding fear now is of becoming obsolete. You need to keep acquiring knowledge just to keep up with other.
The power now resides in innovation. Since the entire universe has the same knowledge or information, if you want to win you must have a different perspective. This comes out of innovation and initiative.
Most of our organisations are still structured for the old paradigm though. The senior-most honcho is still the most experienced and knowledgeable guy. Even at lower levels, what do we look for when we are hiring new people? Relevant experience, diligence and depending on the job, Intelligence. Performance is still measured in terms of efficiency and achivements are mainly through process improvements. All people have abilities. Because knowledge has ceased to be an edge, there are some hygeine abilities and some new world abilities. The organisations will need to look for and foster new world abilities.
Basic Employee capabilities
- Intellect
- Diligence
- Obedience
New requirements.
- Initiative
- Creativity
- Passion
The first three are commodities and are easy to hire. The next three have to be fostered. As a manager you can ask all your employees to be diligent and obedient and make sure they have a high IQ when you hire them. You however will need to create an environment to get your people to be creative, show initiative and have passion towards the organisation. That really is the new world challenge.
Large organisations are built on stiff processes and heirarchies that foster bureaucracy. To keep the flock together and give a uniform direction to the organisation you will need to standardise processes. It is meant to stifle innovation, not as a stated intent but is designed for it. We want the large mass of employees to be process owners and then want to create a Business Strategy department to do innovation. Thats the way it is.
Initiative, creativity and passion will make excellent organisations of the new world. New ideas must come from each and every corner of the company to get enough momentum in innovation. Business strategy dept. will never be able to generate enough new ideas. 'Bottelneck is at the top of the bottle'. We must open up the bottle from the bottom for energy to flow.
