Page 57 - Chapter One
P. 57

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                                Why it is Time Now for The Management Shift



          Traditional management approaches  Emerging management approaches
          Key leadership traits: being tough,   Key leadership traits: intuition,
          controlling, analytical        cooperation, being forgiving, risk taking
          Charismatic CEO                Courageous, humble CEO

          Rank your employees            Hire  self- motivated people with the sense
                                         of purpose
          Control rigidly within fixed   Allow freedom within agreed overall
          framework                      (changeable) framework
          Be a market leader             Find a niche and use innovation
          Cutting costs                  Culture based on care, connection and trust
          Admire company’s strength      Admire company’s soul
          Centralized hierarchies        Decentralized networks

            Profit- making machines      Sustainable and socially responsible living
                                         systems
          Employees as costs/liabilities  Employees as value creators/assets
          Short average life expectancy  Long average life expectancy
          Micromanaging                  Delegating responsibilities
          Low levels of trust and transparency  High levels of trust and transparency
          Low levels of teamwork and collaboration  High levels of teamwork and collaboration
          Vertical communication         Horizontal communication
           Short-  term financial performance   Long-  term performance and making a
                                         positive contribution to the society
          Profit from maximizing share prices  Profit from passion and purpose
          Long lifecycles                Short lifecycles
          Loyal customers                Less loyal customers
          Stable prices                  Unstable prices
          Incremental change             Discontinuous change
          Managed results                Sustainable value creation
          Focus on functions and departments  Focus on cells and networks
          Focus on management            Focus on leadership
          Focus on power                 Focus on innovation
          Focus on incentives            Focus on sharing
          Focus on status                Focus on purpose
          Focus on rules                 Focus on principles and shared values
          Structure                      Flow


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