Business and Money Tips

Just because managers are successful now does not mean they will be doing well in the future. Based on  training  over several hundreds of companies in 12 countries since 1996, the following 5 are the  Must-Have Qualities that all Modern Managers  are Expected to have:  1. Follow From the Front This is about removing roadblocks from the paths of employees to help them to succeed.  It is beyond managing people to empowering and engaging people .  It is about jumping with the people. 2. Make Use of Technology like chatrooms, Facebook and Linked-in The modern manager will know what is happening faster from internet than reading newspapers, because the internet is instant while the print media is about yesterday. 3. Lead by Example Do not just give out instructions, but be the first to follow your own instructions.  Go to the scene to get the real feel and lead from the front. 4. Embrace Vulnerability Instead of pl...

In any organization, there are 2 kinds of middle managers: The first type are those who get the work done but never think beyond what need to be completed in the medium term. Though they may work hard and have good intentions, they fail to see the big picture, and thus add little value to the functions they manage. In short, they are 'good managers'.  E.g the Finance Manager at JPMorgan Chase Bank who got the monthly accounts out on time but never warn the management about the risk in investing in so called 'secure' mortgage securities. The second type are those  High Value Middle Managers who see the big picture.  They know how to manage operational practices and execute tactical goals to support strategic initiatives. They add value to their organization and thus elevate their position from that of a middle man to a key player.  You know it when you come across one (or when you yourself are one). High Value Middle Managers operate at peak effici...