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A good manager doesn’t tolerate problems –not even small ones. Small
problems that are ignored tend to lead to serious consequences: injuries to
people, ruined equipment, missed shipments, poor employee morale.
Time banking is to your job what a savings account is to your financial well-
being. Time banking means investing time today to save time tomorrow. There
are three objectives in time banking:
1. Reducing the time consumed by routine tasks.
2. Eliminating recurring problems.
3. Freeing your time for more productive, creative responsibilities.
Time is an asset, like money or manufacturing facilities, but its value depreciates
more rapidly to zero. Time wasted is time lost forever.
The two things a manager must do are to develop people and ensure that the
correct strategy is set. If you don’t have time to do both, concentrate on
developing people. If you do that well, they will handle the strategy with only a
little help from you.
There is nothing more costly and demoralizing for a person, or group of people,
to do an exemplary job on the wrong task for the wrong reason. This is why
developing the correct strategy and making sure that everyone understands it is
critical.
Three criteria are involved in setting strategy:
1. How to maximize the reward and minimize the risk! Most managers like to
stress rewards, but equally important are two other aspects of strategy –
what are the risks, and what are the alternatives! Nothing specific happens
without risk. Just be certain that you weigh the risk/ reward ratio, and those
of the alternatives.
2. How to balance short- term goals against long- term ones! If a manager
does not take care of the present, there won’t be any future. Conversely, a
strategy dedicated to maximizing the present will eventually doom the
company to mediocrity.
3. How to make events happen rather than simply taking advantage of or
coping with, situations that occur. Few good opportunities just come along.
You have to make something good happen.
Get all the help possible. Give as much credit as possible to others, so they will
be eager to assist. Nothing creates momentum in others as much as feeling they
are contributing to a successful project.
Developing people means improving their skills, teaching them new ones,
helping them to eliminate weaknesses, increasing their responsibilities, and
moving them to new assignments to broaden their experience. It also involves
delegating appropriate decision making authority to them. This includes the right
to make some mistakes, so as to learn from them.
Discipline involves setting standards for performance and insisting that these be
met. Discipline represents that a good manager expects, demands, plans for,
inspects for, follows- up for, and enforces high standards.
To achieve high standards (i.e. good discipline), attention should be paid to the
following fundamentals:
1. You generally won’t get much more than you demand.
2. You can expect to get what you want only if you inform people what your
standards are, and teach them how to achieve them.
3. You can expect to get what you want only if you inspect what you are
getting.
4. You can inspect results if you establish measurement criteria.
5. You must enforce standards.
6. Be consistent, persistent, demanding and fair.
7. Establish rules to define standards, but never let rules substitute for
judgments of motives and circumstances.
8. Don’t tolerate continuing violations of standards.
How you present your project to a manager is critical to how it will be perceived
and whether it will be accepted. The key to making a good presentation to a
manager is to think like a manager. The presentation should provide an answer
to following management queries:
1. What do you want to accomplish!
2. Does this fit our strategy!
3. What are the rewards and the risks!
4. What are the alternatives!
5. How are you going to accomplish your goal!
6. Who will make it happen!
7. How critical is timing!
8. What do you need from management!
Having authority is an awesome responsibility. It must be used judiciously and
appropriately. You will have to prove many things early in your management
career:
That you care about people, that you will listen to them, that you can make tough
decisions, that you can admit and learn from mistakes, that you can stand up to
pressure, and that you will take responsibility for your actions and decisions.
The best way to secure honesty from your people is to be honest yourself. Make
your group a “no boss” communication centre where bad news is treated no
differently than good news. Foster discussion, debate, criticism, and participation
in decision- making.
Also important is to retain your sense of humor. The key to a real sense of
humor is maintaining the proper perspective in a situation. It’s the ability to laugh
at yourself, or to shift from intense objectivity to human sensitivity. Real humor
can defuse tension; even turn a bad situation into a positive event.
Becoming a boss means having to delegate decision making. Of course this also
means delegating authority. The only thing you can’t delegate is accountability.
Many managers fail because they either refuse to delegate and are overwhelmed
by the job, or they delegate but fail to follow- up to see that the jobs are being
performed properly.
You must develop your people so they can handle responsibility. Make sure your
strategy is right and everyone understands it; then expect, demand, plan for,
inspect, follow- up, and enforce high performance standards. And always use
authority judiciously.
A good manager continuously assesses his business strategy. What’s the best
thing that could happen! How can I make it happen! What’s the worst thing that
could happen! How can I prevent it, or minimize the damage! What am I not
doing that needs to be done! How do I continuously measure the risk, the reward,
and the probability of each!
A good manager also recognizes that selecting the right people for the project is
often as important as assessing the risk and reward. So he assigns his best
people to the projects that offer the highest payoff and present the biggest risk.
He does this to shift the odds in his favour.
The good manager doesn’t concentrate on the mistake but on correcting the
problem that caused the mistake, whether this be poor training, poor execution,
poor choice of objectives, poor management, poor performance by individuals, or
whatever. You must accept that past cannot be changed and you have to learn
from mistakes.
Dealing with change is one of the most challenging tasks that the good manager
faces. Change does not demand attention, because it is like termites gnawing
away at foundations. It can often be ignored for a long time, but when its impact
finally emerges, the damage can be so extensive that the cure can be painful,
and sometimes not even possible.
Although many things change, basic management principles don’t. It will continue
to be true that a manager’s first priorities must be the development of people and
setting correct strategy. Good managers will also continue to generate
momentum, be intolerant of problems, and expect, demand, plan for, inspect,
follow- up and enforce high standards. However, a good manager must be
sensitive to the fact that the techniques for carrying out these principles will
continually change.
The good manager challenges the strategy and decisions of top management
when his perspective says these decisions are not going to accomplish the
desired goals.
The place to start ensuring the integrity in your people is with yourself. No
matter what your position may be, personal integrity is essential. Deal honestly
with those above, below and around you. When you make a mistake, own up to
it. Give credit to others when they deserve it. Act honestly in handling you
company’s money, assets and technology.
Integrity also means taking responsibility for tough decisions. A good manager
does not pass on the buck on a difficult or unpopular decision when it is right. If it
is wrong, upper management should be told so. Also a part of creating moral
credibility is representing your people’s needs honestly to upper management,
even when what you have to say won’t be received well. Integrity demands
relentless truth.
A manager who decides upon a result and adjusts the data to fit it, who
knowingly covers up serious problems in a project, who says the answer is
known when it isn’t, who deliberately blocks management in assessing the
performance of his group, who distorts the truth to enhance his reputation, and
who intimidates his people so that they will not speak up, is a “dishonest”
manager. Because a manager who is dishonest breeds dishonesty, such a
manager can’t be tolerated.
Everyone has a list of corporations they admire for what they have contributed to
society. Mine includes IBM, whose management chose not to lay off people
during the depression, turning them into salespersons instead. IBM’s
management had tremendous faith in, and put great responsibility in the hands
of, its people, and emerged as one of the greatest corporations in the world,
employing thousands of people in challenging high- paying jobs.
Corporations are made up of people, so they reflect the ethics of their people.
We, the managers, determine the ethics, the profits, and the contribution to
society of these corporations. Individual managers do have an impact on
corporate ethics.
A corporation can lose more than it can gain by unethical practices. Management
that resort to payoffs to gain business will discover that its employees are raking
in company money under the table for themselves. If it encourages to be
dishonest in dealings with subordinates, customers and competitors, it can count
on its managers also being dishonest with the company. If it allows employees to
steal information from competitors, it can expect to have employees sell its
secrets to others.