How New-Age Managers Can Thrive in Today's Fast-Changing Business World

anil kaushik
Dear Friends,

See the invisible

With time changes, everyone undergoes a sort of transformation process. It is the law of nature. People who do not change and adapt according to time are left behind. The same applies to managers, especially the new-age managers. While the basic traits of managers remain constant regardless of time boundaries, each generation brings new thoughts and mindsets to the workplace. Businesses evolve over time, requiring new-age managers to understand and collaborate effectively. The key lies in compatibility, and the pandemic has accelerated this need for adaptation. Older managers may struggle to fit into today's fast-evolving business ecosystems.

The importance of being people-centric

The new-age manager must prioritize being people-centric. Organizations that once solely focused on developing managers' technical skills are now shifting towards nurturing human capital with empathy and concern post-pandemic.

Challenges in the digital revolution

The rapid digital revolution has given managers limited time to grasp and adapt to the changes in society and business organizations. Transparency and information democratization are paramount in today's landscape, posing challenges that new-age managers must navigate with innovation.

Essential skills for new-age managers

Effective new-age managers must cultivate the ability to perceive the unseen and overcome obstacles. They must discern between "why" and "why not," besides acquiring traditional managerial skills. Developing powers of influence, emotional intelligence, and communicating with simplicity and courage, especially during challenging times, are essential.

Balancing technical skills and mindset

In this era dominated by technology and automation, the emphasis on technical skills overshadows the importance of mindset. A profound understanding of valuing people as assets, uncovering hidden potentials, and motivating individuals to excel are critical. A strong sense of purpose aligning with the business goals is crucial for the new-age manager. Continuous learning in all situations grants a competitive edge.

This edition's cover story delves into the attributes and competencies new-age managers need in modern organizations. Management veterans and industry experts share their insights based on years of experience.

If you enjoy it, let us know. If not, we welcome your feedback.

Happy Reading!

Anil Kaushik, Business Manager - HR Magazine
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www.businessmanager.in
**Location**: Delhi, India
business manager hr magazine, Country-India, City-India-Delhi, managerial skills, emotional intelligence, hr magazine, technical skill
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