If you haven’t caught up with the extraordinary changes in the business/management world, it’s time you did.
The best pocket-sized description of the changes, which themselves revolve around global change, comes from Geoffrey James in his book Giant Killers; the book deals with the upstart high-tech companies who have changed (that word again) our world.
The Old World words are on the left, the New World ones on the right – followed by a description of The New.
• Business = Ecosystem.
The new ‘business world is made up of symbiotic relationships formed to exploit market niches.’
• Corporation = Community.
‘A company is a collection of individuals with individual hopes and dreams that are connected to their organisation’s higher purpose.’
• Management = Service.
‘A manager’s job is to set a direction and to obtain the resources that employees need to get the job done.’
• Employee = Peer.
‘Every employee is hired – regardless of position – as if he or she were the most important person in the company.’
• Motivation = Vision.
‘People know where they’re going and are amply rewarded when they get there, so the process of working is filled with energy, enthusiasm and humour.’
• Change = Growth.
‘Change is a desirable thing because it’s part of adapting to new market conditions and growing into new levels of success.’
If you’re still stuck on the left-hand side of these propositions, it’s not to late to win the positive advantages of switching to the right-hand. After all, what do you have to lose? Remember, you can’t not change.
If you’re standing still when other people are moving ahead, you are losing ground to those leaders – and that relative decline that can be every bit as painful as an absolute fall. Lagging behind is hardly going to be to your advantage. So don’t let it happen.