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Posts Tagged ‘Management’

 

The Spandan (Heartbeat) perspective

   

  • Innate divinity, intrinsic altruism and basic goodness of human beings are determinants of human existence and growth.
  • Spandan (Heartbeat, vibration, pulsation, echo) is the binding element of the entire universe and its living organisms.
  • A Maternalistic style of Management: The Mother as a symbol of – among others – (a)  Nurturing – caring, sharing and compassionate; (b) Faith in basic goodness of others; and (c) Empathy of the highest order.
  • Spandan approach, with emphasis on a high degree of sensitivity towards others’ needs (like a mother) as the quality of a leader.
  • Spandan Spectrum of Human Values 2013.
  • Spandan 3D Process of Diagnosis, Discovery and Development; Inculcation of Human Values in Organisations for sustained success.
  • Functionally Humane Leadership (FHL).
  • Functionally Humane Organisation (FHO).

 

‘I Am Something’ leader mindset

 

  • Leaders operate in three kinds of mindsets: ‘I Am Everything’; ‘I Am Nothing’; ‘I Am Something’.
  • ‘I Am Something’ believes that I am neither above you, nor below you. I am neither in front of you, nor behind you. I am neither away from you, nor near to you. I am along with you. I am however different and distinct. So are you.
  • Self is the pivot: For any meaningful change to take place, leaders themselves have to take the initiative.
  • The process of transformation involves three steps:  Remaking the Self to adopt the ‘I Am Something’ mindset; Facilitating others remake themselves along similar lines; Initiating a mindset change across an organisation.
  • An empirical study done by the author found that as many as 75.55% of those who participated was operating as per the ‘I Am Something’ mindset.
  • A practical roll out of the ‘I Am Something’ mindset is already underway at a company in India.
  • Globally, several businesses show a tendency to veer around the ‘I Am Something’ mindset. Some of the existing theories of leadership match the concept of this mindset.
  • Teachings of Gautama Buddha and Ramana Maharishi relate to the ‘I Am Something’ mindset.
  • With the onset of such technologies as AI, Robotics, Machine Learning, and the like, the importance of human values and ethics in management is bound to go up in the times to come. ‘I Am Something’ is a mindset concept of which the time has already arrived. Leaders of tomorrow need to hone their skills and attitudes in tandem with the impending changes.

 

 

 

 

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You are a leader in any realm of human endeavour, whether managerial, social, political or cultural. You could be an entrepreneur, an institution builder, a Chief Executive Officer, a policy maker or a related functionary, either in the private sector, or in the public sector. You could be serving as a senior officer in a government department. You could even be heading the operations at a non-governmental organization.

You are perceived to be a successful leader. However, somewhere deep within, you carry within you a sense of creative dissatisfaction; a yearning to discover a practical way to transport yourself, your team and your organization into a happier and contented frame of mind. You are keen on going beyond your own professional and personal interests and in getting involved in humanizing your organization.

If so, this book could prove to be a game changer in more ways than one. It makes you see the world around you in a new light, without the filters of your preconceived notions. By making you aware of the kind of mindsets which affect your decision making, it offers a new lens with which you can view the phenomenon we call leadership.  The book then goes on to capture the results of an empirical study done by the author, thereby demonstrating the practical wisdom of what it proposes. Eventually, it offers you a practical guide as to how to go about implementing the changes you wish to make, so as to become a happier and a contented leader.

This book is not about a new leadership theory which might leave you fuming after discovering that it merely offers the proverbial old wine in a new bottle. It provides a fresh perspective on leadership. The perspective it presents has already been tried and tested in real time. Much along the lines of the famous Hawthorne studies of the 1920s, the approach to leadership is being rolled out in a corporate entity in India even as you go through the book in your hands.

The book also presents divergent perspectives on the subject of leadership from different subject experts, touching upon globalization and a bird’s eye view of different theories of leadership through the recent history of management thought. There is an attempt to understand leadership through the basic tenets of Buddhism. It also endeavours to connect the key teachings of Raman Maharishi to the realm of leadership.

The Soul of the Book and Some Crystal Gazing

The soul of the book, however, lies in its unique approach of SPANDAN, or human vibrations. Around the nucleus of this concept, it builds a mighty edifice of propositions which offer the potential of making you a more effective leader.

In the times to come, just how serious would be the threat to human supremacy from machines? In our age of Artificial Intelligence, Robotics, Machine Learning, Algorithm Analytics and Internet of Things, just how relevant would this new approach to leadership be?

The book proposes that in the impending man–machine conflict, human beings are not likely to suffer the same fate as that of the non-avian dinosaurs which went extinct some sixty-five million years ago. But the writing on the wall is clear. They need to roll up their sleeves and get down to the task of sharpening their soft skills. A humane approach to handling team members needs to be consciously developed.

Transforming Yourself and Others

To sum up, the book, through theoretical propositions and empirical evidence, presents a new way to look at the kind of a leader you could aspire to be, and the potential you have to grow further, making you a happier and contented person, exuding warmth and positivity to those whom you happen to lead.

It provides a fresh perspective which is not likely to lose its relevance in a future replete with technological advancements, environmental challenges and more potent uncertainties which leaders in any field of human endeavour would face in the decades to come.

Chapter-end Tasks on Introspection, Interaction and Initiation (3 Is)

To facilitate your learning process, the author has selected some themes and some quotes from mentors of repute. These are designed to enable you to Introspect at the individual level and also to Interact with others at a small group level. These could also motivate you to Initiate suitable steps at the collective/large group level, so members of your organisation could empower themselves and become more productive and responsible citizens over a period of time.

You will come across these suggestions at the end of some of the chapters. You can develop these themes further and convey the same to key individuals, small groups and large groups, in any form of communication – written, verbal, a group presentation and even a panel discussion. A final report based on collective feedback could assist you in measuring the effectiveness of this approach.

 

 

 

 

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The importance of human values in our lives – whether personal or professional – can never be overestimated. In a book about to hit the market, the author, Professor G P Rao, builds upon his considered belief that managements which choose to ignore this crucial aspect in their decision-making do so at their own risk and peril. Their market valuations take a hit. Their brand image gets dented. They fail to take a long-term view of things. Instead, they end up window dressing the key performance parameters till the time the proverbial bubble bursts. They simply live from one quarter to the next, focusing on immediate deliverables.

In the upcoming book, the author not only proposes a theoretical construct of Leader Mindsets but also takes you through the steps involved in practising the same. Whether by way of an empirical study or by the means of a practical roll-out of the Spandan approach in an organization, results have been gratifying, establishing the value of the ‘I Am Something’ mindset towards the goals of organizations.

As humanity cruises along and takes off on the path of an exponential growth in technology, the need for a Spandan kind of approach would come into a sharper focus. Human values alone have the potential of acting as a rudder, keeping the trajectory of our evolutionary path on the right track. Leaders of tomorrow would find better satisfaction and happiness by adopting the ‘I Am Something’ mindset. So would their team members, were the leader to decide to facilitate their developing along similar lines. A spread across organizations and then across societies would be a logical corollary.

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The relationship between Efforts and Results

One would have often wondered as to the nature of the relationship between efforts and results. A project on which much energy and time has been spent may get shot down by one of the seniors and never come to fruition. Another one, which has received only a fraction of the attention that was paid to the former one might take off and become a roaring success. Other than the effort, the timing plays a role in the success or failure of a project. Market conditions, government regulations, interpersonal relationships, employee engagement and several other factors also play a role.

A sense of detachment, as brought out by Bhagavad Gita, is not about one losing the sight of the objective sought to be achieved. Nor does it recommend a defeatist attitude in one’s life and career. Rather, it is about handling successes and failures in a balanced manner. Smart leaders, who have achieved a spectacular success, do not become complacent. They remain humble. They determine the critical success factors and store these at the back of their minds, ready to be recalled when necessary. When faced with dire failures, they shoulder the blame, get requisite feedback and take steps to ensure the failure gets avoided the next time round. If they lose interest for some time, they bounce back with renewed enthusiasm and work towards delivering results.

If one were to go through the history of the Apollo series of missions launched by the National Aeronautical Space Agency of USA during the 1960s and 1970s, one would be struck by the kind of tenacity and equipoise demonstrated by the participating astronauts. Despite losing several of their colleagues in accidents, they remained committed to the overall goal, delivering some spectacular results for our scientists and technocrats to work upon. The same trend continues till date. Airspace disasters notwithstanding, we keep sending missions to Mars and to Sun. The quest of humanity to explore our universe continues unabated.

Inner Resilience and Equanimity

A related feature is the need for professionals to improve upon their levels of Inner Resilience and practice Equanimity. This is what Bhagavad Gita says in this context.

योगस्थ: कुरु कर्माणि सङ्गं त्यक्त्वा धनञ्जय |
सिद्ध्यसिद्ध्यो: समो भूत्वा समत्वं योग उच्यते || 2.48||

Be steadfast in the performance of your duty, O Arjun, abandoning attachment to success and failure. Such equanimity is called Yoga.

Professionals need to know not only what is to be done, but also how it has to be done. Lord Krishna does not fail them. He recommends an ‘evenness of mind’, the tranquility of inner composure in handling all the pairs of opposites in their careers and lives – success and failure, praise and reprimand, hiring and firing, sprees of expansion and down-sizing, products and services which are at opposite ends of their life cycles, mergers and demergers, favourable and unfavourable circumstances, and the like. This, indeed, is held to be the real ‘Yoga’.

In the process, we need to give up our false expectations, wrong imaginations, daydreams about the fruits of our actions, anxieties for results, resistance to change, and fears about future events which are still in the womb of the universal force called Time.

The traits of a Super Leader

Hers is a balanced personality, free of unreasonable desires which pose the danger of her losing sight of her sense of righteousness. She does not have a binding attachment with her emotions. Nor does she have a jealous preference for her pet ideas or for her pet people. She scoffs at any signs of nepotism. She encourages her team members to be nay-sayers, so voices of dissent could be heard and judiciously dealt with. She radiates positivity all around her. She is committed to the organization’s goals and looks after her team members much like a lioness would protect her cubs.

Such a person of steady wisdom is described in Bhagavad Gita as a Stitha-Prajna. Consider the following:

दु:खेष्वनुद्विग्नमना: सुखेषु विगतस्पृह: |
वीतरागभयक्रोध: स्थितधीर्मुनिरुच्यते || 2.56||

One whose mind remains undisturbed amidst misery, who does not crave for pleasure, and who is free from attachment, fear, and anger, is called a sage of steady wisdom.

Two concerns may arise here. One, could there really be persons who could be held to have all these qualities? Two, is it really possible for one to be free of one’s basket of desires and one’s ego?

In his book ‘Beyond the Last Blue Mountain‘, R M Lala quotes the case of Jamsetji Tata, the founder of the Tata group of companies. It was he who gave the group a unique position in India. In his later years, he did not ask ‘What enterprise is the most profitable?’ but, ‘What does the nation need?’ Since the answer in his times was steel, hydro-electric power or an institute of science, he made his best efforts to fulfil that need.

He is reported to have once said something very basic:

We do not claim to be more unselfish, more generous or more philanthropic than other people. But we think we started on sound and straightforward business principles, considering the interests of the shareholders our own, and the health and welfare of the employees the sure foundation of our prosperity.’

Alfred Sloan is reported to have once remarked, ‘What is good for General Motors is good for America.’ J R D Tata always thought the other way round. ‘What is good for India is good for Tatas.’

Theirs is only one example of a business house which is clear in its goals and in its priorities. Several others could be quoted in the current context, like N R Narayana Murthy, the founder of Infosys.

Getting rid of desires and ego is no cakewalk. A CEO may introspect and fine tune her desires so the same are aligned with the values of the organization she works for. In the process, her personal desires take a back seat. Likewise, getting rid of one’s ego completely has a flip side. One could end up becoming a doormat and getting taken advantage of by all and sundry. Her wisdom and intuition can help her to retain her individuality even while letting go of the ego. Ask any CEO who has ever worked in a single-owner driven company, and she would attest to the basic principle of leaving the ego at the office gate itself!

Professionals who remain undistracted by transient entrapments have the ability to be rational and calm. They are steadfast in reaching their goals and go on to make successful business leaders.

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On a lighter note, one needs to be wary of managements which exhort one to follow this much misunderstood principle of detachment expounded in the Bhagavad Gita. They would have one believe that one should continue to slog all year long but would do well not to expect that elusive overdue promotion. One can then either lump it and trudge along, or take prompt action through proper channels to get oneself detached from the company at the earliest possible opportunity!

An inspired self-forgetfulness

What is the secret behind mighty achievements? What is the state of mind in which an artist like Vincent van Gogh would have created his unique gifts to humanity? Could he have done so while being worried if his latest masterpiece would turn out to be better than the one he had made earlier? Could Michelangelo have sculpted Pieta with the sole purpose of receiving a reward or recognition for creating the same?

Was Newton worried about either his past or his future when the apple fell? Had that been so, is there not a chance that he might have missed out on discovering the forces of gravity? What are the conditions under which a product developer based in Silicon Valley comes up with her next bright idea? Which is the state of mind which is conducive to creative work?

Scratch beneath the surface of any work of inspiration and one is apt to discover the ultimate secret of great accomplishments. Living every moment of the present is one of the factors which help one to live an inspired life and also enjoy it to the hilt. The creative process is akin to meditation of sorts, where the creative person, the universe and the surroundings – all end up in a single harmonious state.

This is precisely what Bhagavad Gita means by detachment. It exhorts a CEO not to worry over and get herself preoccupied with the anxieties for the rewards of her actions, thereby avoiding a tendency to live in the future. Nor does it make sense for her to keep analyzing as to what transpired in the past and get overly worked up about it. The advice here is not to waste the present moment in inane memories and in concerns about the future. Rather, she can do her very best in the present moment, keep relevant stakeholders in the loop, and perform her duties, as dictated by a sense of virtuous righteousness. This way, she is released from all of her mental preoccupations. Work alone makes her live in the joy and ecstasy of inspired self-forgetfulness. The work itself becomes the reward.

कर्मण्येवाधिकारस्ते मा फलेषु कदाचन |
मा कर्मफलहेतुर्भूर्मा ते सङ्गोऽस्त्वकर्मणि || 2.47 ||

karmay-evādhikāras te mā phalehu kadāchana
mā karma-phala-hetur bhūr mā te sa
go ’stvakarmai

You have a right to perform your prescribed duties, but you are not entitled to the fruits of your actions. Never consider yourself to be the cause of the results of your activities, nor be attached to inaction.

Management by loftier objectives and Resistance to Change

Is it really possible for one to be detached with the fruits of one’s actions? In a business scenario, when a manager is part of an organization, she is expected to deliver results. Efforts put in by her do not count; results alone do. If so, one might well wonder as to how one can remain detached with the outcome. Would it not be going against the philosophy of Management by Objectives?

What one is being advised here is not to take actions which are at divergence with what is sought to be achieved. The objectives are not under question; the means are. The underlying assumptions, prejudices and attitudes are. Management is the art of the possible. Of doing one’s best under the given constraints. A manager who works to the best of her ability, irrespective of how favourable or unfavourable the situation is, happens to be practising detachment. She is not one who would get swayed by petty short-term considerations. She is not someone who would allow her personal prejudices to shape her actions. Nor would she wallow in self-pity and misery, when faced with an adverse outcome. In other words, detachment helps professionals to not to lose sight of the overall good of the organization.

When an organization takes a decision to down-size, the onus of working out a detailed plan for affected employees falls onto the CEO and her team, especially on the person heading the Human Resources function. Typically, employees who are projected to be competent in the changed business scenario would get transferred to diverse locations. Those whose services in the past have been satisfactory but would not be relevant in future get assisted and out-placed. For the remaining employees, a transparent severance package gets worked upon and executed. In the entire process, a sense of detachment, devoid of personal emotions and prejudices, is essential. By handling separations well, the organization improves upon its brand equity and ends up creating brand ambassadors for itself.

Likewise, when a Chief Marketing Officer decides to either launch a new brand, or change a link in the company’s distribution network, a sense of balance and detachment helps. A Chief Finance Officer, when recommending a change in the external audit firm, has to leave her comfort zone, use a sense of detachment, and initiate a change which would bring better results for the company. A Production Manager, when asked to absorb a new technology or equipment on the shop floor, has to forsake a sense of attachment to the earlier methods of working and embrace change.

Consider the case of a team leader who is yet to learn the art of delegation. She retains a tendency to nano-manage operations and is not able to get work done based on a sense of detachment. The team members find it rather difficult to deliver exemplary results under such a leader, thereby harming the organization in the long run. The art of true delegation is also based on a deeper sense of detachment.

It follows that a sense of detachment helps professionals in many ways – to remain objective, to retain a sense of balance, to embrace change with lesser resistance, to handle adverse situations better, and to remain committed to the overall good of the organization.

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ashokbhatia

Smart managers are always keen to ‘sharpen their saw’. They always remain alert to new ideas from all sides. Movies are no exception. These provide valuable inputs to managers at all levels – from green-behind-the-ear beginners to CEOs and owners.

Here is an update on the key take away lessons from some of the movies I am aware of: some from Kollywood, some from Hollywood and many others from Bollywood.

ENTERING THE CORPORATE JUNGLE

  • Setting Realistic Goals (Manal Kayiru: A Rope/Thread of Sand)movieposter-_manal_kaiyru_2

Be Realistic, whether looking for a life partner or a job! The hero sets impossible conditions to be met while seeking a life partner. As a result, he gets conned into marrying a girl who is exactly the opposite.

In the arena of management, we work with customers, suppliers, employees, service providers and other stakeholders. It helps us to be realistic about what we want from…

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(The following is an abridged and modified excerpt from an upcoming book on Leader Mindsets, authored by Prof G P Rao, founder of SPANDAN, and others.)

Advances in technology inevitably lead to more efficiencies, better products and improved lifestyles for people. But each leap of faith into the domain of a newer technology brings with it a set of newer challenges for mankind. As machines increasingly take over the drudgery of repetitive tasks and become more intelligent, human beings invariably need to re-skill themselves. This applies to business leaders as well as their followers.

The Fourth Industrial Revolution in the offing now builds on the Digital Revolution, representing new ways in which technology becomes embedded within societies and even the human body.

Skill-sets of the future

As per a World Economic Forum document titled ‘Future of Jobs Report’, employers are said to anticipate a significant shift in the division of labour between humans, machines and algorithms for the tasks of today.

The aforesaid report states that of the total task hours across the industries covered, on an average, 71% are currently performed by humans, whereas 29% are performed by machines or algorithms. By 2022, this average is expected to have shifted to 58% task hours performed by humans, and 42% by machines or algorithms. It can be readily appreciated that this signifies a very rapid pace of change, something for which leaders need to be better prepared.

The report goes on to project that skills related to analytical thinking, active learning, technology design and technology competency would grow in prominence. It also proposes that such ‘human’ skills as creativity, originality and initiative, critical thinking, persuasion and negotiation will either retain or increase their value, as will attention to detail, resilience, flexibility and complex problem-solving.

It follows that in the impending man-machine conflict, human beings are not likely to suffer the same fate as that of the non-avian dinosaurs which went extinct some sixty-five million years ago. But the writing on the wall is clear. They need to roll up their sleeves and get down to the task of sharpening their soft skills. A humane approach to handling team members needs to be consciously developed, especially when operating in a business environment characterized by a shortage of skilled workers. In turn, this would pre-suppose a higher Emotional Quotient and better service orientation. Even as the reliance on artificial intelligence grows for the analytical part of decision making, the role of intuition would become even more crucial.

A focus on the bottom line

Most employers would go in for innovating through technology if it makes business sense. It follows that technology would continue to remain a tool in the arsenal of the corporate world to squeeze more profits out of their operations, thereby making careers more fragile and impacting labour incomes adversely. With 24×7 connectivity, people are already working longer and enjoying lesser leisure time.

In a scenario of this kind, there is a grave risk that leaders would end up losing a connection with themselves even more than at present and hence end up de-humanizing the work place.

However, values remain indestructible. As an example, honesty and truthfulness in relationships is something which is bound to withstand the onslaught of newer technologies in the centuries to come. Same is the case with empathy, compassion, resilience and a flexible approach in problem solving.

Perhaps there is a need for governments the world over to anticipate newer moral and ethical dilemmas in a proactive manner and influence technological developments suitably, so human dignity and freedom is not compromised.

The perks and the perils

One may also surmise as to how the imminent advances in technology could throw up positive as well as negative factors which are likely to impact the man-machine equation in the times to come.

According to a 2014 report entitled ‘AI, Robotics, and the Future of Jobs’, published by Pew Research Centre, researchers Aaron Smith and Janna Anderson went to the extent of seeking feedback from as many as 1,896 experts. They found that when it came to the impact of advances in technology upon economic opportunity and employment, the opinion was deeply divided.

The optimists opined that technology would free us from day-to-day drudgery and end up redefining our relationship with ‘work’ in a more positive and socially beneficial manner. They felt that we shall adapt to these changes by inventing entirely new types of work and control our own destiny through the choices we make.

The pessimists amongst those who participated in the aforesaid study were of the opinion that the coming wave of innovation would mostly impact those involved in white-collar work. Whereas highly skilled workers will do better, many more might get pushed into lower paying jobs, and might even face permanent unemployment. They also felt that our educational, political and economic institutions are poorly equipped to handle the challenges which are likely to come up.

The aforesaid piece of research throws up instructive insights into how the future might shape up. Leaders and managers really need to think up some innovative ways in which they would handle a highly polarized workforce, comprising a disgruntled lot at one end and a highly skilled one at the other.

The challenge of creating happier workplaces

Unlike the earlier industrial revolutions, which first created and then changed the skill sets required by our blue collar workforce, the Fourth one promises to change the work profile of our white collar workers.

In his book, The Fourth Industrial Revolution, Professor Klaus Schwab, founder and executive chairman of the World Economic Forum, describes how this fourth revolution is fundamentally different from the previous three, which were characterized mainly by advances in technology. According to him, these technologies have great potential to continue to connect billions of more people to the web, drastically improve the efficiency of business and organizations and help regenerate the natural environment through better asset management.

As we grapple to understand the future direction of monumental changes in our socio-economic fabric owing to the next phase of technological evolution, few things stand clear.

One, that our educational institutions are nowhere near the task of training a workforce which would not learn analytical skills by rote but would grasp the importance of creativity, resilience and improve upon their Emotional Quotient.

Two, most of our governments are yet to devise ways and means of regulating issues of protecting individual privacy, executive burnouts arising out of a 24×7 connectivity and heightened civic strife due to growing inequalities. The next phase is bound to create a newer class of elite – those who are adept at newer technologies, leaving far behind those who are not.

Those in the first category could end up believing that they are all too powerful. Those who remain blissfully ignorant and continue to be disconnected to those who are reaping the benefits of newer technologies are likely to gravitate towards a belief that they have no place in the knowledge universe. With poor resources of material as well legal kind at their command, these new ‘have-nots’ of the society may be doomed to languish for a long time, till the governments of the day intervene, willfully or otherwise, and ensure implementation of economic policies which are more inclusive in nature.

The third kind, comprising those left in the middle of the normal distribution curve of technology dispersal, could end up having a balanced approach to issues. In fact, with advances in technology, this kind could well face a higher risk of extinction, paving the way for those who believe themselves to be all too powerful to rule the roost.

The same pattern may become apparent in the realm of management as well. Leaders and executives would need to increase their engagement not only with the society at large, but also with the governments of the day. A massive effort at re-skilling personnel would become a necessity.

A matter of trust and privacy

Infosys co-founder N R Narayana Murthy happens to be of the view that technology is a great leveller. He thinks that technology has improved transparency, conquered distance and class barriers. Also, that it has the potential to create a fair society and enhance the accountability of the rich, the powerful and the elite to the poor and disenfranchised in all societies.

One cannot dispute this. However, concerns regarding an increasing trust deficit remain. Denizens of many countries are feeling increasingly jittery over instances of data privacy. Moral policing, electoral pitching, rumour mongering – all these are fuelling this trust deficit.

One case in point is that of Facebook which is already armed with tools to dig deep into our lives, with the singular aim of moulding our thoughts and opinions about diverse aspects of our lives.

Employees in most organizations already resent living in a virtual fish bowl, where all their communications are suspected to be getting monitored. No one likes to be micro-managed, especially those who are capable and self-confident. Business enterprises have already started deploying tools to monitor employee productivity by collecting and analyzing their activity and inactivity levels.

In the long run, a work environment of this nature would end up impacting productivity, commitment and motivation levels adversely.

The ever-increasing rate of change

One thing is certain. Change is not only a constant. With each passing year, the rate of change is also increasing. Much like Alice in Wonderland, Homo sapiens are discovering that they need to keep running faster and faster, with nary a respite in sight. Mankind is bound to evolve further much earlier than what was believed in the past. Alvin Toffler would perhaps heartily approve of this proposition.

Unlike thought so far, the man machine relationship shall become more integrated with each other in the near future. As a result, the combined force of processing of billions of data points for efficient decision making by machines, and contextual, emotional and intuitive aspects of decision making by human beings, would be, to that extent, higher and greater in their respective impacts – for good or bad.

What can be done to meet the challenge

– Employees, whether present or potential, can go beyond the formal education system and aggressivle look for avenues to hone their skills, so as to remain employable. As Stephen R Covey has said, we need to keep our saws sharpened.

– Same applies to our business leaders, who would do well to improve upon their Emotional Quotient.

– The agenda for educationists and politicians is clear: To keep taking steps to facilitate the change already upon us; to anticipate the challenges of privacy and rumour mongering and to intervene to have appropriate safeguards embedded in upcoming technologies.

(References:
https://www.weforum.org/reports/the-future-of-jobs-report-2018
“Future of Jobs.” Pew Research Center, Washington, D.C. (December 11, 2014);
http://www.pewinternet.org/2014/08/06/future-of-jobs)

(Illustrations courtesy www)

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