The present management practices face contemporary issues that are intricate and different. New management themes that come along with a highly dynamic business environment call for the immediate implementation in order to achieve high productivity. In addition, the present day managers do not realize the best practices capable of achieving high performance within their organizations in the current contemporary business environment. Managers still must meet the organization goals and objectives despite the challenges. The following paper provides ten major recommendations that managers can implement to achieve consistently above-average joint performance.
Recommendation #1: Demonstrating effective leadership styles
A manager should demonstrate transformational objectives and an inspirational style because they play a role in improving the management of an organization and achieving an above-average performance. Transformational leadership style helps managers in making inspiring decisions of the organization and overcome major challenges experienced in the workplace. An example of a leader who demonstrated transformational leadership style was the Former South Africa’s President Nelson Mandela. Mandela managed to raise citizen’s insight and make South Africa a better performing nation. In addition, managers should implement an effective institutional framework that incorporates company values and norms. James Madison implemented a solution for the U.S. constitution aimed at overcoming divisions among people. A manager who demonstrates effective leadership styles ends up inspiring followers to implement organizational goals and promote joint performance (U4#1).
Recommendation #2: Rewarding performing employees
Employee’s reward systems act as the best form of encouraging productivity in workplaces. Managers should learn how to implement reward systems that cater for the welfare of employees such work allowances, promotion, or salary increment. In addition, companies should learn how to offer incentives to employees promoted perfect employee-employer relationship and encourages employees to work harder for extra rewards. For example, rewarding teachers makes them improve their teaching skills that contribute to more success among students (U5#2).
Recommendation #3: Encouraging innovation
As the world struggles to keep up with the high rate of technological advancement and innovations, managers should also encourage innovations in their organizations in order to keep the pace of the dynamic business environment. Innovations related to management help in effectively controlling firm operations, and ensure more productivity and joint performance. The world spends a lot of money and resources in research-based projects that promote growth and development of all business sectors. Innovative managers always secure better places in the business world and ends up winning the global competitive advantages. People and organizations that have managed to make a breakthrough in their activity have innovated great ideas. The Illinois-based firm forms an example of a company that has made a breakthrough in the industrial world. The firm developed a chemicals treatment that turns carbon-rich waste gases into valuable fuels and chemicals (U4#2).
Recommendation #4: Satisfying employees in the workplace
Creating a favorable working environment for employees increases their productivity that ends up promoting development and performance in the workplace. Employees are the cornerstone that sustains the growth and development of the organization. Moreover, with the presence of many organizations offering employment opportunities to fresh graduates and skilled workforce, failure of satisfying employees makes them search for greener fields in the corporate world. As an example, organizations that rank among the fortune 50 companies in the world like Google and Southwest Airlines continue to achieve over-average performance because of adapting positive practices that ensure employees are always happy. Some of the positive practices include better compensation, better working environment, and employees reward systems (U5#3).
Recommendation #5: Attending management lessons to that educate managers on proper management practices
The diverse global economy requires leaders who implement exceptional strategies that promote team building and joint performance. Management specialists have introduced management programs that prepare managers for contemporary management issues. Managers should have broader views that are above their individual needs, and offer themselves to the organization. Management lessons help managers build perfect interpersonal relations with other employees through practicing humility, humbleness, wisdom, and courage. Examples of managers who show excellent leadership from regular lessons offered are leaders in the military. The military model of servant leadership teaches managers how to become servants of the organizations, and not masters. The main qualities taught in such lessons are mission and character (U4#11).
Recommendation #6: Error management
Managers should recognize the importance of handling their mistakes in a more effective manner. Management errors are dangerous and lead to unwanted situations such as high costs of production, low productivity and lack of trust between the workforces. Errors also contribute to many employment lay-offs experienced in most firms because it is believed that a person who makes errors is incompetent in handling a managerial position. Error management programs help managers prevent major errors. Making an error is not a major problem, but repeating the same error interferes with the running of the organization. Best managers correctively identify mistakes in their performances and devise mechanisms to prevent further errors. Examples of industries that prone to high risks include the Airline industry. Managers in such industries always think about questions, and not answer to their mistakes. Running error free organizations contributes to achieving consistency and above-normal joint performance (U4#16).
Recommendation #7: Eliminate biases in the workplace
Organizations operated on the basis of biases do not achieve their goals. Managers should position themselves from activities that encourage biases in the workplace. Some organizations discriminate people depending on their ethnicity, race, color, social and cultural backgrounds. Organizations today realize the importance of accommodating people from different cultures and because of the diverse nature of the contemporary business environment. Institutions offer various management tactics that allow managers to select their workforce without any form of bias. In addition, managers should prevent employees from specific communities from mistreating the minor communities and instead work together to achieve a joint performance (U5#7).
Recommendation #8: Using power effectively
Managers have powers to plan, organize, lead, and control activities of the organization. A manager should use the power given in the best way as directed and not for personal gains. The management today is associated with misuse of power. For example, JPMorgan Company recorded huge profits in the recent years. Jamie Dimon always reminds company shareholders that his position as the chief executive officer and the chairman does not give him powers to misuse company resources. Firms prefer leaders who use their powers to promote collaboration and teamwork instead of quarreling workers. Leaders’ attitude towards their positions influences their use of power. As a company executive, it is always advisable to the correct form of persuasion and not a display of violence (U5#1).
Recommendation #9: Avoiding conflicts
The failure to address conflicts in an organization forms one of the causes many contemporary issues in management. Conflicts in organizations are caused by many factors, and an effective manager should always have solutions to all types of conflicts. Some leaders fail to address the issue of conflicts because they fear engaging employees in a battle with each other and affect the productivity of the firm. Implementing of effective conflict resolution plans helps an organization achieve above-average productivity and encourages cooperation between employees. For example, an IT manager encourages a conflict free working environment. The manager uses people to solve their problems by encouraging them to present him with solutions and not questions (U4#26).
Recommendation #10: Stepping up the ladder of corporate life
The corporate world only favors leaders with unique leadership skills capable of moving their companies to the next level. The stiff competition experienced in the current corporate world requires people with self-advancement characters. Stepping up the ladder of corporate life involves researching more on ideas that can promote productivity at individual and corporate level. Managers must start by evaluating their performances before evaluating the performances of other employees. Politicians form the best example for explaining this recommendation. Politicians always compete against their colleagues in the same career. They develop new and advanced political ideas in order to gather more followers. Managers too should develop new management ideas that promote the advancement in their careers (U5#13).
