Old economy managers for New economy companies.
By Old and New Economy, I am not dividing the whole genre into good/bad, right/wrong et al.
New Economy is anything that has got to do with click and portal where as Old Economy relates to Brick and Mortar jobs.
An Old Economy (OE) manager would stick to '8 hour schedules' and would demand employees to work for around 8 hours depending on the kind of work, as they are physically tiring too. But, A New Economy (NE) manager, should ideally not have any time bound schedules, rather project bound. Employees under NE manager shouldn't in fact, feel him being at the top. Flat structure is what is needed in a NE company.
But, sad, many Indian companies who work in the NE fields, still have OE managers in disguise as NE managers, which is much more dangerous than an OE manager himself! Managers who question flexible timings (but expect the work to get done somehow!!), managers who endlessly talk in meetings, waste a lot of man hours and end up responsible for increasing attrition in the company! Read somewhere and wise to quote here "Men don't leave jobs, but they leave their managers."
Indian Managers have been found to be a little conservative when it comes to their global counterparts. A case study was carried out by BusinessWorld in which the results were quite believable, yet revealing! Most of the Indian managers still carry the egoistic attitude, and their best hobby would be "watching TV" or "reading a book". They haven't gone far from reading books or watching TV :-). While, their counterparts across the world seem to have adventurous hobbies like snorkelling, water-rafting or even spiritual healing! YO to a global manager!
Though the borders are fast disappearing in this global village, though the jobs are more universal, Managers take long to arrive there, much later than their sub-ordinates, at times.
Yo Manager, perk up and be there before I reach there too!! :-)
New Economy is anything that has got to do with click and portal where as Old Economy relates to Brick and Mortar jobs.
An Old Economy (OE) manager would stick to '8 hour schedules' and would demand employees to work for around 8 hours depending on the kind of work, as they are physically tiring too. But, A New Economy (NE) manager, should ideally not have any time bound schedules, rather project bound. Employees under NE manager shouldn't in fact, feel him being at the top. Flat structure is what is needed in a NE company.
But, sad, many Indian companies who work in the NE fields, still have OE managers in disguise as NE managers, which is much more dangerous than an OE manager himself! Managers who question flexible timings (but expect the work to get done somehow!!), managers who endlessly talk in meetings, waste a lot of man hours and end up responsible for increasing attrition in the company! Read somewhere and wise to quote here "Men don't leave jobs, but they leave their managers."
Indian Managers have been found to be a little conservative when it comes to their global counterparts. A case study was carried out by BusinessWorld in which the results were quite believable, yet revealing! Most of the Indian managers still carry the egoistic attitude, and their best hobby would be "watching TV" or "reading a book". They haven't gone far from reading books or watching TV :-). While, their counterparts across the world seem to have adventurous hobbies like snorkelling, water-rafting or even spiritual healing! YO to a global manager!
Though the borders are fast disappearing in this global village, though the jobs are more universal, Managers take long to arrive there, much later than their sub-ordinates, at times.
Yo Manager, perk up and be there before I reach there too!! :-)
posted by Venkat Ramanan @ 12:54 PM
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