Advanced Management Competencies: On performance, cross-functional strategies and change - A practical guide
by Sorin Dumitrascu
Organizations no longer just compete with local rivals. Better and faster communications and transportation mean that distant concerns can easily become local rivals. Also, new competitors are coming onstream all the time. In order to compete in this fast changing environment, your organization needs to become high performing.
Have you ever found that people from different functional units in an organization seem to misunderstand each other? It can be challenging to align functional units, but cross-functional collaboration has never been more important than in contemporary business operations. It's vital that organizations adopt a cross-functional strategy if they are to prosper.
All organizations are confronted by change, regardless of how big they are, how established they are, or what industry they're in. The business environment is forever changing, so organizations must be aware of this and be able to adapt when necessary. Those that adapt well to change will thrive. Those that don't will struggle.
Your company probably employs a number of high performers. These are the people whose drive, energy, and creativity increase productivity and add value to your organization. As a manager, your high performers are your greatest asset. So you should make every effort to develop their potential and retain them in your organization.
Have you ever found that people from different functional units in an organization seem to misunderstand each other? It can be challenging to align functional units, but cross-functional collaboration has never been more important than in contemporary business operations. It's vital that organizations adopt a cross-functional strategy if they are to prosper.
All organizations are confronted by change, regardless of how big they are, how established they are, or what industry they're in. The business environment is forever changing, so organizations must be aware of this and be able to adapt when necessary. Those that adapt well to change will thrive. Those that don't will struggle.
Your company probably employs a number of high performers. These are the people whose drive, energy, and creativity increase productivity and add value to your organization. As a manager, your high performers are your greatest asset. So you should make every effort to develop their potential and retain them in your organization.