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More Than a Minute – How to Be an Effective Leader & Manager in Today’s Changing World – Overview

The One Minute Manager, the best-selling management book of all time, was written over 25 years ago. Stop for a moment and reflect on the changes that have taken place in the world over the past 25 years. It’s a bit mind-boggling when you consider the depth and complexity of the transformation of our daily lives. The world has changed and the world of work has certainly changed with it.

There are six categories we can take a look at that pretty much tell the story

Communication

You can instantly connect anytime, anywhere with almost anyone through your cell phone, Skype, Internet, PDA or even through your Twitter or blog. Blogs and sites like Facebook, which now has over 100 million users, allow you to stay in touch with friends, family AND customers. Most of the time in 2008, 230,000%2 billion new users registered on MySpace. If it were a country, it would be the 11th largest in the world. The number of text messages sent each day exceeds the total population of the earth. YouTube isn’t just for crazy teenage antics, it’s a business tool with thousands of product and how-to videos. And you can be whoever you want in virtual worlds like SecondLife.com where IBM hosts internal meetings and Harvard now offers credit courses.

Information

You’re just a click or two away from getting almost any question answered. Your morning newspaper is now an RSS feed that goes directly to your PDA so that you receive the news you need at any time and are even alerted to important information for you (like sports results!). Over 2.7 billion searches were performed on Google in January 2008.

Wikipedia has become the largest reference website in the world, attracting nearly 700 million users in 2008. It is written collaboratively by volunteers around the world. Today, over 75,000 active contributors work on over 10,000,000 articles in over 250 languages. As of October 1, there were 2,581,268 articles in English.

Blogging has become a way of life for thousands of people. As of December 2007, blog search engine Technorati was tracking over 112 million blogs. There are more people with blogs today (31 million) than 10 years ago.

LinkedIn now has over 24 million users who connect you to almost anyone you want to contact and help you find out who works where does what.

Speed ​​and size

Faster and smaller is a new way of life today too. Just when we think it can’t go any faster, it does. The snapshot sometimes seems too long, and mobile phone designers and manufacturers are now faced with the dilemma that they have become too small. (How many of you have trouble pressing the right buttons on your cellphone?).

It took 410 years to invent a photocopier using the movable type method. And only 20 to design the modern computer from the first central computer.

Distance has been eliminated as a limit. Teams can work 24/7 around the world. You are in Paris… You decide to use your credit card. Getting approved for credit involves a 46,000 mile trip over phones and computers…and in two seconds it’s all done. If there is a small problem in the system, the ten second delay seems like an eternity!

Technology

The ENIAC, commonly considered the first modern computer, was built in 1944. It took up more room than an 18-wheel tractor-trailer, weighed more than 17 mid-size cars, and consumed 140,000 watts of electricity. Computers are more affordable and more portable than ever before. Computer power is 8,000 times less expensive today than 30 years ago. If we had similar advancements in automotive technology, today you could buy a luxury car for around $2. It would move at the speed of sound and travel about 600 miles on a gas die.

The average consumer wears more computing power on their wrist today than existed in the entire world before 1961. Look around you. Is there anything that hasn’t been significantly impacted by advances in technology?

Competition & Customers

Another key difference in our world today is the elimination of barriers to entry for most companies and products. The ability to instantly share information around the world, coupled with the ability to access it easily, means it’s easier than ever to start a business. Garage startups appear no different to their client via the web than large brick-and-mortar structures.

Coopetition is more common today as companies, industries and products overlap. Sellers are also customers are also competitors. We must constantly examine and re-examine our views on who we serve and how.

Over a million products are available to the average shopper today. From the early 1970s to the late 1990s, the number of vehicle models available to choose from increased from 140 to 260. The number of Frito-Lay chip varieties increased from 10 to 78. Over-the-counter painkillers are increased from 17 to 141. In January 2007, it was reported that there were 106,875,138 websites with domain names and content, compared to just 18,000 websites in August 1995.

And customers aren’t just finding products online, they’re turning to the internet for all aspects of their lives. One in seven couples who married in 2007 met online.

And finally, Generations & diversity

The United States has four generations at work for the first time. The differences in values, needs, wants and desires are huge, giving us almost endless perspectives on every aspect of our business, products and services.

Diversity, including race, age, ethnicity, political and religious beliefs, and gender, is prevalent in most communities and businesses, especially those in the United States.

So what is essential to being a great manager or leader in today’s world? You need to have a more complete set of skills, abilities, and traits. EQ (emotional intelligence) and IQ are key – it’s not one proposition or the other. Today, it is clearly an equation and/both.

To keep pace, a leader and manager today must TO DO right next:

  • Go back to basics when everything around you diverts you to complexity
  • Make strategic planning a way of life in your organization
  • Set clear expectations of what excellence looks like
  • Constantly communicate on your strategies and your excellence
  • Build a high-performing culture that supports your strategies and brings them to life
  • Provide continuous feedback
  • Learning and unlearning constantly

What remains… What evolves

Some aspects and behaviors of leaders and managers that were important twenty-five years ago are still critical today and likely will be 100 years from now. This includes acting with integrity, leading by example, developing talent and ensuring customer satisfaction/loyalty.

However, there are big differences between the old style of administration and leadership and the new idea of ​​guiding and inspiring. Managers and leaders today face a whole new set of expectations in how they motivate the people who work with or follow them, setting the tone for most other aspects of what they do. they do. Today, people not only don’t want to be managed, but in most cases they just won’t be. Today’s employee wants to be led. They want to participate and engage in all aspects of their work. Creating a two-way relationship is key, especially since many knowledge workers today know more about what they’re doing than their boss.

Another important shift for managers and leaders today is the need to think globally. The impact of globalization has affected all aspects of business. Appreciating and leveraging diversity is an additional shift that correlates with our world becoming smaller and smaller; the broad expansion of business spans seas, cultures and religions. In addition to these actions and focus areas, today’s leaders and managers need to be more innovative and proactive, anticipating problems and opportunities as well as entirely new markets and products.

How do you continue as a manager or leader today?

Focus on continuous learning and unlearn. There are almost no more jobs that will remain the same over time and the demands of leaders and managers continue to evolve. The very tall ones are constantly learning and developing and they have the following characteristics in common. They:

  • Likes to be in control. They are driven and determined to constantly improve, knowing full well that they will not and should not be perfect.
  • Are observant and flexible. They can consider multiple perspectives to create general guidelines that help them make sense of their surroundings.
  • Focus on problem solving. They view current problems from the perspective of making things better rather than blaming or worrying. Their thinking is characterized by a balance between the ability to visualize what could or could be and an efficient daily approach to doing the right things. They can distill complexity.
  • Are aware of themselves. They are constantly working to become even more aware of their own intentions as well as their impact on others. They admit their mistakes and learn from them.
  • Are specific, direct and frank with others. They lay out any agenda they have and use good listening skills to really hear what others have to say rather than just planning their next response.
  • Have a wide range of interests. They are really curious about others. They are able to easily make comparisons while seeing and appreciating the complexity of the world.
  • Think strategically. They are able to see, understand and appreciate the current state as well as see the possibilities. When dealing with today’s issues, they operate from a broad, long-term perspective rather than taking a narrow view or focusing only on short-term implications. They are able to gather information and make decisions in a timely manner.
  • Are action oriented. They get things done, make timely decisions.

More Than a Minute provides a guide – I constantly note in the book that there is no one right way to do all the things we talk about as important for success. There are pros and cons to almost every approach. Be sure to make informed choices and be clear about the trade-offs.

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