A hunderd years after the 1907 Banker’s Panic, when the stock market fell nearly 50% from the previous year, we are again faced to infuse companies with the management skills needed for the changing world economy.
Well, it’s time to modernize corporate management once again.
While execs must continue to understand core business disciplines like finance, marketing, and sales, there’s a new set of skills they must master. That’s why Bruce Temkin defined the following 6 New Management Imperatives:
1. Invest in culture as a corporate asset
2. Make listening an enterprisewide skill
3. Turn innovation into a continuous process
4. Provide a clear and compelling purpose
5. Extend and enhance the digital fabric
6. Practice good social citizenship