Friday 19 December 2008

Managerial Style & Financial Fiasco

Though theory states about different managerial styles like AUTHORITATIVE , COERCIVE ,DEMOCRATIC and so on . But fact boils down to how "managed employees" look at you as a boss.

This is further high lighted by recent confession by many managers in financial industry that they were not aware that trouble was brewing .

This BBC article throws light on why !

So mere 7% of employees , who think that the boss is "kind" , reported that the managers listened to them. Further research indicated that "kind" bosses gets superior results.

This new generation Y, ( not only in US ,but in other part of world too ) is seeking change in managerial styles. Article further stresses that "Kind" bosses are not doormats , but like respectful knowledgeable parents with integrity.

So the qualities required are different than what the contemporary textbooks are conveying.

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