Key skills for Trajectory of Growth for next Two decades

Failure vs Success: Individuals and Organisations emphasize on consistent success and built systems and processes encouraging success and discourage failure. Constant improvements to their products and services using latest technology is vital for survival. Innovation mindset across the organisation can make this a reality. Organisations need to celebrate failures. This encourages individuals to take risks and come up with products/services that excite customers.

Celebrating Failure encourages innovation

Less vs More: Majority of Organisations aim to introduce Products/Services that address all types of customers. Building such products needs heavy investments and more time. Studies consistently say Out of 100 features in a product/service less than 40% of the features are really used. Concepts such as MosCoW, Relative Weighing and Kano analysis encourage organisations to produce Less faster, gain market share and maximize Return on Investment.

Do you really use all features of your smart phone

Value vs Effort & Team vs Individual: Majority of the systems and appraisal processes are aligned towards individual performance. Incentives encourages Individuals to keep more effort. More effort may not lead More results/value. Collaboration through discussions, brainstorming and collective wisdom can produce products/services that provide more value to customers. Systems and appraisal process that measure value produced and encourage team results than individual contributions.

Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishments toward organizational objectives. It is the fuel that allows common people to attain uncommon results – Andrew Carnegie

WRITTEN BY:
Sivaram AthmakuriSivaram Athmakuri is Founder & Director of LeaderGains Pte. Ltd., an expert Coach, Consultant and Trainer.
He has 20 plus years of Managerial Experience with strong technology expertise. He prepares Organisations in embracing latest technology / tools and turn the challenges as opportunities for Growth. He empowers Organisations & People across all levels (C-Suite, Management, Leadership, Program / Project Managers, Functional/ Line Managers, Team members at Projects/Delivery/Operations), etc. in areas of Leadership/Executive Coaching, Strategic Planning, Dashboards for C-Suite, Setup Project Management Office(PMO), Agile Transformation, Risk Management and Product Development. He believes in “spending more time listening to Customer and understanding unique strengths of their existing environment helps him to generate the long lasting results faster with lesser friction”.