Friday 30 August 2013

The Essence of 'Good Management'!


In my previous post, I had posted a link of Dr. Julian Birkinshaw's interesting short video presentation as Professor of Strategy and Entrepreneurships at LSE.

In his lecture, Dr. Birkinshaw talked about 'Good Management' listing the attributes of good managers and giving an outlook at how good managers should behave with fellow colleagues, but mostly with subordinates as employees in a work environment.

He referred to the Marketing Management system and style adopted by marketeers when trying to define what 'Good Management' is. 

He said:

“Like Marketing, it is seeing the world through the eyes of your customers. Understanding the world through their point of views.”


This observation actually took me back nearly 20 years ago, when I had just started working within the insurance and financial services. Like most offices, our work was buzzing with people of different titles and different departments, each hurrying, busy crossing paths, at times in quite a frenzy, to get the deal, close the case, work in teams to provide the best possible impressions, along all the necessary assurances in good services and follow-ups. These needed trust to secure the unseen future. Our clients were confident we will not let them down, and we tried our best not too!

We managed their expectations, and we based these on the truth and the facts. We used to follow with them a system of accurate reporting called, our ‘Fact-Finding Reports’. These were great opportunities to get to know our clients, and to realize the importance of remaining true in our accounts. These reporting took the form of friendly get together, where we had informal chats and got to be close enough to talk freely about the important things in their life, their family and friends; their work and colleagues; their hobbies, health and lifestyle.

We got to know how they feel, understood what mattered to them, and agreed on the need for mutual trust and understanding. We ensured the right communications were being exchanged, along clear and honest understanding of what is at stake for them as much as for us.

We were all in the same boat, we both knew the benefits and advantages, but also realized the risks taken and possible losses incurred as per the nature of the business. We were representing a reputable, well-managed company; yet the risks of drowning, no matter how slim, were very real indeed, as much for them as it was for us!

However, we were very well equipped. Being well trained and following on the right protocols and directions were paramount! These were given from senior management across borders and all branches. We not only understood the need to comply, we also shared these with our clients. We needed their cooperation and understanding, even more so for healthy ongoing and successful long-term business relationships.

Many ended up being long trusted good friends.

These are the numerous good customers, treasured clients, important people in their own rights, who we strived to support, serve well, and be there, ready and steady when needed.

Like myself, many have moved on, travelled to different countries, worked in different jobs. Many have completely changed their lifestyle, work and health circumstances.


We might be far and distant… but many remain still in our heartsJ





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