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Management Matters

Your Keys to a Successful Organization

Date Posted: 10/12/2015

Have you ever wondered how and why some companies surge ahead as market leaders in a crowded environment while many others struggle to stay afloat? It’s simply because these successful companies employ creativity and innovation better than others in order to take leadership positions in their respective fields. These organizations are not copy cats or me-too companies producing what is already available. They are innovative and find a unique advantage or niche or discover new products and services for customer attraction and deeper satisfaction.

If your organization has ambitions, size is not your limitation but shedding the copycat image is what you must confront. For this you need to constantly look ahead to discover and create new developments, not just replicate what industry leaders are already doing. The customer will still prefer to buy from originators instead of the copycats. Therefore copy their success route by all means but be creative and innovative to successfully change market perception of your organization and break out of the middle order.

So what’s the magic in creativity and innovation, and what are its key factors that make the difference? Simply abbreviated, it’s the 5 Ps., a mix of the right People, with the right Purpose, backed up by right Prerequisites (resources), using the right Processes, to attract long term Patrons. Creativity comprises of revelation, adaptive inventiveness and development.

  • Revelation: when you discover that a product or service can be improved.
  • Re-invention: when you take up a re-assessment and re-analysis of all products or service components to innovate new ways for improvement based on current technology and research data.
  • Creation: is when you successfully put together a new or improved product or service after trials and approvals.

Creativity is the aggregate of thirst for new knowledge, fertile imagination, and courage to constantly experiment with new processes. Having a great product today is not enough because someone is already developing a better one. Therefore a thrust towards improvements driven by high levels of research can produce products and services which are much better that what you have today.

Besides creativity and innovation, successful organizations also need both inspirational leaders and sound managers in order to achieve increased and justifiable results. In a healthy growing organization, leaders and employees should have the same goals and mission so everyone enjoys a feeling of inclusion and participation. By paying attention to signs of a superior organizational culture, an organization can stay on track and accomplish its mission.

Here are some steps leaders can use to ensure that their organization reaches its full potential:

Set Clear Goals & Mission

Leaders should set clear goals and develop a unique plan for the organization which is in line with the mission in order to monitor whether the organization is moving on the right track. Many organizations have failed, not because of poor leaders or managers, but because their plan did not align with the mission or goals they set.

Effective Leadership Style

Leadership has to start at the top but it isn’t healthy unless it spreads throughout the organization. A good leader understands the strengths and weaknesses of each team member and is able to assign and delegate tasks and responsibilities to every team member who is best equipped to handle the task. This allows the team leader to focus on improving workplace functions and to maximize productivity. It’s not about command and control in a team but more about encouraging each individual to contribute their expertise to make the most out of the diverse talents of individuals in the team.

Effective Communication

Effective communication requires transparency and openness. A successful organization communicates the overall strategy to every staff member in the organization so everyone understands their role. The team leaders should be able to present their ideas and expectations to team members clearly and in a way people can understand.  Effective communication also means listening to the input of others.

Supportive Environment

While there is nothing wrong with rewarding employees for individual performance, it is also crucial to reward teamwork. For example, organizations can make a percentage of an employee’s bonus tied to how well they collaborate with their co-workers. A supportive environment also means having training and education resources available for employees.

Adaptability

Successful organizations must be adaptable to a changing environment and be able to deal with unexpected problems. Precedence shouldn’t be valued over flexibility. It’s not enough to do something because it was always done that way. The organization has to be able to adapt to changes in order to compete effectively.

To a great extend an organization’s success depends on the quality of the people who run it. Your company is only as great as the people who embody the mission of your organization and carry out the activities that are required to run it and produce the products lines or services.

Need help in sourcing top quality staff? Ikon is here for you! You can trust Ikon to find the best people for you and be certain that every detail of the hiring process is maximized in finding your ideal candidates.

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©2015 Ikon Solutions Asia, Inc.

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