How Has The New Economy Change Business Communication Forever?
Saturday, June 18th, 2011Today’s businesses often attempt to apply the “old ways” to the “new economy” and fail miserably. It’s like applying the rules and guidelines you used with your four year old to your teenager. It may get some results – but ultimately it doesn’t work.
Let me explain. The old model of management is one that most of us have seen somewhere in our lives – it’s sometimes called Industrial Age Management and it worked fantastically in the Industrial age when the goal was to create a structure where semi-skilled employees could perform repetitive tasks accurately. It’s a command and control structure and includes some of the following characteristics:
• Abundance of rules and regulations
• Clear roles and hierarchy
• Well defined roles
• Lack of trust of employees
• Linear and measurable tasks and results
In some situations this model works wonderfully. As a youth I worked at McDonalds, and one of their strengths is their ability to apply Industrial Age Management to get semiskilled teenagers to perform repetitive burger flipping accurately.
However, in most modern businesses we need people to think.
Today’s business environment moves quickly.
Products must be relevant and quick to market.
Companies must be adaptable and resilient.
Employees must be focused and creative.
In this age of rapid change, hierarchy and bureaucracy are increasingly unprofitable. To be successful as a manager we must learn to communicate our vision clearly and inspire our employees to be creative and take risks.
Today’s successful businesses styles include:
• Trusting the individuals in your organization
• Less compliance, more alignment around values
• Shared information and problem solving
• Creativity and risk-taking
• Collaboration
Being clear communicators is no longer enough. We must be persuasive managers to succeed.
Two Steps To Get Started
Step 1: Admit that there is a problem. You don’t have to proclaim it to the rooftops (although sometimes that helps), but notice it. Notice how the structure of your business is not working – the ways that the bureaucracy slows you down,
Step 2: Step up and take action. You’ve already started this step by picking up this book. Read it. Do the exercises. Take the steps to learn how to empower your team, to communicate clearly and change the world by changing the world around you.
How Do You Thrive In The New Business Workplace?
Many managers (and employees of all types) start to feel panic when they realize that the way they have worked in the past is no longer going to help them to be successful. Maybe you’ve experienced a certain tightness of chest when you realize that your overhead and bureaucracy is weighing your business down – perhaps making you less competitive. You might get nervous when you see other companies growing while yours shrinks or notice product introduction failures – too little, too late – or in the wrong direction altogether. You might even hear the stories of the big – seemingly “stable” companies making massive layoffs as they try to turn the huge ship around.
Relax and know that just in picking up this book and reading this far you are taking solid steps to see that you can succeed in the new economy – thrive beyond even the possibilities in the old model of business.
You’ll learn that when you use these simple skills, consistently applied, you can become a leader in the new economy.


