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| Tuesday, 6 July 2004 |
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'Manage change to survive and prosper' In today's business environment, the demands for change are unrelenting. With competition increasing all the time, the pressure is on now for new or improved products and services at prices that represent good value for money.
The most critical of the skills required to manage change is the ability to interpret and manage people,' said president elect of the Chartered Management Institute UK - Sri Lanka Gamini Karunaratne at the institutes annual general meeting at the Galle Face Hotel last week. Speaking on three special skills in management, Karunaratne said: Today's managers must have three special skills. First is managing yourself. It means planning your work, planning your meeting, planning your days important assignments and such responsibilities. The next most important management skill, is managing relationships. Managing relationship with everybody around you including your own family. For instance managing relationship with your wife or husband is also as important as managing relationship with your colleagues in office. Today there are plenty of broken families mainly because the husband and wife do not know to manage each others relationships. The third is managing Information and Communication technology. Today there is nothing that anybody in management can do without knowledge in Information and Communication technology. These three areas should be looked at in today's management. Today, organisations are all in a competitive environment and it's the strongest that will survive. People who can be proactive, people who can be objective, people who know how to plan strategies are those who will succeed, he said. "Our Institute has a responsibility to ensure that professionals in our membership are given every opportunity to learn to manage these special skills. Good managers will always learn to do simple things first. Many of us believe that doing things which are sometimes very complicating, sometimes which are very clearly beyond us is important. They overlook that if we do simple things successfully it will lead to the resolution of many problems,. Today's young people want to get into the fast track straight away. They should be given the encouragement, guidance to develop essential skills in a shorter time than we experienced a few decades ago. Many Managers are in the habit of missing out opportunities which is one of the biggest set backs in management. We should try to make best of opportunities rather than converting opportunities to problems. In management your word is your bond. Good managers must put people, associates, subordinates, colleagues, and superiors' first. Building bridges should never stop. Managers who periodically take stock of themselves and make an effort to change will survive and prosper. Those who cannot "Manage Change" will obviously wither away. The Chief Guest was Stephen Evans, British High Commissioner for Sri Lanka. The Guests of Honour were Tony O'Brian, Director-British Council and Rienzie Wijetilleke, Chairman HNB Ltd. Gamini Karunaratne, Senior Deputy General Manager - Treasury of HNB took over as President from Ajit de Silva, Precedent Partner, DAC Graphics. |
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