How to manage people? - by Tej Kohli
Tej Kohli personal blog adds another feather of information that would help prospective Mangers to restructure their strategies to mange people more efficiently.Tej Kohli, a businesman himself reveals the secret of people management.
Your business school might have taught you ‘what is people management?’ But what they miss largely upon is HOW of people management. Once you step into industry, you will realize there is lot more beyond the bookish concepts. Managing people is an art that requires practical know-how outside the unyielding conceptual realms.
Keeping in mind the current market scenario, where companies are vying with each other to seize the best human resources, it is imperative for the people’s manager to think outside the theoretical concepts and devise a new plan of action for bringing and retaining talent.
Moreover, as the demand graph is shooting upwards, the corresponding talent supply is falling short. So, its time for the Managers to implement lessons learnt from real life in order to avoid mistakes that others made.
Maslow’s need hierarchy set straight some of the indispensable needs that facilitate employee retention, apart from monetary benefits like:
1. Need of recognition
2. Need of importance.
So, what is the basic mantra to retain your employees and more importantly how to go about it? I’m sure your business schools must have overlooked this nitty-gritty of successful employee retention. Ponder the following points:
- Praise your employees, nothing on earth could do better than a note of appreciation. Word of mouth encourages people to achieve goals and retaining them.
- Involve people at the conceptualization stages and get them to support key initiatives.
- Make your employees feel important. Thus will inculcate loyalty in them.
- Help you employees achieve their goals in order to achieve the goals of your organization.
- Listen what your employees have to say, pay heed to their grievances, if any and be open to any new ideas they suggest.
However, these lessons one learn through life. But it’s high time for business schools to dump obsolete theoretical guidelines and adopt a pragmatic way of dealing with people.