The Art of New Management | Leadership Talk with Shiv Shivakumar | GCC Conclave 2022 | nasscom

Summary

Shiv Kumar, Group Executive President at Aditya Birla Group, delivers an insightful talk on 'The Art of Management' at NASSCOM GCC Summit 2022. He emphasizes the importance of self-management, including time, ambition, learning, energy, and relationship with the organization. Kumar, author of a book by the same name, shares candid insights from 21 leaders, urging professionals to prioritize long-term success over instant gratification and to foster a culture of giving and loyalty coupled with capability.

Takeaways

• 📚 Shiv Kumar's book 'The Art of Management' emphasizes the importance of self-management as the foundation for a successful career.
• 🕒 Effective time management involves discipline, prioritization, utilizing 'dead time', avoiding wasted time, and being responsive to communications.
• 🎯 Managing ambition should be focused on the team's success rather than individual glory, to gain acceptance and support from peers.
• 📘 Continuous learning is crucial due to the short shelf life of concepts, and it is the individual's responsibility to stay updated through various means including reading and talking to people outside one's industry.
• 💪 Physical fitness and a disciplined lifestyle are essential for managing personal energy, which is critical for peak performance at work.
• 🤝 Maintaining a positive relationship with the organization is key; pride in the organization and avoiding cynicism are important for professional growth.
• 🏆 Loyalty is important but must be coupled with capability; being loyal without producing results is not beneficial in the long term.
• 🚫 Instant gratification should be avoided in favor of long-term planning and financial responsibility.
• 🤝 Being a 'giver' in terms of time and information can lead to receiving more in return, fostering a positive and productive professional network.
• 🤔 Reflecting on one's relationship with an organization requires time and should be based on whether the organization invests in and values the individual.
• 🌟 The talk concludes with the message that self-management is crucial for future success, and it should be a priority for anyone looking to excel in their career.

Q & A

Who is the speaker of the expert talk on the art of new management?

The speaker is Shiv Kumar, Group Executive President for Corporate Strategy and Business Development at the Aditya Birla Group.

What is the title of Shiv Kumar's recently published book?

The title of Shiv Kumar's recently published book is 'The Art of Management'.

What are the three fundamental aspects of management discussed in Shiv Kumar's book?

The three fundamental aspects of management discussed in the book are managing yourself, managing your team, and managing your business.

Who wrote the foreword for Shiv Kumar's book 'The Art of Management'?

Sachin Tendulkar wrote the foreword for 'The Art of Management'.

What are the five key areas of managing oneself according to Shiv Kumar?

The five key areas of managing oneself are managing your time, managing your ambition, managing your learning, managing your energy, and managing your relationship with the organization.

How does Shiv Kumar define time management?

Shiv Kumar defines time management as maintaining a diary to keep track of commitments, prioritizing tasks, utilizing dead time effectively, avoiding time wastage, and being responsive to communication.

What is the importance of managing ambition according to the talk?

Managing ambition is important because it propels a new level of achievement, but it should be directed towards team success rather than personal glory to avoid being pulled down by peers and subordinates.

Why is learning considered crucial in the context of the talk?

Learning is crucial because the shelf life of a concept is short, and the responsibility of continuous learning rests on the individual to stay relevant and ahead in their career.

How does Shiv Kumar suggest managing one's energy?

Shiv Kumar suggests managing energy by being physically fit through regular exercise and a good diet, ensuring adequate sleep, and maintaining discipline in daily routines.

What is the advice given on managing the relationship with the organization one works for?

The advice given is to take pride in the organization, avoid cynicism, and assess the relationship over a period of 3-4 years to determine if the organization values and invests in you.

What is the stance on instant gratification and long-term planning as per the talk?

The talk advises against chasing instant gratification and instead promotes long-term planning, emphasizing that one should deserve before they desire.

How does Shiv Kumar view the relationship between peers in a professional context?

Shiv Kumar views peers as 'frenemies', suggesting that while they can be supportive, they can also be competitive, and it's important to maintain a positive relationship without seeing them as enemies.

What is the significance of giving according to Shiv Kumar's career experience?

According to Shiv Kumar, giving, whether it be time or information, is significant because those who give completely tend to receive much more in return, contributing to their success.

How does Shiv Kumar define loyalty in the context of a professional career?

Shiv Kumar defines loyalty as working for a company till the very last day with commitment, but also emphasizes that loyalty without capability is not enough; both are important for long-term success.

What is the main takeaway from Shiv Kumar's talk on managing oneself for the future?

The main takeaway is the importance of self-management as the foundation for effectively managing teams and businesses, and the need to continuously adapt and improve to succeed in one's career.