By Doreen A. Muhangazi
In today’s rapidly evolving business landscape worldwide, the caliber of Human Capital in any given organization has become pivotal to its success. Collectively, human Capital refers to the set of skills, knowledge and experience possessed by the Organization’s workforce, and these have since emerged as the number key driver for competitive advantage in any industry or sector.
With increased automation, companies can no longer give lip service to the centrality of people to their businesses and eventual success or not. Therefore, effective management and development of Human Capital “people” are foundational to building a resilient organisation that is capable of navigating uncertainty, disruption and always emerging atop.
As a leader you have two jobs, your 8 to 5 job that entails overseeing operations and achieving targets as well as leading people. In my mind, the second is harder than the first.
Improvements in technology over the last few decades mean that most of the more mundane tasks have been eliminated. This poses unique challenges for leaders in the workplace.
There are various leadership models but broadly speaking you have performance driven leadership and people centered leadership. In previous times, performance driven leadership where results were achieved by any means necessary was encouraged and celebrated. It was as easy as setting up to do lists and making sure everyone adheres to them come hell or high water.
Leaders could get away with this in a time when automation was not widespread and driving teams hard was necessary. The people centric leadership, however, recognizes that teams are made of people and to extract maximum performance recognition of their individuality and fit in the team is critical.
In previous eras, companies could have a competitive advantage from being the most mechanized or automated, but now that is standard. So, emphasis has shifted more to how to lead the teams as a key competitive advantage – hence the greater emphasis now on people centric leadership.
And this not just a catchphrase.
They say that people do not work for organizations, they work for leaders. If there is a poor relationship between the leaders and their reports either the leader doesn’t trust the competence of his reports or vice versa or there is mutual suspicion of each other’s motives and doubts about whether they are working in each other’s best interests it will be impossible to get maximum value out of that team.
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