The best leaders inspire exceptionally high levels of performance by focusing on being authentic, transparent and focused on making sacrifices on behalf of the team's attainment of objectives over the long-term. These are the traits of a transformational leader as well. For any leader to truly be effective in this area of management, they must be transformational focused and concentrate on how best to grow the strengths of their team in response to the challenges of attaining goals and objectives over time (Mamman, Baydoun, 2009). Another aspect of leading is how effective a manager is in supporting his teams and tailoring individual development goals on their behalf. Being able to create development profiles for each team member and working to provide them with development opportunities over time is crucial for their success. The need for defining how the development of subordinates aligns with the current and future needs of an organization is also critical. All of these factors combine to define the traits and sills necessary to excel as a leader. The one other aspect of this function or dimension of management is that it must also focus on how best to create exceptional trust across an entire team so that each will be able to support the other (Ebert, 2007). Great leaders have the ability to do this with exceptional skill. It is a trait of their to be able to make teams work at a high level of morale and purpose together over time.
Controlling
Contrary to what many believe to be the most authoritarian aspect of management, controlling is actually focused on how effectively a manager is at sensing what needs to change quickly in order for greater accomplishment to happen. Controlling a project requires the skill sets of exceptional tact and focus while at the same time having a strong set of objectives and sense of how all parts of the organization work together to achieve a common...
The need for defining a common set of metrics and measures of performance is critical in this phase as well. The most effective managers have the traits and skills of seeking out a strong level of accountability for results in this phase of the management process. This is also the phase where the most transformational skills are the most valuable, as control requires a manager to change organizations to accomplish goals and objectives.
Conclusion
The skill sets necessary to manage the rapid pace of new product development in high technology are evident in this analysis. Planning, organizing, leading and controlling form the foundation of making an organization more effective. The traits and skills mentioned in this analysis are critically important in rapidly changing industries if a manager is going to excel and attain strategic objectives over time.
References
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Mamman, a., and N. Baydoun. 2009. Managerial perspective on the impact of globalization in an African commercial bank: Implications for strategy implementation. International Journal of Organizational Analysis 17, no. 3, (July 1): 184-201.
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