Leadership strategies for the new millennium
"Increasingly, I think leadership is about coaching and encouraging rather than dictating and being first over the wire," says GKN's Sir David Lees. "The best way of leading is to make sure you have got the best person you can raise to lead each of the individual businesses, and decentralise decision making to them, reserving the CEO for key issues and the strategy of the group." While at Bowthorpe, CEO Nicholas Brookes sees his role as coaching all 97 managing directors of the businesses, even though they do not all report directly to him.
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NIIT follows a people-first policy
With NIIT's global turnover touching Rs 430 crore and its educational multimedia software business doubling, the company believes it owes its success to its employees. The company's HRD policy springs from a more fundamental recognition of the incomparable primacy of its people and, the belief that the people are the only asset of the organisation.
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Singapore launches smart card system to clear immigration
Starting Monday, frequent travellers will no longer need to queue up to clear immigration at Changi airport. A smart card will help them sail through without showing their passport, although they will still have to carry it. It takes 15 seconds to clear immigration using a smart card, compared with the usual 25 to 30 seconds at a manned counter.
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