In the 2022 business climate, organizations are facing a more complex and competitive environment. As a result, the competencies of the leader, who thrives in the modern-day business world is changing. Organizations are moving towards flatter structures. Flatter organizations tend to benefit from improved communication between employees, increased morale, less bureaucracy, ability to make decisions and change faster. They need leaders, who can thrive in a collaborative and cross-functional environment. To keep on top of the rapidly changing technological environment, leaders can no longer sit back as what they do know today will be out-dated tomorrow. There is now a greater need to develop themselves and their teams. Employee empowerment is key and can be achieved through training and development alongside the role. Mentoring, coaching, and job shadowing are examples of how organizations can manage the transition of the millennial leader.As the role of a leader migrates towards managing teams of diverse members, who have different technical skills and areas of expertise, there will be greater emphasis on the need for leaders to develop their “soft skills” that include emotional intelligence, creativity, adaptability and time management. Adopting a blended approach to leadership and management development need to evolve and use a wide variety of modalities to prepare the modern leader with the skills they need to thrive.The flexibility of blended learning makes it much easier to keep up as your business scales and grows, particularly now a days when working from home and remote working is much more common. Remote working offers better flexibility, and better work life balance to employees, it also opens up the ability to employ people from different backgrounds, and even countries, making the talent pool much richer, which in turn will help to grow business. Harnessing the power of the latest technology, social media and communication platforms early on, will allow company to transition smoothly into remote working, when time comes. Developing training strategies to ensure millennials are well prepared for leadership is an important way to ensure smooth transitions once the next generations of employees enter the workforce.This issue of the Siddhant: A Journal of Decision Making presents research papers, focused on different emerging issues in management and research. The readers will find the inputs valuable and enriching. The Editorial Board of the journal looks forward to the valuable suggestions from the readers for improving the quality of the articles. The Board sincerely acknowledges the contributions made by the learned authors and thanks the readers for their interest.Looking forward to your continued support in the journey of excellence.</sec></body></article></article></body></html>

sjdm

Siddhant- A Journal of Decision Making

2231-06492231-0657

Regional College Of Management, Bhubaneswar

sjdm-22-3-editorial

EDITORIAL

Editorial

Mangaraj

Sujata

Prof. (Dr.)

Online Published on 08 August, 2023.

0807-092022

22311

2022

IndianJournals.com

In the 2022 business climate, organizations are facing a more complex and competitive environment. As a result, the competencies of the leader, who thrives in the modern-day business world is changing. Organizations are moving towards flatter structures. Flatter organizations tend to benefit from improved communication between employees, increased morale, less bureaucracy, ability to make decisions and change faster. They need leaders, who can thrive in a collaborative and cross-functional environment. To keep on top of the rapidly changing technological environment, leaders can no longer sit back as what they do know today will be out-dated tomorrow. There is now a greater need to develop themselves and their teams. Employee empowerment is key and can be achieved through training and development alongside the role. Mentoring, coaching, and job shadowing are examples of how organizations can manage the transition of the millennial leader.As the role of a leader migrates towards managing teams of diverse members, who have different technical skills and areas of expertise, there will be greater emphasis on the need for leaders to develop their “soft skills” that include emotional intelligence, creativity, adaptability and time management. Adopting a blended approach to leadership and management development need to evolve and use a wide variety of modalities to prepare the modern leader with the skills they need to thrive.The flexibility of blended learning makes it much easier to keep up as your business scales and grows, particularly now a days when working from home and remote working is much more common. Remote working offers better flexibility, and better work life balance to employees, it also opens up the ability to employ people from different backgrounds, and even countries, making the talent pool much richer, which in turn will help to grow business. Harnessing the power of the latest technology, social media and communication platforms early on, will allow company to transition smoothly into remote working, when time comes. Developing training strategies to ensure millennials are well prepared for leadership is an important way to ensure smooth transitions once the next generations of employees enter the workforce.This issue of the Siddhant: A Journal of Decision Making presents research papers, focused on different emerging issues in management and research. The readers will find the inputs valuable and enriching. The Editorial Board of the journal looks forward to the valuable suggestions from the readers for improving the quality of the articles. The Board sincerely acknowledges the contributions made by the learned authors and thanks the readers for their interest.Looking forward to your continued support in the journey of excellence.</sec></body></article></article></body></html>