Identifying The Role And Importance Of Hybrid Managers Business Essay

Identifying The Role And Importance Of intercrossed Managers Business EssayThis paper is aimed at identifying the role and importance of loanblend charabancs in the present sparing conditions of the twenty-first century. It tries to explain how the loanblend motorbuss attend to the industries to flourish and subsequently the present economic scenario. A step by step analysis of description of loanblendizationizingization coach-and-fours, its characteristics, their advantages, disadvantages has been made. As, the term forethought is a wider concept, first the role of a crossbred autobus in an plaque and his importance is to be understood. Then, In order to explain the importance of hybrid omnibuss in the present economic scenario, we lack to crystallize the globose scrimping of the twenty-first century. So a detailed account of present spherical scenario has been made. Fin eachy the structure mentioned in a higher place has been used to form the foundation o f the arguments presented in the last section of the paper- How crossbreeding Managers hold the attain to development in the 21st century Global Economy.Definition of a Hybrid handlerThe term hybrid was originally coined by Peter Keen in the mid 1980s, but received its most precise and most quoted definition by Michael EarlA person with strong technical skills and adequate dividing line noesis or vice versa . Hybrids ar people with technical skills subject to work in user beas doing a line product line organization organisation, but sense carry out at developing and implementing IT application ideasIn addition, roles such as leadership and impresarios were too defined. However, these distinctions ar seldom recognized by practicing conductors.From the above definition it is pretty take a leak that although the term HYBRID is being used save for the last 2 decades, omnibuss with such skills always existed. So, it is the need for an growing in the quantity of such managers that has increased in the 21st century. So a more(prenominal) popular term hybrid manager has been coined. The need for the increase in the quantity of hybrid managers sums up the whole economic scenario of this era. The timberland of the managers has been thither before but the present spheric deliverance necessarily more of such hybrid managers.Characteristics of hybrid managersFrom the definition of a hybrid manager, it is understood that he should be sound technically and well write with transaction ask of the organisation specifically he works for. The last mentioned is the most important aspect to ensure success. We go out dispute well-nigh organisation specific k presentlyledge in detail.Organizational specific fellowshipThe most important skill of a hybrid manager is How to labour out the things make as per the requirements? The meter taken by the hybrid manager with an organization to develop this particular skill makes essential importance for the hybrid managers. A advantageously hybrid manager exploits the networking skills to build the personal or loving network over a period of fourth dimension. This gives them a ingenuous tool to get the works done easily with multiple sources of revileing. Since every(prenominal) organization ordain consume good conference media both by internet or by intra-net, hybrid managers can utilize this communication media efficiently to get the exact required instruction on the requirements at the time of need. However it all depends on the direct of expertise a hybrid manager has at bottom the organization. For guinea pig it takes time for a navy-hybrid manager to get the contacts with the elderberry bush(a) management and generate the repo with them. precisely a senior hybrid manager can get the exact required information within the time limits. universal management skillsThe characteristics that are often searched for in a manager include soft interpersonal skills. They ar e privationCommunicationNegotiationTeam buildingThe true ability of a hybrid manager lies with their ability to ex intensify jobs with their peers in other functions. For example in a software organisation, a manager for HR service should be capable to act as a head teacher information officer (CIO) Hybrid managers should also have a good social skill and extroversion to manage people. A more detailed rendering of various practicable roles played by hybrid manager will be discussed in the section Role of a hybrid manager in an organisation.Need for a hybrid managerSome of the issues that are being face by IT industry are highlighted by a survey conducted by popular IT press. The study issued faced by IT companies are as followsOnly 11% of organisations are successful with IT according to any objective measure (A.T.Kearney)30% of transcriptions projects fail to meet user needs (KPMG)Over 40% of systems projects are non completed within time or to budget (Butler Cox)Only 27% of chief executive officers in the UK are fit that their IT department can deliver them the commerce advantage they need in the 1990s (Amdahl)http//www.skyrme.com/insights/6hybrid.htmAlso as per 1985 opinion survey of MIS managers, the key issues faced by organizations are as followsAlignment of IS to trading needs strategical Benefits of IT not understood by trade managersNeed to improve IS-line relationships naming of competitive edge applicationsThe opinion survey of the managers implies that most of the managers at that time do not catch the importance of aligning IS to business needs. This shows the need for a close partnership between IT and business. This is where a hybrid manager comes into play. He is the one who can deal with both(prenominal) IT and business aspects of an organisation. He will have the capability to align IT with business.http//www.skyrme.com/insights/6hybrid.htmRole of a hybrid manager in an organisationThe greatest challenge faced by an IT industr y is the perceived misalignment between technology and business requirement. The common cognition is BUSINESS AND IT CANNOT COMMUNICATE and they speak different language. So, the role of a good hybrid manager is to act BILINGUAL. He should act as a bridge between the two pieces.Till recently, IT industry is seen as a back office work which can actually be outsourced. But with the ever-changing times and global nook taking its toll on the companies, IT is being seen as a part of the industry. This has given rise, the requirement of managers who could also deal IT. But because it is always easier the other way round, i.e. IT managers with good business skills, a new concept of hybrid managers arose.Let us take an example of a successful hybrid manager, graham flour Johnson. Like many an(prenominal) other students he took up electronics and got a highly paid job in chip design. In that job he started as electronic engineer and later went on to become self busy consultant, CIO and now chemise consultant for Ecclesiastical InsuranceDuring his time with this firm, he worked on major projects with famous names like marks and Spencer, abbey national and discovery securities. While undertaking these projects he seconded as IT manager reporting to the financing director. With that experience, he gained a pass out of knowledge almost business and pay issues. Also, when he became self-employed he worked on large projects for a power train of other famous companies, such as Legal General Assurance, nationally structure Society and the London Stock Exchange. With this experience of self employed consultant he got to work with lot of knobs and dealt with them successfully. He gained a lot of experience of working with people. Now with that experience of dealing with the clients and the technical experience he already possessed, he is working as a transformation consultant.I think theres a real shortage of classic hybrid managers who can manage the technical g urus but also have a coherent business conversation with the chief executive, Johnson says.Lots of people are logical and lots of people have human empathy, but there dont seem to be too many who have a piece of music of both. This could mean there are wider career opportunities for those who do develop both left and right brain sides.The above example portrays the role of a hybrid manager in an organisation. So the most important and primary quill responsibility of a hybrid manager is to have a top out ascertaining of the business issues such as the requirements of the clients, market value for the products etc in addition to the core technical knowledge he possess.Senior level hybrid managers can make the most important impact for organizations decisions in various areas of business decisions of organization. The research work conducted on various projects identify some of the following particular contributions that hybrids make1) Initiate the awareness on potential capabiliti es of IT for a organizational business2) Business needs of IT must(prenominal) be identified3) Anticipate in finding the new possible applications of IT4) Assess the pros and cons of new technological advancements5 ) Give appropriate military capability to the benefits of IT to line managers of organization.6) Making broad awareness programs to ensure information system managers learning about business issues and opportunities7) Information system functions responses of emerging and changing business needs can be provided to the organization.Before going to discuss about the role of a hybrid manager in the 21st century deliverance, we will discuss the pros and cons of having a hybrid managers.Advantages of hybrid managerThe effective leadership qualities of hybrid managers can create islands of real business and information system understanding. These islands are proving to be the accelerators for an organizational hybridization. Every put of organizational hybridization is gai ning flexibility and effectiveness with the help of hybrid managers.Disadvantages of hybrid managerEven though there are many advantages of hybrid managers throughout organizational hybridization, it takes high amount effective resources of organization which may not be available for every organization throughout the hybridization process. Developmental stages of hybridization of organizations may vary with the governance that is being followed within the organization.Business consistent information system, Information oriented expletive business are the two different disparate disciplines. However integration of business consistent information system with the information oriented expletive business is the major huddle for hybrid managers. Even though there is no communication, which can make the amalgamation of two separate disparate disciplines with the alike(p) degree of effectiveness, it is very difficult to take out a fair and single stand out which bring a hybrid manager ou t of the two disciplines.Now let us discuss about the state of 21st century global delivery.21st century global economy21st century refers to the start of a new millennium from 1st January 2001. Global economy generally refers to Economy, which is based on economies of all the countries in the earthly concern. It can be evaluated in various ways. The evaluation is done based on US dollar.Economy can be indicated by various factors. They areGWP(gross world product)InflationGlobal deptUnemploymentIndustriesEnergy in all the factors referred above are the indicators of global economy. From the fall of 21st century, till the primaeval part, the global economy was led by US. The new century has seen 10 years so far. The global economy can be divide in the following way in its first 10 years.2001-2006 regular army led the refinement of the global economy. Post Second World War, the economy of the world was more or less driven by the join States, with its hard-hitting industrialis ation coupled with increasing consumer spending capability.2007 china leads the expansion of global economy. With the occurrence of subprime bubble, the US economy collapsed and went towards depression. It affected many markets worldwide. This marked the beginning of recession in major world economies.2008 credit crisis began. In that year, even though many markets in the world expanded, the markets which has impact on the world economy contracted. This led to a crisis like feature in world economy.2009 credit crisis deepens. In this year most of the economies contracted. UK was the biggest victim of the muscle contraction followed by Russia.2010 recovery. The international monetary fund forecasts recovery. But the recovery was not as good as expected. There were fears of double dip recession in many major economies of the world.So, in the early years of 21st century, the global economy was mostly dull and subtle. The vice president and chief economist of World Bank, justin yifu lin opines thatThe crisis has deeply impacted virtually every economy in the world, and although growth has returned, much progress in the fight against destitution has been lost. More difficult international conditions in the years to come will mean that developing countries will have to place even more emphasis on improving domestic economic conditions to give the mental of growth that can durably eradicate poverty.http//publications.worldbank.org/index.php? master(prenominal)_page=product_infoHYPERLINK http//publications.worldbank.org/index.php?main_page=product_infocPath=0products_id=23738HYPERLINK http//publications.worldbank.org/index.php?main_page=product_infocPath=0products_id=23738cPath=0HYPERLINK http//publications.worldbank.org/index.php?main_page=product_infocPath=0products_id=23738HYPERLINK http//publications.worldbank.org/index.php?main_page=product_infocPath=0products_id=23738products_id=23738How Hybrid Managers still hold the key to development in the 21st century global economyAs discussed above, the state of global economy is dull at the latter half(a) of the decade. According to the vice president of World Bank, the key to the recovery of the global economy is to improve the domestic economies. This can be achieved by aggressive entrepreneurship. Entrepreneurship requires good management to succeed. This is where the hybrid managers come into play. There were many examples in the past where with the change in the management style, the firms have been successful.As verbalize in the Harvard Business Review analyzed byAlan M. Webber in January-February 1993 thatGeneral Motors, buffeted by the turbulence of global competition, changes nearly its entire senior management team. IBM, made vulnerable by rapid technology shifts and the arriver of smaller, more nimble start-ups, begins the painful process of taking itself apart. Sears, humbled by fragmenting markets and cost-conscious competitors, strives to rediscover in a changed business envi ronment its original retail success. Across the corporate landscape, in every industry and at every level, managers are struggling to adapt to unfamiliar circumstances and new strains of competition.From the above statement, it is clear that the managers are finding it difficult to adopt themselves to the changes in the trend. This situation has arrived due to the fact that managers are well versed with only either economics of the business and do not have technical skills to understand the changes in the technology or only technology and do not have skills to compete with the changes in the marketing style. This is where hybrid managers like graham johnson (discussed in the section role of hybrid managers in an organisation) helps the organisation. He had genuine both the skills required to manage an organisation. With the experience he obtained from running a consultancy during which he worked with many firms like Legal General Assurance, Nationwide Building Society and the Lond on Stock Exchange, he understood how to attract clients, what they want and how to deal with them. Already, he has got a degree in electronics and worked on major projects with famous names like marks and Spencer, abbey national and baring securities. So he has got a clear idea of how the technology is changing in his field. He had a clear understanding of the business needs and client requirements. So every industry needs a hybrid manager like graham Johnson. The hybrid managers should possess an organisational specific knowledge, i.e. both technical and economics.As said by justin yifu lin, global economy is driven by improving domestic markets. Domestic markets are driven by enterprises. Enterprises are driven by hybrid managers. So from the above concept it is clear that hybrid managers are important for the economy to flourish.As we know the accredited situation of fluctuating economic scenario, the person in charge should understand the new turbulent world of business. The ma nager being the person in charge should be able to answer the questions on new economic world order.So what is so new about the new world economic order?According to Alan .M .Webber, the analyst of Harvard business school, the answer isA qualitative shift is taking place in the ways companies compete, managers manage, and business is conducted. At one level, that shift has familiar elements-for example, from chain reactor production, mass marketing, and mass organizations to flexible production, niche marketing, and networked organizations. But even shorthand descriptors such as these dont capture the power of the change and the enormous implications for managers.So the answer lies with the change in the mind set of the managers. In addition to be able to do programming, the managers should also concentrate on complex economics of the business. defer global economy needs high level of technical knowledge combined with essential information management skills to accelerate the busine ss to achieve the pre determined goals within the specified time limits. The essential skill which makes managers to be called as hybrid managers must be identified and they must be trained with the time to get the best talent out of them. With a few notable exceptions, many of the organizations are preparing a strong priming work in developing hybrid managers for solving the challenges of real world management problem.ConclusionToday, the worlds economic crisis can directly be attributed to worlds management crisis. In 1990 a British compute ball club (BCS) report UK, companies were exhorted to train circa 10,000 people to become hybrid managers by 1995. The British computer society understood the importance of hybrid managers and their role in building the British economy and subsequently the world economy. It is to be understood that UK is one of the main victims of global recession that shook the world in 2008-2009. If the foresight of BCS is met with, its economy wouldnt have suffered as it has happened now.Better late, than never. So in order to understand the fluctuating and versatile global economy versatility in management is required. . Nandan Nilekani, CEO and MD of Infosys Technologies, had said while speaking at the Indian make up of Management, Bangalore recently, that what the world required today was a new breed of Hybrid Manager- the versatilist. Nilekani further addedA versatilist has the ability to apply skills more intensively to situations. Hence, they gain new competencies, build new relationships, and assume new roles. One should be equally at ease with technical issues as with business and strategic. You have to synthesize knowledge, experience and the context to create value.