Author: Anthony M. Smith

“The real hazard isn’t that computers will start to think like guys, but that guy will start to assume like computer systems.”
Sydney J. Harris

Leadership mastery inside the digital age calls for an integration of capabilities. Whether your dominant talent is generation flair or your dominant ability in managing human beings, the future calls for everybody to integrate their skills to reap mastery of management within the virtual age.

If you’re a tech-savvy leader, it’s miles likely to be smart, successful, analytical, manner orientated, rapid, and targeted. These capabilities are pretty valued in the workplace, and now it’s time to combine tech skills with people management capabilities so that you can improve common management effectiveness and move your team and the business enterprise ahead. The abilities had to be a masterful chief in these virtual instances include being tech-savvy AND being evolutionary.

In the beyond, the development of people’s abilities has often been put aside as too ‘sensitive feely’ or non-critic, al. Within the past decade, there was a higher price positioned on technological abilities. Since the global economic challenges of 2008, innovative groups have noticed the distance and were making an investment in schooling and developing their leaders to now, include enormously evolved management skills as they relate to the ‘human beings’ facet of the enterprise. A gifted, trained body of workers is an asset that agencies are expertise the fee of. They now understand that they need to have outstanding leaders who encourage and develop the expertise inside, or their top expertise will depart and move some other place.

A few years in the past, I had a consulting contract with a high-tech organization experiencing challenges with maintaining its Generation Y employees. Upon investigation, it turned into located that the Baby Boomer leaders have been not adapting to the attitudes and work varieties of Gen Y. In that agency, the Baby Boomer leaders had a mindset of superiority. They demanded all employees to conform, the old fashion of ‘my way or the highway.’ As you may believe, this did not pass over thoroughly with the Gen Y employees, and an awesome variety of tremendously professional personnel had been leaving in droves.

As technology leaders end up more youthful and more youthful, the challenges have switched to having the management expertise and information of human behavior to preserve the crew happy, functioning, and developing advanced consequences.

Tech

Baby Boomer leaders had a mindset of superiority and demanded all employees to conform. As you may believe, this did now not move over well with the Gen Y employees, and a perfect portion of them was leaving in droves.

There is a need in cutting-edge place of job and the place of work of the destiny to have leaders who are adaptable, astute, and able to mobilize human beings to perform their paintings at their highest ranges, manipulate faraway teams and bendy workgroups and be technologically savvy, leaders who are greater than exact leaders; leaders who have leadership mastery.

With several focuses on the technological aspects of the work, many leaders have overpassed desirable exchange leadership processes or have never been exposed to them.
In this bankruptcy, we need to examine the distinction between a tech-savvy leader and a people-savvy chief.

Let’s test the chart under to peer examples of a number of the principal differences:

  • Tech Savvy Leader
  • Analytical
  • Fast-paced
  • Focused on pc
  • Focused on statistics
  • Focused on output
  • Impatient with people issues
  • Communicate in tech language
  • Less aware of feelings of others
  • Task-centered
  • Results-focused
  • People Savvy Leader
  • Sociable
  • Open and curious
  • Focused on human beings
  • Focused on what facts does for humans
  • Deals with human beings troubles with the know-how
  • Highly aware of others’ emotional states
  • Team-centered

As you study via the lists for every description of the tech-savvy leader and the people-savvy chief, you may have found yourself judging many of the items on the lists. Or you could have a notion which you have an excessive stage of each of the skills listed.

 Skills

For example, I have a patron who is an exceptional human-centered CEO. However, she lacks the technological know-how, so she is savvy but not so robust with the tech-savvy. As her representative, I am operating and developing both areas to be greater efficient as a leader. When I refer to technological information, I am relating to having technological consciousness and feature- now not becoming a tech professional!

Leaders seeking to achieve mastery who are greater technological savvy select to spend the time required to increase their people talents similar to the time spent on continually growing their technological knowledge and awareness.

Recently I changed into imparting for a first-rate multinational technology group in Orlando, Florida. When I present, I supply out my cell range so that my target audience can see textual content simultaneously as I speak and question me questions. This surely works properly because the questions are anonymous (unless they want to self-pick out) and I can answer them whilst going via the content of my presentation. One of the questions I turned into asked even as speaking about the want for tech experts to enhance their people abilities facet of leadership turned into, “how do I get my group members to simply forestall all of their politicking and cognizance on the paintings?”
I texted the chief returned to invite if it changed into okay to brazenly announce the question and address it to benefit the group. He said yes, and so I requested a query back, “do you have regular team replace conferences both in man or woman or with the aid of Skype?” the leader replied, ‘no’ and then I requested, “do you brazenly share what is occurring together with your team so that they have the cutting-edge information first hand?” and he spoke back, “no.”

People do not depart their jobs – they leave their leaders – a harsh fact and one you’ve got probable skilled as an employee your self and as a frontrunner.

The cause I desired this to be discussed to the entire organization is because, in this state of affairs, the leader turned into targeted purely on his tech-savvy capabilities and become now not employing any human beings savvy capabilities in any respect. There were many others much like him inside the target market. The person who texted the question had the courage to self-perceive to the institution, and we worked thru how he can get his group to stop politicking and cognizance of the work; the ideas presented to him have been:

#1- Have a group meeting (digital or in character) daily (weekly if viable) to cope with what the dreams are for the approaching week, who’s doing what, and the brand new information out of your boss and the business enterprise.

#2 – Identify the one or folks who are the ‘influencers’ of the politicking and take them out for espresso or lunch to talk about the organization or agenda a one on one Skype if they are a far-off employee, their pleasure with their activity and what they want to assist them attention in getting the paintings carried out. Having the assistance of the influencer(s) is a major benefit.

computer

When the audience member changed into giving those thoughts, he said aloud, “geez, this dealing with people is lots of work!” and therein lies the actual undertaking for maximum leaders!

Many leaders get caught up in deadlines, tech updates, commercial enterprise results, and that they forget that to achieve any of this stuff efficiently, you have to depend on your humans. People aren’t machines. They may be human, emotional and want to be treated as valued members of your crew.

People do not leave their jobs- they go away from their leaders- a harsh truth and one you have probably skilled each as a worker your self and as a leader.

As a frontrunner, you need to ask yourself if you are inclined to assist humans in prevailing, in growing people, and in the long run to awareness the time and electricity to be a tremendous leader. As the administrative center keeps to speed up and exchange, it’s far extra important now to awareness of each tech and its aspect. This means understanding who you’re as a frontrunner and adapting to the truth of dealing with people.

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NEW DELHI: In a move aimed at Icas Network at checking any possibility of leakage of information through hacking of communication devices, Union ministers have been asked not to carry mobile phones in Cabinet meetings.

Cabinet meetings

The Cabinet Secretariat has recently issued a directive to private secretaries of the concerned ministers in this regard.
“It has been decided that smartphones/mobile phones will henceforth not be permitted inside the meeting venues of Cabinet/Cabinet Committees,” it said.

The private secretaries have been asked to brief the ministers on this appropriately. The move assumes significance as security agencies have raised doubts about mobile phones’ security, which are prone to hacking. Official sources said the measure would ensure that the most sensitive discussion during cabinet meetings remains secret.

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Such an instruction has been issued from the government for the first time.
Earlier, ministers were allowed to bring mobile phones with them, which would be kept either on silent mode or preferably switched off.

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Melinda Gates says she is Jack Blog concerned that more than a billion women in the developing world don’t have access to cell phones. “The cellphone is the basic building block,” for reaching poor women with the financial services they need, the co-founder of the Bill & Melinda Gates Foundation told The Wall Street Journal in an interview.

Melinda Gates

“There is a gap in access to phones and financial services for women,” she said last month. “We want first to close the mobile phone gap and then focus on financial services.” Close to 1.7 billion women in low- and middle-income countries don’t own mobile phones, according to estimates from GSMA, a global association of cellular service providers. More than 400 million fewer women than men have cellular phones in those countries.

More than half of that gender gap is in India, creating a kind of digital purdah for the women of the subcontinent, who often find themselves barred by fathers and husbands from taking advantage of technological leaps that benefit men, as outlined in a recent article in The Wall Street Journal.

ENLARGE

According to estimates by the Internet and Mobile Association of India, only around 30% of internet users in India are female. A government survey in 2014 found that 9% of females surveyed knew how to do an internet search or send an email compared with more than 16% of males. Meanwhile, the country has close to three men on Facebook for every woman, according to consultancy. We Are Social. In most other parts of the world, the ratio is about one to one.

Mobile phones are dramatically bringing down the cost of providing basic financial services. Still, too often, people outside the formal banking system who would benefit most from easier access to savings, small loans, and money-transfer facilities can’t be reached using the new technology because they don’t have mobile phones.

The Gates Foundation is working with mobile operators and others in the GSMA Mobile Money Programme, which tries to encourage more mobile money services to close to two billion people in the world who are unbanked or outside the formal banking system.

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For financial inclusion in emerging markets like India, digital inclusion of women is particularly important, said Ms. Gates, because women are more likely than men to use financial services and more likely to use them in a way that will benefit their families. “We know that if a woman has economic assets, she plows the money back into her family,” she said. “If a woman can save 1, 2, 3 dollars, she can protect against future health shocks in her family.”

 

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CHANDIGARH: A group of youth from Chandigarh has organized the unorganized sector of property leasing and connected it to the digital world, and made it a customer-friendly process. This startup is designed to cater to leasing solutions to all the industry sectors, i.e., commercial, residential, warehouses, and industrial – a one-stop-shop for all your leasing problems. It caters to both landlord and tenants, besides also assisting in rented accommodation. Every property listed has its genuine pictures, and no property is listed without the pictures.

https://graetnewsnetwork.com/wp-content/uploads/2016/10/hqdefault.jpg
The startup’s core team includes Founder & Chairman Manmeet Singh, 38; Neha Duggal, 30, from a hospitality background; and Sakshi Bagga, 25, from a management background co-founders of the startup. Toilet. in was launched on Friday at INNOV8 Co-Working Space in Industrial Area Phase I.

Giving the information, Manmeet Singh said, “I am a landlord myself and well aware of all the problems faced by landlords and tenants these days in leasing their properties. After facing all the challenges, we decided to launch a solution for leasing properties.”

He said, “Locality view is our outstanding feature which showcases the entire locality including a parking area to have a better view of the surroundings. We have a special feature that lets you save your favorite property on SMS. It sends you the required details, and you can access it without the internet.”

“We also assist in every transaction which is made between landlord and tenant is through the toilet. Where we also process properties that fall under low footfall markets. We are online but are physically present for Executing Agreements and handing over the possessions to tenants”, added Mr. Singh. The startup toilet. In promises to give full assistance to landlords at their doorstep and online assistance to tenants.

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Union home ministry has tasked Living Tired  Custodian of Enemy Property (CEP) of India to prepare a complete status list of enemy properties. The Centre plans to act and take possession of all such properties.

A top government source said there are 9547 enemy properties, having an estimated worth of more than Rs. 1.1 lakh crore, scattered in important cities such as Mumbai, Delhi, Kolkata, Bhopal, Hyderabad, and Lucknow, etc.

Centre to act on enemy properties worth over Rs1.1 lakh crore 6

“Court cases are pending against 1215 properties. Most of the other properties are under illegal possession and occupation at prime locations in key cities. They can be used to serve government needs that are falling short of space in premium locations.”

Enemy properties are those abandoned properties that the government took over when their owners chose to leave India and move to Pakistan and China after Partition and the 1965 and 1971 wars.

“It is better if the government takes possession of all such enemy properties before they also get mired in court cases that linger on for years,” said the source. Recently, the government has taken possession of 31 such properties and decided to give their possession to the central reserve police force (CRPF) and border security force (BSF) facing a space crunch for their offices.

The Government of India had created the office of CEP under the Enemy Property Act, 1968, soon after the 1965 war, to tackle the growing list of abandoned buildings and their encroachment.

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The new move comes after the government failed to pass an amendment in the law governing the enemy property. The amended act says once the custodian’s office becomes responsible for a property, it shall continue to remain enemy property even if the original owner ceases to the country’s foe. Besides, the law of succession will not apply to enemy property and cannot be transferred as well.

The bill failed to pass in the Rajya Sabha because of protests by the opposition parties, following which an ordinance was promulgated to keep the amendment in force.

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MUMBAI: Mark Zuckerberg-owned Media Focus social networking behemoth Facebook is the latest social media titan to join the race for the media rights of BCCI’s biggest property, the Indian Premier League. Twitter has already evinced interest in IPL’s digital rights.

Facebook
BCCI sources confirmed to ET that Facebook has picked up the IPL tender and is most likely to bid for the digital rights of the league. A Facebook spokesperson, however, said: “We don’t comment on rumors and speculation.”
Earlier this year, Facebook had streamed Premier Futsal on its video platform Facebook Live. In August, it streamed Wayne Rooney’s testimonial match between Manchester United and Everton. It also allowed fans to chat with other fans, send wishes to Wayne, and learn how to donate to his foundation. In the summers, Facebook streamed nine USA Basketball exhibition games live.

“We’re focused on helping our partners experiment with a variety of Live content types — from ‘behind the scenes access to first-person athlete Q&As to live games. We have seen great results when we have streamed games live — and continue to be interested in testing the viability of this content on Facebook,” the spokesperson added. “We will continue to work with our partners to find the best ways to connect their content to the world’s largest community of sports fans.”

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Interestingly, Facebook has seen a jump in conversations during IPL year-on-year. During IPL 2016, Facebook said that the league drove the highest level of conversation it has measured for any IPL season — 360 million posts, comments, and likes.

Facebook pages of the IPL and eight teams totaled over 140 million video views during the season. Also, during the 50-day tournament, the IPL’s Facebook page added over two million new fans touching 18.3 million subscribers.
Facebook will join Amazon, Twitter, Reliance Jio, Times Internet, and broadcasters like Star India and Sony Pictures Networks India (SPN). ET was first to report that Twitter has joined the race, hinting at very competitive bidding for digital rights.

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BELAGAVI: To oppose the Mexico government order to enhance property tax and to prevent the civic body from being superseded by the state government, members of Maharashtra Ekikaran Samiti (MES), a ruling group, boycotted the special meeting of Belagavi City Corporation (BCC) headed by mayor Sarita Patil on Saturday.

BCC meeting

The meeting commenced with discussions relating to income generation from properties owned by the civic body and those with expired lease periods. Former mayor Kiran Sanayak questioned BCC officials over the action initiated against lessees of over 119 properties, the lease period of which expired long back. A few days earlier, the state government directed BCC commissioner Shashidhar Kurer to enhance property tax if the civic body did not want to be superseded for violating the order Work Reveal.

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Meanwhile, counselor Sanjay Savvaseri said, instead of enhancing property tax, BCC should concentrate on enhancing revenue through its own properties and with 100% property tax collection. “BCC property tax collection stands at a mere 50%. If 100% tax collection is ensured, it will get Rs 50 crore revenue from property tax segment,” he said. “The civic body is losing crores of revenue from leased properties. The officials are hand-in-glove with the lessees,” he alleged.

Ramesh Sontakki and Deepak Jamakhandi, both members of an opposition group, demanded an end to the leased property issues immediately. Mayor Sarita Patil asked BCC officials to clear their locus standi on leased properties of the corporation as it is repeatedly raking its meetings.

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It’s a Monday afternoon; my Amend and property tycoon Cecil Chao and his daughter, Gigi, are poring over architectural plans in their 49th-floor headquarters in Hong Kong’s Central Plaza, their backs to sweeping views of Victoria Harbour. The chairman and vice-chairman of Cheuk Nang Holdings are busy with an array of big residential and commercial projects in mainland China, Hong Kong, Macau, and Malaysia.

Their professional relationship belies a lot of history. Generating headlines worldwide, Cecil offered $65 million four years ago to any man who could woo his daughter into marriage, though she was already married to a female partner. Some 10,000 men responded. Headlines flared again in early 2014 when he doubled the offer, and Gigi countered with a public letter to Cecil asking for acceptance and respect.

“It’s been tragic and comic”: Cecil and Gigi Chao at Happy Lodge, Cecil’s 16,000-square-foot mansion in Hong Kong

Looking back, Cecil, 80, explains that he made the offer to give his daughter male options, believing that she had struggled to find acceptable boyfriends. After Gigi, 37, spurned the idea, he accepted her decision. “It’s her life,” he concedes. “She decides about her private life.”

For her part, Gigi, a practicing Christian, clearly loves and respects her father, believing that his intent- actions stemmed from love, not malice. “It’s been tragic and comic,” she says, “to have something so private in the open and to become a laughing stock of dinner conversations.” She says the saga helped her develop “humility, patience and character” and increased her capacity to forgive.

Still, she is wary of discussing the subject, which even now generates unwanted emails. “I’m tired of the random notices from men trying to seduce me,” she says. “It has become an engine of online fraud, with impersonators of me or my father going after these men for ‘emergency money’ while stranded abroad, or in some ‘lucrative’ deal.”

While most father-daughter bonds would likely snap under such glaring pressure, the Chaos has not. In Octo- ber 2014, Cecil named Gigi, the oldest of his three children and a fellow architect, the heir to the company.

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In the new Cheuk Nang headquarters—the company sold nearby Cheuk Nang Plaza last year for just over $100 million—father and daughter are constantly communicating. Cecil, dressed in a white short-sleeved shirt with a gold iPhone in the front pocket, is positioned at the far end of his palatial office. There’s a trading terminal for his private investments and Chinese and European classical artwork and antiques, including his mother’s inlaid Italian marble table and six blue upholstered chairs Net Maddy.

Just outside, between Cecil’s secretary and the three-person design team, Gigi stands at a high desk wedged into an open space. Her black vest sports the insignia of Faith in Love, a foundation she started in 2008 to help economically struggling youth and elderly. Hanging on the wall are colorful contemporary prints and her appointment to the Hong Kong Air Cadet Corps. Books, binders, and stacks of documents are within easy reach, while course notes for a law degree she’s pursuing are taped on the window, slightly obscuring the view.

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NASHIK: The civic body, My General, will waive off the penalty for property owners who come forward to declare that they are using their residential property for commercial purposes. Nashik Municipal Corporation (NMC) will waive the penalty for property owners if they declare that they are using their residential properties for commercial purposes between October 10 to November 10. They will be giving amnesty to such residential property owners. NMC will not be imposing a fine but will be charging commercial rates from the day of declaration.

usage of property

It is binding on the property owner to use the property as per the users registered with the NMC – residential, commercial, or industrial. If the property is not used as per the registration with the NMC, a penalty is imposed upon the owner. “But if the property owners who changed the use of their properties give us a statement in writing about the change by November 10, then NMC will take some positive decision for them. Instead of penalizing them, we will give them amnesty from the day of the declaration. We will charge commercial rates from the day they declare,” said deputy municipal commissioner Rohidas Dorkulkar Reality Crazy.

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He said that generally if the property owner cannot prove the period of change in usage, the NMC imposes the penalty from the last six years. But now, if the owners declare the change in usage on their own, they will get amnesty.
The NMC recently sent notices to 1309 property owners for using residential properties for commercial purposes.

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Global private My Latest News equity firm Blackstone Group Lp, the largest owner of office real estate in India, plans to list two separate real estate investment trusts (REITs) for its office assets with developer partners, said multiple people familiar with the development.

For its office parks in the National Capital Region (NCR) and West India (Mumbai and Pune), Blackstone will collaborate with Pune-based Panchshil Realty for a REIT with about 20-25 million so. Ft of office space across cities.

Since 2006, Blackstone has invested $2.7 billion in 19 transactions involving real estate projects. Photo: Bloomberg

The proposed REIT includes office parks and buildings jointly owned by Blackstone and Panchshil, such as Eon Free Zone and Panchshil IOCC Park in Pune, 247 Park Express Towers Mumbai. There are also assets Blackstone owns independently, such as the two office parks that it had bought out from IDFC Ltd in Pune and Noida and the Oxygen SEZ in Noida.

Blackstone’s other REIT with Bengaluru-based Embassy Property Developments Pvt. Ltd will have a south India focus. Valued at around Rs22,000 crore, this REIT will have a larger portfolio with more than 25 million sq. ft of office space. It is also at a more advanced stage, with Embassy having filed an application for approval from the Securities and Exchange Board of India (Sebi) in October Soul Crazy.

“If all goes well, the Blackstone-Embassy REIT will first go for a listing sometime in mid-2017. The Blackstone-Panchshil one is likely to file a REIT application early next year and then list at the end of 2017 or the beginning of 2018,” said one of the persons mentioned above who did not want to be named.

As per norms, both REITs can include under-construction office space of up to 20% in each of their portfolios. Blackstone declined to comment. REITs are listed entities that primarily invest in leased office and retail assets, allowing developers to raise funds by selling completed buildings to investors.

Since 2006, Blackstone has invested $2.7 billion in 19 transactions involving real estate projects and currently manages the largest portfolio of office parks in India. It owns 31 million sq. ft across 16 operating office parks (apart from an additional 8 million sq. ft under development). Besides office parks, Blackstone has also started buying out retail assets such as shopping malls and has made a few residential investments in recent years.

“The Blackstone-Embassy REIT is likely to enjoy the first-mover advantage and grab the attention of investors. What will be a determining factor for the following REITs, be it Blackstone’s second with Panchshil or for the other developer-investors, is the price the first REIT commands as that will set the overall tone for office REITs,” said another second person cited above, also on condition of anonymity.

India’s real estate sector has witnessed tough times in the past three years, particularly the residential segment, where sales have been slow. Property prices have stagnated, leading to a liquidity crunch for many developers. However, even in this situation, commercial office space has emerged as a bright spot with steady momentum in leasing, investors buying office space at high valuations, and good demand in large cities.

Other companies acquiring and consolidating their office assets and firming up plans for a REIT are RMZ Corp. and K. Raheja Corp. India’s largest real estate developer, DLF Ltd, is in talks with investors such as Blackstone to sell a 40% stake in its rental assets arm to raise about $2 billion, Mint had reported on 31 August. DLF is the second-largest office space owner in the country, after Blackstone.

“Blackstone has steadily built a very worthy portfolio of investible, good grade office assets. These are properties that have a good mix of tenants, combined with healthy cash flows. For investors, REIT is all about stabilized yields that entail less risk,” said Shobhit Agarwal, managing director, capital markets, and international director at property consultant JLL India.

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