As per a recent report announced by Gartner, the applicability of AI is expected to take over managerial responsibilities by 69% by 2024. This is enough proof that new technologies are all set to lower the routine and one-time responsibilities of managers.
Does this mean managerial jobs will cease to exist? Of course not! The role of managers will very much exist, the only difference being they would now have to oversee activities that are serious and impact-driven in nature. With the same under consideration, it is necessary for managers to stop seeing new technologies as a threat.
In today’s write-up, we at the Jagannath International Management School, one of the best MBA colleges in Delhi NCR, will shed light on the many benefits that new technologies are endowing management professionals with. So, let’s have a look.
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Automation to Your Rescue:
As a manager, even though one of your key responsibilities is to ensure apt delegation of tasks, it is vital for you to oversee your subordinates and make sure that all tasks are performed to the fullest, that too in a time-bound manner.
Now, if the said task is to be performed manually, you are likely to experience hurdles in the form of a lack of accuracy and time delay. This is where new technologies come to your assistance by making automation possible. Automation helps you to track performance in line with the pre-set benchmark, improve areas that appear weak, and ultimately ensure that time doesn’t play a spoiler.
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Improved Geographical Reach:
We at the Jagannath International Management School, being one of the best MBA colleges in Delhi NCR, very well understand that once you are selected to step in the shoes of a manager at an MNC, you will be required to manage people and processes beyond domestic boundaries. Now imagine, if in case all functions were manual, it would be next to impossible to ensure global reach. This is another limitation that new technologies help to do away with. Improved geographical reach ensures more active minds on one task, which means a higher probability of the task being completed to full satisfaction.
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Anytime Learning and Development Opportunities:
As a manager, you need to take responsibility and accountability for the performance of your team members, shortfalls in the outcomes produced by them, and any challenges that they may face. That said, we understand it would be really challenging for you, as a manager, to show up in support of every team member every time. Instead, a better way out is to make each one of them self-sufficient.
One of the best ways of acting in this direction is by making information available at your team’s fingertips. How does that become possible? By using new technologies that make learning and development possible on the go. This is a win-win situation for both the manager and the team members. The end result here is managerial duties being performed more effectively.
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Optimum Security:
Cyber-attacks and information theft have become common occurrences nowadays because of heavy dependency on technology. This is another area that the manager is expected to take care of. This only adds additional stress and worry to the manager’s plate. Here again, utilizing new technologies is believed to ease this pressure by keeping safety and security concerns under check. These technologies make sure that open ends are covered and information leaks eliminated. As a result, managers are able to focus on their core responsibilities without having to worry about aspects that are out of their control, thus making them more efficient in their roles.
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Personal Growth and Better Prospects:
A big win for managers as far as the new technologies are concerned is not just limited to their current organization but goes way beyond. When managers start working around new technologies, they get to imbibe experience and expertise in never tried before areas. This does not just push them into meeting their current organization’s goals but, at the same time, makes it possible for them to enhance their skills and grab meaningful prospects. Moreover, with the additional piece of knowledge and information, the manager can become better equipped to climb the corporate ladder and grab a better position and pay package. This, for sure, is enough motivation for managers to break the cycle of monotony and be more accepting of utilizing new technologies to their benefit.
New Technologies are a Boon for Managers!
If you are already a manager or an aspiring individual willing to take up management roles in the near future, it is quite possible for you to be in two minds as far as new technologies are concerned. If you fall in this section, this write-up makes an apt read for you!
We at the Jagannath International Management School, ranked among the best MBA colleges in Delhi NCR, want each of the existing and aspiring managers to know that new technologies are only going to ease your lives. So, stop being averse to them. Yes, you must have the necessary know-how about their use to derive optimum benefits from the same. Thus, lay your efforts towards upskilling yourself with the latest technologies, and your life as a manager shall be a cakewalk.
