MANAGING PEOPLE

It is now increasingly realized that what sets most successful organizations apart is about how they manage their people. This is a reality because the ability to achieve and sustain competitive advantage lies within the workforce. Most top executives today agree that management decisions about labour are the most difficult ones they face. They are now looking beyond the traditional stick and carrot mentality and reflecting on changing times in terms of policies on compensation, hiring, training and other positive practices relating to the employment of people. Managing people effectively involves how to develop future leaders through motivation and empowerment. Managing people means that managers get to lead, to inspire, to motivate, to coach, to guide, and to sharpen and shape the future of people, for them to attain the requisite capacity for higher institutional responsibility.