. This gives staff more authority, holding them accountable for their own work. Award programs are employed to recognize the contributions of employees and continuous training keeps the staff up-to-date and informed. In this more web-like structure, there are more opportunities for staff to become directly involved in the running of the corporation. This hands-off approach, enables managers to recognize the knowledge and expertise of front-line employees and production workers. In this new mode, there is more opportunity for everyone to communicate and contribute ideas. Other industries are keeping up with this trend towards new age management. A branch manager at the Bank of Montreal’s, Theresa Wyss, has updated her ways of managing. She once could sum up her style of management in one word – autocratic. But these days she believes in the value of the team. One of Wyss’ techniques is that she leads by example, acting as more a facilitator than a manager and coaches her employees to build on their strengths. This new style made some employees feel awkward participating in decision making at first, but after Wyss made her commitment, everyone else just joined in. Why have these changes in managerial styles occurred? An interesting approach to the cause for this shift into the modern management style, is that the “today’s trend toward empowering others rather than leading by authority has been fueled by the increasing economic activity of women.” (Fast Company 49) Now although this narcissistic, nave, and disillusioned woman may feel she has a point, the fact of the matter is that the Western world was really the only one who failed to keep up with their people’s changing minds and ways, and it was only when they realized how insuperior they were to the Asian parts, that they copied their ways. It was not because of women! The real reason for the shifting of management styles is the changing value...
