Thursday, May 29, 2008

Game Theory works well at the work place too

The goal for each one of us at the workplace is simple. As managers not to have too much dependency on their subordinates and as subordinates to create maximum dependency of the superiors and peers on them. The organization can function well only if there is a balance between the two extremes.

The reasons are quiet obvious. For ex: If the manager tries playing the game extremely and will not allow any single person to work on a single project for sufficient amount of time and keeps switching them across projects then his subordinates will not be able to gain expertise and this will end up in a disaster for the company. In the same way if the subordinate plays the game in an extreme manner then too the result is the same, as he will end up losing his team spirit and will not share his knowledge and expertise with his peers.

The conclusion is simple both the players should play the game in a good spirit to reap the maximum benefits. In this way the two players will not only benefit themselves but could also help the organization reach its objectives.

5 comments:

Chetan Viswanath Saligram said...

Personal experience eh?

Nice post..Though, it is a challenge when the sub-ordinate becomes the manager..a smooth transition is the key!

Kalpay said...

Thank you for commenting.

Yes all thoughts have come from personal experience itself :).

Yes, I agree with the comment.

Strider said...

Well, don't you think a manager's role is to delegate responsibility rather than to minimize his dependency on others? A good manager will necessarily trust and depend on her subordinates' ability to deliver..

But I do agree with what you've said about subordinates..

Kalpay said...

The main point here is the goal of the manager should be to effectively distribute or delegate the responsibility to every one and not to a specific person because by doing so he will become overly dependent on the specific person. I mean is not only to get the job done but to have foresight as well i.e. he should have his back up plans ready.So, if everyone in the team gets exposed to everything( though not comprehensively as it may not be practically possible) then he can easily overcome the dependency problem.

J-T said...

You seem to be a deep thinker. I think you would enjoy the book "The Black Swan". I think you and the author speak the same language.

I check out your blog to see how your business school application process went and it appears you have not posted about it. Best of luck!