What skills do members of the management team require to ensure their company's profitability in these difficult times? Executive search firm Korn/Ferry has conducted a study on the subject and found that companies with a particularly high rate of mentally agile, emotionally adaptive and socially flexible managers enjoy profit margins that are up to 25% higher than companies with a lower rate of such managers. How do these characteristics affect organizational performance? Nurit Berman, CEO of Emda, explains that the changes brought about by globalization in terms of economic development and organizational structures require flexible managers who can motivate employees and turn crises into growth opportunities.
