The portrait of efficient manager in

Russia
Created by Petr Chechulin

Successful management has always been the problem for any of existing historical and
economical situations. Beginning with pagan gods and continuing till Steve Jobs, Jack Dorsey
etc Power has always required the most sufficient ways of getting things done.
One of the first references to scientific management is The Art of War by Chinese general
Sun Tzu in the 6th century BC. He recommends being aware of and acting on strengths and
weaknesses of both a manager's organization and a foe's. Simple but important, the theory of
management has changed a lot for more than 2 and a half thousand years. Millions of books,
articles, researches have covered various sphere of leadership, motivation, execution etc.
Important is that society has changed a lot as well so most of basic concepts of Sun Tzus
text would need lots of adjustment nowadays regarding on geography, economy, society, labor
market, level of feminism etc. Gender-equal Californian rules of employment are hardly
applicable to conservative countries like Egypt or Syria.
Same story about motivation. Positive motivation works great in well-developed
countries like USA or Germany, where average citizen has reached higher levels of Maslows
pyramid. But once you try you use positive motivation in 3rd World countries like Morocco it
wouldnt work that good because employees have no requests to cover but basic needs.
This is certainly an exaggeration, but my idea is pretty clear. I want to say that sufficient
management would vary according to different criteria: geography, culture, climate, kind of
activity, age, gender, goals, importance of wealth etc.
The topic Im going to cover here in is the portrait of efficient manager in investment
business in Russia. Having experience of working in the best wealth management company in
Russia (BEST INVESTMENT COMPANY OF THE YEAR by SPEARS 2014) I have some
idea about image of best representatives in field.
To begin with, I would like to give the definition of the word investment company.
According to Investopedia, A corporation or trust engaged in the business of investing the
pooled capital of investors in financial securities. This is most often done either through a
closed-end fund or an open-end fund (also referred to as a mutual fund). In the U.S., most
investment companies are registered with and regulated by the Securities & Exchange
Commission under the Investment Company Act of 1940.
If you are young, talented and not experienced (yet) young men from around US than you
should try Wall Str. out to let your dreams come true. Started in 3/8/1817, NYSE has always

been the place where one can get reach as hell just in a few months as well as go broke just one
night.
Gathering best minds of the US, Wall street has always been the consolidation for young
talented individuals willing to possess highest levels of power, money and honor and ready to
work their asses off to get what they want.
Having this said, we have pretty much clear shape of fresher: young (18-25 y.o.),
impudent, sometimes (more likely often) self-overestimating, talented, a little nave, using both
critical and analytical thinking, super hard-working and with an attitude of constant learning,
have various both economic and social knowledge, negotiation experience and . Fresher
represents the desire to develop and has constant feeling of what he wants but no idea how to
get it.
So once you happen to become manager, youve got to be experienced. Your
subordinates are willing to follow your leading but it has to make sense and the directions
provided should direct them to experience subordinate needs to either succeed tight now or
improve their skillset that will help in future.
Second, you should be patient. Your impudent employee is going to expect the immideate
result every single day so the ideal manager should be able to specify the goals, deadlines and
checkpoints within. KPI is going to help managing a lot.
The ideal supervisor should be capable of giving the correct advice for any problem/
question his employee has. This is a very general tip, but manager has to war down respect of his
employee (might seem tricky, but once your subordinate idolizes his boss, hes now able and has
a desire to follow any single tip his boss is giving to him).
Ideally chief is the person his subordinate would like to be like. I wish I were my boss
is the best option in here. The question of motivation is not any important here anymore (its
self-destructed) so the only thing manager needs to do is to keep his image and say: I had the
same situation some time ago, but I worked hard and fixed it so thats how I got here. And you
can do the same
Last, but not the least. The chief has to be both smart and educated. Investment business
is the place for sly people so once youre not an example anymore, you stop being sufficient that
means youre not needed anymore and you either get downgraded or fired. Theres one rule:
Never stop your progress. Once you take a break, youre not competitive anymore that means
youre out (again)
These are the key competences that ideal chief corresponds. But not only its performance
defines the best manager, but also responsibilities he implements to within (and not only) that
clarify his right to be at the helm. More likely it is supernumerary activities that he implements (like
spending his own priceless time for extra training employees (though its often easier to hire new ones)).
His