Competent and effective managerial skills are the foundations upon which you can develop a sustainable and lucrative business. Below, I’ve listed seven skills that you need to develop to exercise managerial excellence. If you can transform yourself into a successful manager, you can heighten the productivity of your company, and thus establish a reputable business presence.
Allocation of objectives
It’s key that managers can assign and convey clear objectives to their employees. These objectives must be discussed with your employees to identify what resources are required, so that clear roles and responsibilities can be assigned and agreed upon. If you can effectively communicate these objectives to your employees, you will successfully achieve your outcomes and boost your business’ productivity.
Comprehensive written and verbal communication skills are crucial for successful management. In today's era of globalized business and online social networking, successful management relies heavily upon inter-cultural business communications. You must be able to express your business directives clearly and concisely across cultural and language boundaries to develop positive relationships with employees and prospective clients.
Working well with others
To be a successful manager, you must be able to work well with others to improve your company's overall performance. It’s essential that you develop coaching, mentoring, and facilitating skills to manage employee performance and offer constructive and encouraging feedback to support your employees’ development. Consider implementing creative training and coaching programs for all of your employees such as Wilson Luna and Rich Dad to motivate them and heighten their work performance.
You must be able to constructively debate several different business options to make logical, constructive, and astute actions, which are appropriate and beneficial for your company. To be an efficient manager, you must practice educated judgment and be aware of when it’s necessary to implement decisions and changes. If you practice diligence and impartiality, you’ll present yourself as a credible and competent manager.
If you can effectively inspire and motivate your employees to heighten their performance in all areas of their work, you’ll produce a successful and confident workforce. As such, your employees will be more likely to achieve their full potential. It’s vital that you acknowledge and commend employee achievements and offer motivational incentives such as career aspirations and financial rewards, which will give employees a personal objective to aim for within their work. Moreover, a successful manager leads by example; if you communicate your ideas effectively and work diligently, your employees will emulate your practices. Successful digital agencies Realia, Adecco, and Twitter stress the importance of maintaining a positive workforce and have subsequently developed tremendous growth in a short time by rewarding staff, including offering generous stock options in their company.
To become an effective manager, you must first accept that you can’t do all of the work by yourself. To run a productive team, you must learn how to prioritize and delegate; aptly assigning tasks to suitable employees, as well as knowing how to communicate expectations so that employees can easily meet their project objectives.
Conflicts will inevitably arise within your work environment. A successful manager must know how to deal with conflict appropriately and diplomatically. You need to reduce the risk of any problems negatively affecting the workplace environment and depleting the motivation and productivity of your employees. Embrace that your workforce will be comprised of various different personalities from a wealth of different backgrounds. Remember that although these differences may produce conflicts, they also provide learning opportunities and the potential for company growth.
Communicate regularly with your team, and if it looks as though problems may surface, discuss them with your team, thus demonstrating a collaborative effort towards resolving any issues. A successful manger will be able to work with, as well as lead, his team, which will inspire productivity and improve employee morale.
— Rachael Harris is a freelance writer from England. She specializes in writing on management and education but also writes across a variety of other topics. She has worked with a number of top FTSE 500 companies in the UK.