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The first step toward
becoming an excellent manager is to recognize the power of the
business tools at your disposal. Own them, tweak them, use them wisely and thrive
Business Management Skills Resource
Business management skills
are powerful tools in the hands of the
manager. Regardless the company you work for or the size of the team
that you manage, these skills make you thrive as a
manager.
The traditional definition of management is limited to "the process of
working with and through others to achieve organizational objectives".
A manager's four core areas of competencies are: planning, organizing, directing,
and controlling.
Planning
is
a big part of business management skills. A manager that can
plan is one that has the ability to make things happen. Planning
involves scheduling
activities, assessing, analyzing, setting goals and
objectives, allocating resources, shaping strategies and
timelines. As a manager
you need ensure that each goal
translates into an activity and that
each activity helps meet that goal.
Strategic
planning is a critical element of the managers "planning
process". The role of the manager is evolving beyond "the daily
operational business". Managers are becoming visionary leaders
for
their organizations, they landscape future directions, facilitate
important relationships to maintain reputation and sustainability.
Directing
is establishing and communicating particular,detailed action-plans to
meet goals and
objectives.
Organizing
and
controlling are two additional business management skills
required to be successful in the business world. Organizing involves
compiling and coordinating the resources and such as
human,monetary and other tangible and non-tangibale assets, in order to
trace activities needed to achieve goals. urther, it entails assigning and delegating
tasks to various team members to complete certain tasks and make things
happen. Organizing properly can help you choose appropriate
members of the team to work on specific projects.Choosing the right
people for the job can help you be successful.
The controlling task ensures that work-plans are being implemented and
goals are attained by overseeing and evaluating performance. The
concept of controlling has evolved together with manager's
role. Nowadays, controlling consists of monitoring progress by
providing guidance and support to the employees.
Other
valuebale business management skills:
More and more companies are requiring that managers
display a broad
range of competencies as opposed to technical skills (hard skills).Soft
skills are fundamental to your successful functioning as managers. Good
work ethics, sound and positive attitude, eagerness to learn, cultural
sensitivity, fine business manners and values have huge influence on
employees, stakeholders and organizational setting . If you
are looking to improve the organizational culture, you cannot
do it without tackling attitudes, point of views and soft-skills.
Social
liability is based on attitudes and soft-skills. Cooperation within the
agency as well as a healthy, transparent work environment is based on
attitudes and soft-skills.
Related
Articles:
Basic
Management Skills
Management
vs Leadership
Importance
of Communication
Effective
Business
Communication
Definiton
of Bussiness Communication
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Outstanding Leaders
consider themselves a work in progress
Dr Franklin
C. Ashby
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Management Skills Resource
Quote of
the Month
Minds are like parachutes. They only function when they are open. Thomas Dewar
Management
Terms
Decentralization -
pushing power and decision
making downward.
MBO
- Management by Objectives.
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