Successful managers apply their leadership skills in everyday business functions.
Competent managers are an essential part of a successful business. Most of the business's important decisions, which can make the difference between profit and disaster, are made by managers. In addition, managers have to cope with different departments and employees in a versatile business organization. Managers must have certain skills, acquired through their education and professional experience, knowledge of managerial techniques, as well as the ability to put them into practice.
Managerial Skills in Business
The core skill of managers is their ability to solve problems quickly and make decisions, plan the stages of a task in detail, assign specialists for each task, gather and evaluate data from every department, and manage internal communications and maintain team spirit in the organization. These skills can be applied in every organization, such as a sports club or a political party, but it's in business where managerial skills are tested to the limit.
Application of Managerial Skills
The success of a business depends on quick, accurate decisions. For example, a soft drink company must respond to the success of its competitor. Whether to launch an imitation or introduce something new is the manager's decision, along with responsibility for the results. Detailed plans for a task help organizations determine the time and cost, as well as identify where a mistaken action has taken place. Internal communication will allow mutual help between departments and convey information about their performance quickly to management for evaluation. Maintaining team spirit is an extra motivation for the work force to work together toward a common goal.
Management Techniques
Managerial skills are similar in every organization, but the way they are applied -- called management technique -- varies. Some managers are autocratic, imposing strict rules and closely supervising their departments. Another technique is paternalistic: Managers care not only about the success of the business, but also about how they feel about their work or their place in the company, and they encourage feedback. The democratic technique is a high-trust system between managers and employees, in which employees make the decisions in their departments.
Techniques Into Practice
Managers must make their intentions clear on how the organization will function. Autocratic managers supervise their departments closely, either in person or through the department leaders, and make sure they work according to the predetermined plan, putting emphasis on the results. Paternalistic managers must be ready to adapt their management strategy according to employee feedback, but try not to disrupt basic functions. Democratic managers try to predict the outcome of decisions made by others and warn when a decision seems to be mistaken.
Tags: their departments, about their, Application Managerial, Application Managerial Skills, every organization, make decisions