Business Management courses teach students the fundamental skills of running or managing a business, of course. They graduate, earn a degree and then land a job. Along the way, the industry advances, bringing with a lot of changes – from strategies to solutions. To keep up with an ever-evolving world, they take up training courses – such as management – to enhance their skills and knowledge and, hopefully, work their way to the top.
Management is basically the ability to ensure things are done in the right way by the members of a certain organization. For managers to be effective and efficient, they must apply specific skills categorized into conceptual, political, technical, interpersonal and diagnostic.
The Management Skills These people believe that the management of a business is made up of five major functions: planning, commanding, organizing, control and coordination. However, to achieve steady success, the manager needs to apply deeper skills. They include the following;
1. Planning This is the most vital; it entails recognising goals and then coming up with ways to achieve these. It also entails evaluating different costs along with the time needed to achieve the named goal. The plan needs to be well documented and reviewed regularly.
2. Commanding This is refers to building confidence among the members followers and always showing appreciation. The leader develops a sense of commitment to the team, which is focused towards the growth of the business. He should be able to influence his members to follow him.
3. Organizing This entails task assignment and resource allocation in the entire business. It also involves setting and achieving key business goals. Plus, it involves the sectioning of activities into tasks. Afterwards, the tasks are assigned to employees with the right skill set. Being able to organise also means being innovative; whereby, the manager should be open to new ideas that help with the company’s growth.
4. Coordination and Control This skill entails the establishment of operational communication between the team members and other teams. It helps greatly when tracing activities for the main purpose of attaining goals. When there is coordination in a group, nailing targets is more effective and possible.
Control, on the other hand, entails the setting of standards and guaranteeing that the performance of the members meets these standards. It also involves taking the right action in the right manner when necessary. Coordination goes along with control, since they somewhat work together. Here, the manager should develop the right channel and strategy of the team members working together. In addition, they should ensure that the strategy is working as expected.
5. Direct Thinking This is all about directly focusing on a certain goal. This skill is crucial to establish a particular idea, since it entails a purposeful and logical thinking that will help achieve the given goal. It helps solve problems, making it a diagnostic and conceptual management skill.
6. Effectiveness The leader should be willing or able to work effectively with his members, with the aim to achieve goals. His effectiveness is all about doing the right thing at the perfect time. He might have the right skills or resources but use them at the wrong time. This can lead to waste of resources and time.
7. Strengths and Opportunities Knowledge The leader should be aware of the strengths and opportunities of the business. To know this, he should understand the potential and the availability of resources.
8. Threats and Weaknesses Knowledge The manager is expected to know the weaknesses, in relation to resource management, and should find ways to fix them. He should also be able to spot the threats and work on countering them. Plus, he should be able to tackle every negative situation in an effective way.
9. People Skills This helps with proper human resource management. He should have the ability to get the best out from his team members. He should be able to handle and change every type of person in an organization, with the aim of reaching specified goals.
10. Approachability This involves the creation and sustainability of a friendly environment in the team. It is all about allowing the members to feel at liberty to present their concerns and ideas. They should be heard and their concerns well catered to.
11. Communication Skills This helps with the development of effective teamwork, a contributor to successful management. In order for a manager to keep the members together, there must be positive and effective communication. He should be able to convey his ideas to the members in a professional manner, so they know what or what not to do. Having good communication skills is expected to be effective enough – within the team and outside; wherein the latter involves the customers or other partners.
12. Foresight Skill A manager must able to see and identify potential threats to the business. He must be well prepared for any of these by designing and implementing a contingency plan. This skill assists him when evaluating future requirements, especially while rising to challenges. Conclusion The ability of making the right decision at the perfect and most suitable time is what effective management is all about. Once the decision is made, the manager should find better ways of implementing them. Acquiring the relevant skills is one of the benefits of taking business management training courses. Even if you’ve obtained a BMA degree, training with experts is still necessary to up your game and qualifications.
|