Every business is built upon the pillars of strong management. Be it managing your own business or serving as a manager in an esteemed company, you need to put your best foot forward as you step into a manager’s shoes. So, to help you become a better manager, we have compiled a list of 7 steps for you to include in your daily practice. Here they are:
1) Enroll for management programs:
The world is changing rapidly. We can see that in the evolution of business models. The way most businesses, at least the successful ones, are being run today is a sharp contrast to how it used to be two decades back. So, when the business is evolving at such a fast pace, shouldn’t its manager too? Out-dated and orthodox management techniques wouldn’t get the results you need. You could sharpen them with help from some fun yet informative courses and programs like the Australian Owner Manager Program.
2) Understand your employees:
A subject needs an object to act upon. Quite similar to the structure of a sentence is the structure of a business. A manager needs people to manage. Efficient management begins when you realize you need the people you handle just as much as they need you. To truly serve your purpose, you should have an understanding of your people. An in-depth analysis of their individual personalities and potentials would help you in allocating them the tasks that truly fit their caliber.
3) Set out practical goals:
Since we are speaking of task allocation, it’s important that a manager sets the right targets. A manager needs to allocate assignments with practically achievable timelines. He also needs to ensure that all the short-term goals align to achieve the long-term goal just in time. Again, an understanding of each employee would aid in setting realistic expectations from the business on a whole.
4) Reward them:
Every time someone achieves their targets as per the timeline agreed upon, a reward should be next in line. Now, rewards could range from shopping and travel vouchers to a heartfelt acknowledgment of the achievement in front of the whole team. A manager should have different levels of rewards decided for different achievements.
5) Strategise and review:
Research shows that an efficient manager spends over 60% of their time strategizing how to push the organization closer to its vision and evaluating the current procedures. Decision making is a core responsibility for a leader and requires absolute attention.
6) Be choosy about who you hire:
To ensure that you can dedicate your hours to strategising and reviewing the current scenario, you would need a highly qualified team of employees, who are capable of fulfilling their duties without much hand-holding. You can not afford to waste your time doing every task, thus, you need to be very selective on whom you onboard. An experienced professional would reduce your workload, whereas if you are looking for freshers, be prepared to teach them everything.
Nothing wrong with that! Every business could make use of young brains. However, you should only choose people who are willing to learn and grow with you. It is time-consuming to spend months on training and grooming people, only to find out they left shortly after, and now, you have to repeat the whole cycle again. Ensure that your employees are passionate and steady, above all qualifications.
7) Promote discipline:
A strong work ethic can get your business the reputation of a reliable brand. How does one inculcate work ethics in their team? Simple, by promoting discipline! Punctuality, honesty, and respect for commitment are the basics that every business thrives on. If you would like your team to imbibe these traits, inspire these values in them by practising them yourself.