Refining Your Management Skills: Run Your Business Effectively

shutterstock_145054210If you’ve started a business, or you help to manage one, you probably understand that building that business was only step one. Having a great plan with quality goods and services to sell won’t automatically ensure success. For that, you’ll need the equally important step two: proper management skills.

The good news is that management skills can be learned. When you act as an excellent business manager, you increase the chances of your employees working harder for your company. This, in turn, helps increase your chances of success within your industry.

Even if you’ve been in a managerial position for a long time – or if you’ve achieved even higher levels within the business, and act as CEO – you should consider updating your skills and ensuring you continue to manage well. If you need to refine your management skills, consider the following ways to brush up and add to your knowledge and abilities:

Manage Employee Morale 

Obviously, your employees are not simply workers who live to increase outputs and productivity—they are human beings and will respond well to support and positive feedback. Of course, this doesn’t mean you have to withhold all negative comments and shower employees with praise, it simply means you need to remember to treat others, regardless of position, with respect and kindness.

Focus on the strengths of your employees, says Brian Tracy, a leader in the leadership industry. Encourage them; positive leaders create motivated workers who desire to perform well. Also focus on what needs to be accomplished, and keep the big picture in mind. Avoid nitpicking and micromanaging your employees.

Recruit an outside source to help you, or consider taking online courses like those offered at Online offering like these are great for those of us with busy schedules who are looking into honing our management skills on the side.

Consider offering some type of incentive or reward program for outstanding employees. Rewarding individuals who regularly go above and beyond will encourage continued efforts, and might motivate lower-performing employees to give more of an effort and improve.

Regularly Evaluate Performance (and Stay Organized)

Good managers will track performance of individuals and the company itself. Understand the numbers and what they mean for the business. Once you’ve analyzed the data, you can go back and implement changes, new policies, and improve upon existing processes in order to increase production and profits and lower expenses and overhead costs.

Of course, you won’t be able to effectively run the business by analyzing data and putting necessary changes into place if you’re highly unorganized. Management prowess includes having organizational skills, so don’t neglect to keep these sharp as well.

You also want to make sure your personal tasks are organized. Use calendars, planners, and to-do lists to help keep you on track and focused, and you’ll want to ensure company-wide systems are organized and effective.

First, make sure there actually is a system in place for most tasks. Standard procedures will keep things running smoothly, allow for multiple people to work on various tasks, and reduce confusion. Next, automate what you can. Set up automatic email responders; task a knowledgeable employee with creating a FAQ or scripts for more inexperienced employees to reference instead of going to their superior and using up valuable time.

Increase Your Skills and Knowledge through Managerial Training

If it has been a very long time since you’ve had any sort of proper training, you might want to consider attending a management class or taking a type of global training course. Even if you are extremely experienced and manage businesses and employees well, there are always new methods to learn and new ideas to absorb.

Being a top-quality manager requires a hugely diverse skill set, and it can be difficult to motivate yourself to continuously self-learn and put new skills into practice, along with all your other responsibilities and job duties. Recruit an outside source to help you, and consider taking something like a SAI Global Training course. You’ll have the option of doing in-house or online courses. These choices are important, as they allow you to fit training into your schedule at your convenience, and you’ll be able to acquire even more managerial skills to better manage your business and employees.

Kinga Hárskuti

Kinga Hárskuti is a freelance writer, and occasional guest poster. Her main interests are Business, Marketing and Communication.

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