If you have just been promoted to a managerial role, Congratulations! Now you need to consider the effective management skills required to be successful in your new role. Here is a summary of the key effective management skills to think about.
A good manager is expected to plan well and meet targets. After the initial settling in period, meet your team for a goal setting/review session. Clarify exactly what outcomes you are aiming for in the short and long term. Employees are inspired when their manager has a clear vision and encourages a two way dialogue.
Brainstorm to find new ways to improve your processes and to set stretch goals. Use the SMART guideline - aim for goals that are Specific, Measureable, Achievable, Relevant and Time-framed.
Plans are essential, but will only work if you have a team that respects and follows your lead. So how are you perceived as a leader? Find areas you can improve on. Good leaders use a range of approaches depending on the situation.
For example, if your business is making a loss, you need to take fast, decisive action to control costs. You make decisions that you expect the team to follow. On the other hand, if you need to build more efficiency into your systems, you need to encourage your team to get creative. Listen to their ideas with an open mind and get them involved in implementing new approaches.
A key skill of a good manager is to get maximum value from the given resources. For example, are you aware of the individual skills of team members? some may be good at looking after the detail, whereas others are creative, or good at networking. When you are assigning tasks, keep this in mind.
Set a good example to the team by the way you organise yourself; check out our time management tips for new ways to manage your time and minimise time wasters.
And finally an effective management skill is to keep a close eye on resources, working to a set budget as far as possible. If you work for a large organisation, it is very easy to forget that a healthy profit margin is essential for survival. Is there a waste of resources in your business?
Some typical causes of inefficiency I have come across include in-effective meetings, crisis management and un-necessary documentation or record keeping. So what can you do to get back control? A good starting point is to set up an inter-departmental team with the goal of finding ways to reduce waste throughout the business.
The path to improving management skills takes time. You can't learn how to manage from a text book alone - it takes practice. So what makes a great manager? Remember to plan, lead, organise and control your way to success, and congratulate yourself on the progress you make along the way.
Read our latest newsletter - Avoid the Pain of Employee Turnover - 3 Steps to Maintaining Business Performance or view our back issues for more concise tips on practical management skills.