Top 10 Golden Rules of Establishing an Effective Management in Your Business
The word “Manager” gives a headache more than anything else in this world. Never seen a person who becomes happy when we talk about managers and their management style.
But why is it so? Why is it a common problem across different industries? Why do companies not prioritize to improve their management to receive better employee efficiency?
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| GoFounders |
It all depends on the factors that are looked at while hiring managers for their business operations. Most of the time, companies hire managers based on their experience, members they have managed in the past. Sometimes, they are judged by some situation-based questions to identify team management skills.
But their interview processes mostly exclude essential aspects of a manager that could help to achieve organizational goals.
What are the ten golden rules that could help your business to have effective management?
1. Consistency:
Managers should have consistency in their management style. That means, as a manager, one should always promote ethical practices and discourage behaviors that go against company policy. In case any inconsistency is observed by the employees or the leaders above them, then it could create a trust issue, which is a piece of bad news.
2. Completeness and Correctness in Communication:
When instructing team members, summarizing meetings, or conveying company updates, managers should prioritize clarity, accuracy, and thoroughness of communication. If complete and accurate information is not shared with team members, then it could lead to missing deadlines, incorrect processing of data in hand, or violation of company policies.
3. Goal Setting for Working as a Team:
Of course, teams are supposed to align with organization goals, but managers need to create and share goals that bring together individual roles under one shed as a team. Effective management can be achieved only if individual team members work to inspire each other. Working in isolation should be discouraged, and a collaborative working style should be promoted.
4. Vocal Recognition and Reward for Hard Work:
It is a common management rule to reward the best performers. But it would be great if managers vocally announce their name in front of the entire team so that it motivates them to keep performing and raising bars.
At the same time, reward them with goodies or anything that your company can afford to present to the performers each time. This way, other members would like to be in that place to receive the same or better rewards next time.
5. Lead by Examples:
There is a fine line between a manager and a leader. However, managers should always strive for being a leader who can guide and inspire others. Don’t just ask your team members to follow the rules. When you follow them and show better results at your position, your team members start following your path to success.
6. Recognize Who Fits Where:
Not everyone is the same. Every individual team member has a different set of strengths and weaknesses. Hence, a manager’s role should be to identify who can handle what responsibilities. While you assign each member a task, keep them informed about their weaknesses so that they work on those aspects to improve and grow. READ MORE
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