A successful business manager has the responsibility of identifying business opportunities, organizing and co-coordinating the factors of production and ensuring profitability. The following qualities are basic for every manager
Clear objectives
A manager must have clear objectives. This is a prerequisite for success because it makes sure that you are focused towards a particular goal.
Mental ability
This simply means intelligence and creative thinking. A manager’s analytical ability helps him in engaging in problems and situations in order to deal with them.
Business secrecy
A good business manager must be able to guard business secrets. Leakage of business secrets to trade competitors is a serious which should be guided against. Your staff should be able to keep your secrets and therefore do a proper staff selection.
Human relations
Some managers are known to have bad relationships with their staff and customers. This is just the beginning of failure. Maintenance of public relations most of the time makes the difference between the successful and poor managers
Effective communication
Good communication means that the manager has the ability to put his/her points across effectively and with clarity.
Technical knowledge
The managers are dealing with situations where sophisticated technology is involved. You must have a reasonable amount of technical knowledge.
Decision making
Running a business requires taking a number of decisions. Here a manager should have the capacity to analyze the various aspects of the business so that he/she arrives at the right decision.
Risk bearing
There is an element of risk in every business, hence, a manager should be prepared to accept failure in its proper perspective and view failure as challenge and opportunity.
EFFECTIVE LEADERSHIP AND ADMINISTRATION
Everyone is a leader in his own ability and capacity. The success behind any kind of organization is effective leadership and administration. However, there are people who are born as leaders but it's important to note that leadership and administration is an art and every art can be learnt. I have met many people who never thought of being leaders but have effectively learnt the art of leadership and emerged as leaders to be admired.
In any kind of leadership, the first area of effective administration is the administration of funds. Be it in business, government departments, church or any other kind of organization, you will have the most effective leadership if you learn to use the funds properly. If any of your employees wants to paralysis your operations and bring down decades your leadership, the first place to target is your finance or/and accounting department. Your employees in this area should therefore be people of integrity and who have internalized the vision of your organization.
The second area that determines how effective you will be in your leadership is managing people. The human resource directly affects the operations of your organization. You must begin by placing every employee in the department where he/she will work best. You therefore begin by identifying where to place your staff. This means that an effective leader is close his or her staff and spends time them. After placing them in their rightful places, you need to monitor their performance. Performance of your staff is closely tied to motivation. Every employee needs to be motivated. This entails different strategies. Know which kind of motivation to use. It is not necessary to promise your staff a reward for good performance. This may bring in unhealthy competition, hatred and lack of cooperation between staff who want to out-do each other. Therefore reward unexpectedly.
Motivation may be as cheap to the organization as recognition, but make sure you recognize a staff in the midst of others. Do not do it in a closed office. It may not serve the purpose. Other strategies may include promotions, gifts, added responsibilities and increase in salary. You must also ensure that your staffs are working as a team. Working together ensures the staffs are focused towards the goals of the organization.
Effective leaders give an ear to every stakeholder of the organization. Know that the whole organization is looking on you to give direction. Begin by listening to every stakeholder then give a direction. Sometimes it's necessary to give directions basing on what you believe is best for the organization regardless of other peoples views. But this should not be always because it does not mean that you are always right. Conflict resolution strategies are important. Know that there will always arise conflicts. The win/win strategy works best for most organizations. Therefore make sure that each of the conflicting parties does not feel offended.
Wednesday, July 15, 2009
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