The best leaders in business look toward the future rather than looking back. They are focused on the prospects of a bright tomorrow rather than the problems that may be stalling them at the present.
A lot of people don’t understand what it takes to manage people through delegation in order to make a business successful. Business owners and managers feel that they know everything in the business and since they are the ones who set the goals and directions of the business, only they can run things to make the business prosper.
A big mistake!
What if I tell you that your business can actually have more success without the backing of decades of experience? Would you believe me? I think you would more likely be skeptical. A lot of us believe that for a business to succeed, we need to have people who are experts in the industry, someone who could steer the business into the path of sure success. But, let me present to you a different perspective on this point.
Managing people requires a lot of hard work. Leadership doesn’t involve only leading individuals, it involves developing good teamwork. For a team to be successful, having skilled people is the least of your worries. To be a good leader, what you really need is not to focus on individual talents but to think about the entire team as a whole.
In running a business, a manager may encounter problems when dealing with team members’ performance that involve three specific issues.
The first involves Human Resources. The basic problem is that sometimes the wrong people are hired by HR. Second is in knowing which employees to invest additional time and effort in to train further. The third and most difficult issue is in knowing which employees to fire and determining the right time to do it.
A mentor is a person who is armed with the knowledge, experience, and skills of a specific field who is willing, available, and able to share the vast trove of information with another individual.
Mentors need not be older, of higher job position, or have longer years of experience in the organization. The main requirements of mentoring is the sharing of the knowledge, the skills, and experience with someone who needs them. In most cases, it is not the knowledge that is important but the experience – how that knowledge is applied – that matters in mentoring.
Micro-managing is a management style where a manager works closely to observe and control the work of his/her subordinates or employees. This type of manager doesn’t trust employees to accomplish their responsibilities without close instruction and there is very little trust and respect shared among the individuals.
Employee engagement is a management approach to ensure the workers commitment to the organizational values and goals by motivating them to contribute to the organization’s success. It also aims to enhance the employees’ sense of well-being. Employee engagement involves the creation of conditions in which employees offer more of their potential and capability to the organization, resulting to increased productivity.
We’ve heard it time and time again and far too often don’t follow this sage advice – Get it in Writing. It seems simple and obvious. People don’t always do what they say they will.
Laine Lawson Craft had been a successful businesswoman for over 20 years, most of those owning her own business. She knew better, yet it only takes one occasion of trusting someone who doesn’t keep their part of an agreement to have the lesson reinforced – Get it in Writing.
Financial planning is important for everyone, and for individuals in management and leadership positions who have the potential of earning millions of dollars over their career, it is important to pay adequate attention to the topic. These individuals also are in a position to have substantial savings at the end of their career, so the sooner they get on the financial planning path, the better.
Self examination. This is the best way to know whether you are being a good leader or not. You can always say that you are different from all the other leaders out there, from Obama to Yeltsin. Yes, this is very much true. One leader is different from another. What you think may work best for your people may not work for others. The trick here is to ask yourself the question: “Am I being a leader?” You are the only one who can answer that.
The communication skills of a manager impact his or her success in the organization. The manner in which a point is made will determine the quality of leadership they possess.
Communication is complex, as it entails more than the words a person uses; it also involves when and how the information is shared. Messages are delivered more by a person’s body language and the quality and tone of their voice than simply by the words chosen.