Schools Training

Three Essential Skills for Business Management

18 FEB 2014
Career Path : Administration

Efficiently managing a business requires more than a bright smile and people skills. It requires more than a flashy badge or tenure that employees should somehow respect.

If you’re in the field of business management, you need the skill required to be able to coordinate, to recognize people’s strengths and weakness, to negotiate and to solve problems as they occur.

Let’s examine the three skills essential to business management.

Relationship Building and Team Development

When you’re placed into the position of manager, you need to be able to communicate with everyone above and below you. This requires getting to know people on a person-by-person basis which also lets you get to know what each individual’s strong and weak suits are.

Building relationships with your employees means that you can treat them as more than just another co-worker. You can grow to depend on them and know what approaches work best with them. You can understand what makes them work more efficiently while trying to steer clear of potential problems.

Once you’ve built up enough relationships with key individuals, you can start to develop a team within your department or business. You’ll know what skills each person in your team has, which makes assigning individual jobs and parts of a whole task to different people easier. You can also learn how to put people who work the best together on the same task.

If the time ever comes for it, you can replace a lost member of your team because you know what skills and qualifications to look for.

Managing Projects

Projects require a certain level of coordination amongst team members. You need to be able to deal with people just as you need to know how to deal with setting up tasks for individuals to complete with the appropriate goals that will help everyone take steps towards completing that project.

The problem that most managers face is that they’re better at dealing with people or projects, which means that they may not be suited for dealing with both. Taking a few courses at any number of fine business management colleges will ensure that you’re able to deal with both aspects of project management with equal proficiency.

Making Decisions

The most important activity any person in a managerial position has to make involves making decisions for problems, which tend to be complicated and hard to rationalize. To make matters more difficult, each of these decisions tends to have a direct impact on your business. That means every decision counts.

To make the best decisions possible, you have to know how to break down any problem into parts. You need to then understand how these parts go back together to form the entire picture. Once you’ve looked over solution and contemplated alternatives, then it’s time to make a decision.

The unfortunate part about the decision-making process is that very few managers are able to make a decision on the spot. This is bad because delaying making a decision can be worse than any wrong choice.

Visit Herzing College for more information on business management colleges.