
Mastering twelve core management skills, encompassing planning, decision-making, action implementation, performance recognition, innovation, and employee development, is essential for driving efficiency, achieving strong financial performance, and ensuring long-term business success.
Primary Implication
Managers are either highly effective, or they aren’t. The most effective managers affect the efficiency, effectiveness, and quality of the work performed at four levels comprising twelve management practices.
Failure to become skilled in each of the twelve management practices results in a business suffering from restricted cash flow and poor profit performance.
Overview
Being accountable for results involves twelve management skills consistently seen in highly effective managers. Each skill area directly impacts the efficiency, effectiveness, and quality of the work performed. Failure to become skilled in each of the twelve management practices results in a business suffering from restricted cash flow and poor profit performance.
Management skills one through four provide the mechanics for establishing objectives and standards.
1. Gather Information
2. Synthesize Information Gathered
3. Create a Plan
4. Make an Informed Decision
Management skills five through nine are the action steps of management, ensuring that work gets done as planned.
5. Organize Your Resources
6. Communicate Clearly
7. Encourage
8. Direct, Guide, and Counsel
9. Measure, Evaluate, and Control
Management skill ten reinforces what works, so it keeps on working at its best.
10. Recognize and Reward Results, not Effort
Management skills eleven and twelve ensure the future success of your company.
11. Promote Profit Innovation
12. Develop Your People, Individually, and as a Team
It’s essential to follow through on these twelve management practices for establishing objectives and standards and then ensure that the designated work is completed as planned. Ultimately, any management skill failure hinders your ability to ensure the future success of your company and will result in your business experiencing restricted cash flow and poor profit performance.