8 Essential Skills Required of the Modern Manager
Management and leadership is one of the most written about topics in the business world. What is important is often the subject of fierce debate and the occasional trend.
However, whilst new methodology and ideas are crucial to expanding skills and learning new things, there are some core skills all managers should have as a foundation on which to build:
1. Motivation and Delegation
Managers have the responsibility to find out what motivates their colleagues and ensure that they do everything in their power to help them perform at their best.
2. Communication Skills
A manager cannot hope to get the best from, or motivate their people if they cannot connect with them. Communication skills must be honed in order to have meaningful exchanges with lots of different types of people.
3. Performance Management
Becoming a manager means taking on responsibility for the performance of their team, it is essentials for the organisation that they can manage this effectively.
4. Budget Management
Financial understanding leads to better business decisions and better results. It is often overlooked by organisations who may use brief internal training as a substitute for proper understanding of financial documents and reporting.
5. Emotional Intelligence
Only a few years ago this may not have made the list, but it is widely accepted as crucial for modern managers who must remain objective, understanding and compassionate for their team in often turbulent environments.
6. Project/Change Management
The past few years has taught the business world a great deal about uncertainty and managers now need to be adept at managing change and project work is only becoming more and more common.
7. Coaching and Mentoring
Managers simply must know how to support and develop their people to lead a successful and happy team.
8. A Style of Their Own
Managers and leaders must develop a leadership style, those leaders that constantly change their style are unpredictable and chaotic. whilst styles can be adapted for situations, there should be a consistent authenticity to their style.