Key Management Concepts and Skills
Managing people isn’t easy, but with the right tools and skills, you can do it. Follow this section to understand important management concepts, principles and approaches.
brings you different notions of management to enable your managerial excellence and your professional success. Learn the leadership attributes and high-level management skills an executive should possess. Learn how to apply these managerial skills in your real life or in professional situations. Rapidly improve your management skills and boost your Manager skills!
There are some generally accepted truths or communication principles that are important to consider when communicating with others. These principles apply to all peoples of all cultures. By understanding these principles, you will experience greater communication effectiveness. An effective communication system is one that has achieved its objectives. Communication is effective where there are no barriers to communication.
Management principles are fundamental concepts and advisory guidelines for management decision-making. By using the principles of management, managers can more easily achieve goals and avoid making mistakes in their activities. Management principles can be applied to any type of organization and to managers at all organizational levels.
Creative ideas don’t come just like that. There is a process to this. There are a number of creativity techniques to support idea generation, but the widely practiced ones are brainstorming and lateral thinking. Most innovations are not so much the product of sudden ideas as the result of a conscious process that often goes through several stages. The creative process can be divided into four stages of preparation, incubation, evaluation and implementation.
The ten most important qualities that define a good leader are self-awareness, interpersonal and communication skills, ethical values, organizational awareness, self-confidence, adaptability and flexibility, imagination and creativity. , focus and orientation to results, continuous personal development and accountability. and ownership of its shares. These ten leadership qualities that every good leader should possess to some degree and should continually strive to develop.
The quantitative management approach is given by the school of mathematics which recommends the use of computers and mathematical techniques to solve complex management problems and aid in the managerial decision-making process. Managers historically observe quantitative relationships and use quantitative techniques such as statistics, information models, and computer simulations to improve their decision-making.
Frederick Winslow Taylor started the “scientific management movement” and attempted to study the work process scientifically. Scientific management, also called Taylorism, was a theory of management that analyzed and synthesized workflows. It is a system for increasing labor efficiency to its maximum potential and streamlining production to improve efficiency. This article explores this theory in more detail.
What functions does a leader perform to establish themselves as a leader? What are the activities undertaken by them to become great leaders, rather revolutionary leaders? The most important tasks performed by a leader in any situation are setting the vision, mission and goals, directing the team, administrative functions, motivating followers, decision making and resolution. conflicts, and continuous development.
Taylor’s theory of scientific management aimed to improve economic efficiency and labor productivity. Taylor had a simple view that money motivates people to work. He believed that workers should receive fair pay for a fair day’s work and that pay should be tied to the quantity produced. He introduced the differential piecework system of paying wages to workers.
In this study of power, Raven identified five bases of power as coercive, reward, legitimate, referent, and expert. The 5 Power Types can help you decide when it is appropriate to use a particular Power Type in important situations. Leadership involves authority and it is very important for leaders to understand what kind of power they are using.