What separates the men from the boys in business management? Well, during the 2005 Atlantic tropical hurricane season we saw many large corporations and even small businesses in their local communities rise to the occasion and they had managers and strong teams in place to handle a crisis. It is easy to tell Wall Street that the unfortunate hurricane dampened your sales during that quarter. But it is a wise company whose business management sticks together, works together and manages the crisis correctly.It is not every day that you find a business management team, which can handle such crisis as large category hurricanes. However, in the 2006 Atlantic tropical hurricane season it is expected to be a big one and we will see winners and losers in the marketplace due to mother nature’s wrath. Is your business management team ready for the 2006 Atlantic tropical hurricane season or are you betting on the Donald Trump “Blame Game” Apprentices TV Series style excuse tactics to explain your underperformance to Wall Street?Whereas mother nature makes the weather it is up to a strong management team in each business to make a profit and that means planning in advance, having a strong supply chain and been prepared for anything including the crisis that mother nature brings when she brings us these Super Storm category hurricanes. Consider all listen 2006.
The main reason that some businesses do not flourish is because they do not allow innovation to take root and yet it is a crucial element of business management and growth. A business that lacks creative minds is for sure bound to fail eventually.Therefore, as a business owner put in place systems that allow ideas to grow and creativity to thrive. Most business owners lack the knowledge on how to take on and evaluate new business management ideas. The other thing that hinders creativity is when there is a battle to prove the idea is worth trying by two rival individuals.Managers who feel threatened when juniors come up with great business ideas will do all they can to stamp down these ideas. Therefore, as a business owner come up with systems that will reveal ‘idea smashers’, and it is simple, label them for what they are. By doing this you will create a level playing ground for all.Naturally, there are people who do not like change, they like playing it safe and maintaining the statuesque. They will not tell you so, but their actions will reveal what they are hiding. A business owner has to avoid working with such individuals since they prohibit business growth. The best people to work with are those who are open to new business ideas.I love how Bernard Shaw puts it “Progress is due to the unreasonable person. The reasonable person seeks to adjust the world. The unreasonable person seeks to change it.” As a creative business manager, look for ways to develop a sense of innovation in your staff.You can read more on best business management tips by following the links below.
If you wish to join the ranks of business executives, you need to plan and prepare. Success will never fall in your lap with the exertion of no effort on your part. Many businesses require you to have a college degree in business management before you can become a part of their management team. Most executives also study on their own time. Books and seminars can do much to keep you current on business trends. Certain business specialties require you to have training and experience within those specialty areas before you can participate in them.Here are a few of the skills you will need to be effective in business management:1) Listening. The most effective leaders take the time to listen to the employees. You must be able to discern their fears and concerns. Take the time to hear them out.2) Patience. Some employees are more high-strung than others. By working with them patiently and with real compassion, you can help many to become greater contributors to your company team.3) Goal oriented. You not only need to make goals for yourself, you need to be able to get others to set business goals and be actively working toward their achievement. Too many managers simply tell the employees in their charge what the daily, weekly and monthly goals are without input by those same subordinates. The employees feel no particular need to reach such goals. They should be included in the goal-making process. Employees who regularly meet their goals on time and within standards should be rewarded in some way for their efforts. Business trips, extra time for lunch breaks, or personal days off work are all positive ways to recognize goal achievements.4) A sense of fair play. Many employees feel slighted when left out of the specific training they need for advancement. The term “fair-haired child” is bandied about in too many business settings when certain employees continually receive preferential treatment over others. On the other hand, some employees use threats and intimidation to get their own way around the office. You can put your entire structure in danger if you yield to such tactics. You need to set limits on nonconstructive employee activities, and enforce your rules as fairly as possible.5) Motivation. You should learn motivational techniques that will help to keep the employees happy and content. Cross-training, employee awards, monetary awards for using no sick leave, and other acts can do much for employee motivation. The best motivators know their employees. The things that motivate one employee may not work as well for another.It won’t do much good to wish you luck in your path toward a business management career, as luck seldom has much to do with success. Instead, best wishes to you in your endeavors as you study and work to achieve your goals.