Whether you’re in charge of a large corporation with several smaller departments – each with their own senior head, or you manage a smaller company, you will already be fully aware of the importance of good management – your business depends on it!

But even the most amazing managers, can learn a thing or two about better management! So here, just for you, is a comprehensive guide on how to bring out the best in your workforce.

The Fundamentals of Business Management

Obviously, the world of business management, is multi-faceted and highly complex, however the fundamentals can be broken down into six main sections, as follows:

  • Monitoring: the overseeing of employee productivity on a day-to-day basis
  • Rewarding: the praising and rewarding of employees who are performing exceptionally
  • Measuring: the evaluation of your employees’ performance  – how well and how quickly   
  • they meet their individual targets
  • Interaction: the quality of communication between all personnel
  • Discipline: how well your employees stick to the rules and how disciplinaries are handled
  • Recruitment: ensuring the right people are employed for the right roles

Work on Open Communication

As with any team or group, both in your professional and personal life, the more open, honest and interactive you are as a leader, the more productive and ‘on board’ each employee will be. Effective communication can instil trust and promote better teamwork.

In this modern age of technology, there are a multitude of ways in which you can use the internet and indeed, your company’s private intranet, to create groups, informal rooms and more formal meeting spaces, to convey information to your employees in a fast, free and time-effective way. 

Other ways to be a more communicative manager include the following:

  • Be an active and engaged listener
  • Make yourself more available than you currently do
  • Keep in mind your employees’ futures, as well as the company’s
  • Always look towards the bigger picture
  • Cut hard-working employees some slack when necessary

Study Workplace Trends

As with other aspects within the world of enterprise, it is always an incredibly beneficial move, to study workplace trends within your particular industry, with a view to planning ahead to broaden your business, and more specifically, keep your staff up to speed.

It is therefore advisable to check out CoAmplifi, to find out more about workplace management trends, so your company is able to stay ahead of the game, whatever the future brings. 

Set SMART Goals!

Lastly – but not the least, in terms of useful tips – it is vital to base your company ethos and ethics around your ultimate goals and overall vision for your business, and drive home these values to each and every employee, both old and new.

An effective way of achieving this, is to set specific objectives, both in terms of the overall company direction, and within each different department – follow the SMART guideline:

  • S:    Specific
  • M:    Measurable
  • A:     Attainable
  • R:    Relevant
  • T:    Time bound 

By Eddy

Eddy is the editorial columnist in Business Fundas, and oversees partner relationships. He posts articles of partners on various topics related to strategy, marketing, supply chain, technology management, social media, e-business, finance, economics and operations management. The articles posted are copyrighted under a Creative Commons unported license 4.0. To contact him, please direct your emails to editor.webposts@gmail.com.

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