SlideShare a Scribd company logo
1 of 17
2VentureClub.com | “The smartest investment club in the world.”
What is Not Management?
When people think of management, some people think
of a Dilbert Cartoon.
Other people think of an archetype of a manager in a suit that
screams and yells, or is out of touch with the project the
manager is managing or the business as a whole.
Management is not yelling. Management is not Co-ercion.
Management does not equal endless meetings that get
nothing accomplished.
3VentureClub.com | “The smartest investment club in the world.”
Management - Defined
Let’s define management – Management is
defined as the process of receiving an
output by a group.
In other words, a manager is solely judged by
the output of the team that he is managing.
Good output = good management.
Bad output = bad management.
4VentureClub.com | “The smartest investment club in the world.”
Manager as Role Model
First and Foremost a Manager is a Role Model
A good manager leads through personal example.
A good manager leads by the axiom – “Do as I do, versus do as I say”.
There are multiple hats or multiple roles that a manager must play. Let’s examine some roles.
5VentureClub.com | “The smartest investment club in the world.”
Leading through Actions not Words
Let’s look at one example of a Manager being either a positive or negative role model.
The most common example of being a poor role model is when a
manager implores his employees to work hard, while taking off
everyday at 3 PM to play a round of golf or meet a group of
friends on the golf course.
A good manager gets commitment and a hard work ethic from his
employees by working hard and committed himself to the business.
6VentureClub.com | “The smartest investment club in the world.”
Manager as Employee Trainer
The next role a manager must play is that of being the Head Trainer
Training is perhaps a manager’s most valuable tool in his toolkit.
Training is always done around a specific competency, and can be
use to address either hard and soft skills.
Some examples of high leverage training is:
 role playing interactions with clients, both for the sales or support
team
 training to bring the entire company up to date
on the latest features of a given product or service
 training in specific software such as Microsoft Powerpoint
or Excel.
7VentureClub.com | “The smartest investment club in the world.”
Manager as Chief Feedback Officer
Feedback is an undervalued tool in the manager’s toolkit.
Feedback, when delivered effectively, can provide invaluable
feedback to employees and team members, and can
dramatically increase both the quantity and quality of output.
Examples of the best feedback is feedback that is
 easily actionable
 prescriptive versus descriptive
 feedback that applies to a task often done by the
employee.
It’s important to understand that it is a manager’s job to be
patient and iterative with his employees. In other words,
feedback is a dynamic process, and the focus should be on the
improvement of results over time, versus an unrealistic
expectation of perfection (which can be very demotivating to
employees).
The next role a manager must play is that of being the Chief Feedback Officer
8VentureClub.com | “The smartest investment club in the world.”
Manager as Key Decision Maker
The next role a manager must play is that of the Decision
Decision making authority is a tool akin to the stick in the
motivation toolkit and should be used sparingly and only when
consensus building is not capable of leading to a decision.
Buy-in is an important aspect of motivation, and “breaking the
tie” should be done a last resort. Though it is a tool of last resort,
it should be a tool confidently utilized by the manager when
needed.
Keep in mind that employees need not agree with a decision in
order to implement the decision.
Similarly to consensus,
agreement on strategy is very nice to have in order to retain high
employee morale, but is not required in order for the employee to
execute a task.
9VentureClub.com | “The smartest investment club in the world.”
Manager as Chief Strategy Officer
The next role a manager must play is that of being the Chief Strategy Officer
It is the role of the manager to not only execute on present day
tasks and output, but also to steer the entire ship in the right
direction.
Part of the role of Chief Strategy Officer includes the ability to
think far into the future. This includes gathering resources (whether
it be political capital, employees, budgets) as well as the compe-
tencies and capabilities needed on the team in order to execute on
the given strategy.
Another way to say this is that a gap today is a strategic mistake
that was made yesterday.
10VentureClub.com | “The smartest investment club in the world.”
Manager as Team’s Head of Human Resources
The next role a manager must play is that of being the Head of Human Relations for his team
This includes attracting / qualifying / and retaining Key talent.
Attracting talented employees starts first with the brand, and having a great work environment. Attract top talent is not about
perks, but is about giving employees something worth working on and an environment where they can excel at their given
talents. [Insert Statistic on people not being satisfied at work]. Referrals are the #1 source of quality recruitment, and it starts
with treating your current employees correctly.
Once you are able to attract people that want to work at your company – qualifying the talent utilizing a predictive interview
process is key in order to avoid mishires. Dr. Bradford Smart, the author of TopGrading and an individual that charges $10,000
per hire for top C level hires, believes that the cost mis-hires are 25X compensation for hires under $100k and 40X time based
compensation for hires over $100k, when taking into account difficult to quantity factors such as opportunity cost, lower
productivity and morale.
Finally, retaining employees is critical. Analogous to the business axiom thatretaining current customers is significantly easier
and more profitable than recruiting new customers, the same holds true in employee hiring. The #1 reason employees leave a
job is because of the boss, not the company, and the #1 reason employees leave a boss is because they feel undervalued.
This is easily preventable through the use of one-on-ones meetings which we will get into later on in this course.
11VentureClub.com | “The smartest investment club in the world.”
Management is an active process. The manager must also
play the role of being a the project manager for key
deliverables and initiatives.
There are two extreme and flawed styles of management,
Micromanagement and Absentee Management, which are
both inefficient forms of management.
I define micromanagement as the over-management and
control utilized on an employee that distracts employees,
lowers productivity, and increases employee turnover.
The exact opposite – absentee management is also poor
management. Absentee management is the 100% lassiez fair
form of management, and can only work in organizations with
highly skilled and motivated employees.
Even in the case of Zappos, which is famous for their hiring
and company culture (previously known as 100 Best
Companies to Work For), the process of self management
failed miserably and led to mass turnovers.
Good management lies somewhere in the middle of micro-
management and absentee management and is more of an art
than science. The right amount of management is deter-
mined by the increase of output in a group and typically
involves the check-in and offer to help by managers anywhere
from 2-4 times a week, depending on the timeline for the
project and the degree to which the task is mission critical.
An important question to ask yourself is “Am I checking in in
order to satisfy my own anxiety or to provide value to the
project. In the case of the former you are micromanaging,
in the case of the latter, you are being a good manager.
Management is an Active Process
12VentureClub.com | “The smartest investment club in the world.”
Management via One to One Meetings
One to One Meeting is absolutely critical for the delivery of much of management. One on one meetings are
scheduled and structured, although somewhat casual, meetings you conduct with your direct reports once or twice
a month. One to One Meetings should not be confused with casual encounters or project based meetings, and
should be focused more on the employee than any one project.
13VentureClub.com | “The smartest investment club in the world.”
The Two Unbreakable Laws of Management
As a best practice, a manager should manage no less than 6 employees and no more than 8 employees as direct
reports. There is a magic to this number and it has been researched exhaustively over many decades and studies with
the same results. For whatever, reason 6 to 8 employees is the right number and allows for the right enough
of reports to insure a lack of micromanagement, and still manageable enough to allow for mentoring, skill development,
and other tools such as the one-to-one meeting.
In the case that an employee is both a manager and has a separate function, the number of employees under
management should change by 1-2 employees for every important role that the manager is in charge of outside
of his managerial capacity.
The 6-8 employees per manager is the golden rule of management, and is utilized by everyone from small business
owners to the former CEO of Intel, Andy Grove, who popularized this concept. The dirty secret of multi-million dollar
CEO’s is that they almost never manage more than 8 reports, effectively running an operation of 6-8 mini companies,
regardless of the thousands of employees underneath every direct report. This is important to know because it makes
management more, manageable, and gives hope that anyone can make a great manager at a company of any size.
14VentureClub.com | “The smartest investment club in the world.”
Overcommunicate, Overcommunicate, Overcommunicate
 Over-communicate to point of awkwardness.
 Be awkward and successful, rather than cool
and not.
 Create a culture of direct communication.
This doesn’t mean that your culture has to be
rude/crude/or unthoughtful but rather that it is
based on direct, task specific and assertive
communication. By role modeling this practice
at the top (even if it is just within your group)
over-communication can become a cultural
norm that will dramatically increase the morale
and productivity of your team.
15VentureClub.com | “The smartest investment club in the world.”
The Two Unbreakable Rules of Management
Rules #1 - Accountability = 1 goal 1 person. No exceptions
Rule #2 - Authority follows Accountability
 The fastest way to decrease morale is to give someone accountability
without authority.
 Accountability and authority is task specific and requires the
accountable manager to be able to access resources from anyone in
the organization, including individuals that are senior to him on an
organization structure.
We’ll get into this a bit more later.
16VentureClub.com | “The smartest investment club in the world.”
Taking Action
Management is an active sport vs. a theoretical science. If we do not implement the ideas of this course,
then it will be an hour of your life that you have wasted.
The best way to gain the most from this course is by starting with pieces of the course that are easy to implement,
and start building small wins.
Perhaps this means being introspective about your behaviors and habits and what you are subconsciously role modeling
to your team.
Perhaps it’s about making sure that every task has one person who is accountable.
Whatever it is – start with one or two small goals and focus on making a difference there. You won’t be able
to help but implement more practices as you start to see success with other practices outlined in this course.
Start small and trivial. Perhaps start by managing your boyfriend or girlfriend, or your parents. Sign up to Fiverr, a
website where you can get cool tasks performed for $5, and practice on managing the contractors. The bad news is that
we humans are emotional creatures, and it will be 10x more difficult to implement these pratices in highly critical or
emotionally charged situations. The good news is that you will start to learn the skills very quickly and it will make for
implementing on critical tasks significantly easier.
Thank you for taking the time
to go through my course
I wish you the very best as you
Embark on your journey of being
an excellent manager

More Related Content

What's hot

360-Degree Leadership
360-Degree Leadership360-Degree Leadership
360-Degree LeadershipChuck Terrell
 
Basic leadership-skills
Basic leadership-skillsBasic leadership-skills
Basic leadership-skillsGia Tri Tien
 
Leadership & leadership skills
Leadership & leadership skillsLeadership & leadership skills
Leadership & leadership skillsAmit Jaglan
 
Taking Your Leadership from "I" to "WE"
Taking Your Leadership from "I" to "WE"Taking Your Leadership from "I" to "WE"
Taking Your Leadership from "I" to "WE"Wiley
 
7 habits of highly effective people.pdf
7 habits of highly effective people.pdf7 habits of highly effective people.pdf
7 habits of highly effective people.pdfToolika Sharma
 
From Peer to Leader: How to Develop Your First-Time Managers
From Peer to Leader: How to Develop Your First-Time ManagersFrom Peer to Leader: How to Develop Your First-Time Managers
From Peer to Leader: How to Develop Your First-Time ManagersBizLibrary
 
Leadership in Organizations
Leadership in OrganizationsLeadership in Organizations
Leadership in Organizationshutchison_susie
 
Manager As A Coach A Ppt Presentation C.Eashwer
Manager  As A  Coach   A Ppt Presentation   C.EashwerManager  As A  Coach   A Ppt Presentation   C.Eashwer
Manager As A Coach A Ppt Presentation C.EashwerChockalingam Eswaramurthi
 
Leadership Training
Leadership TrainingLeadership Training
Leadership TrainingJames Chung
 
RAGMA, Feljone G. Coaching and mentoring
RAGMA, Feljone G. Coaching and mentoringRAGMA, Feljone G. Coaching and mentoring
RAGMA, Feljone G. Coaching and mentoringFeljone Ragma
 
Powerpoint time management @ workplace
Powerpoint time management @ workplacePowerpoint time management @ workplace
Powerpoint time management @ workplaceSamik Pal
 
2.4.14 lecture ppt leadership skills
2.4.14 lecture ppt leadership skills2.4.14 lecture ppt leadership skills
2.4.14 lecture ppt leadership skillsMFMinickiello
 
20 Inspirational Leadership Quotes
20 Inspirational Leadership Quotes20 Inspirational Leadership Quotes
20 Inspirational Leadership QuotesOfficevibe
 
Leadership tips for first time managers
Leadership tips for first time managersLeadership tips for first time managers
Leadership tips for first time managersAsif Ebrahim
 
7 Habits of Highly Effective People
7 Habits of Highly Effective People7 Habits of Highly Effective People
7 Habits of Highly Effective Peoplesheharyar khan
 

What's hot (20)

Why Leadership Development is so Important?
Why Leadership Development is so Important? Why Leadership Development is so Important?
Why Leadership Development is so Important?
 
360-Degree Leadership
360-Degree Leadership360-Degree Leadership
360-Degree Leadership
 
Managing people
Managing peopleManaging people
Managing people
 
Leadership workshop
Leadership workshopLeadership workshop
Leadership workshop
 
Basic leadership-skills
Basic leadership-skillsBasic leadership-skills
Basic leadership-skills
 
Leadership & leadership skills
Leadership & leadership skillsLeadership & leadership skills
Leadership & leadership skills
 
Taking Your Leadership from "I" to "WE"
Taking Your Leadership from "I" to "WE"Taking Your Leadership from "I" to "WE"
Taking Your Leadership from "I" to "WE"
 
7 habits of highly effective people.pdf
7 habits of highly effective people.pdf7 habits of highly effective people.pdf
7 habits of highly effective people.pdf
 
From Peer to Leader: How to Develop Your First-Time Managers
From Peer to Leader: How to Develop Your First-Time ManagersFrom Peer to Leader: How to Develop Your First-Time Managers
From Peer to Leader: How to Develop Your First-Time Managers
 
Leadership in Organizations
Leadership in OrganizationsLeadership in Organizations
Leadership in Organizations
 
Management skills for new managers
Management skills for new managersManagement skills for new managers
Management skills for new managers
 
EFFECTIVE LEADERSHIP
EFFECTIVE   LEADERSHIPEFFECTIVE   LEADERSHIP
EFFECTIVE LEADERSHIP
 
Manager As A Coach A Ppt Presentation C.Eashwer
Manager  As A  Coach   A Ppt Presentation   C.EashwerManager  As A  Coach   A Ppt Presentation   C.Eashwer
Manager As A Coach A Ppt Presentation C.Eashwer
 
Leadership Training
Leadership TrainingLeadership Training
Leadership Training
 
RAGMA, Feljone G. Coaching and mentoring
RAGMA, Feljone G. Coaching and mentoringRAGMA, Feljone G. Coaching and mentoring
RAGMA, Feljone G. Coaching and mentoring
 
Powerpoint time management @ workplace
Powerpoint time management @ workplacePowerpoint time management @ workplace
Powerpoint time management @ workplace
 
2.4.14 lecture ppt leadership skills
2.4.14 lecture ppt leadership skills2.4.14 lecture ppt leadership skills
2.4.14 lecture ppt leadership skills
 
20 Inspirational Leadership Quotes
20 Inspirational Leadership Quotes20 Inspirational Leadership Quotes
20 Inspirational Leadership Quotes
 
Leadership tips for first time managers
Leadership tips for first time managersLeadership tips for first time managers
Leadership tips for first time managers
 
7 Habits of Highly Effective People
7 Habits of Highly Effective People7 Habits of Highly Effective People
7 Habits of Highly Effective People
 

Viewers also liked

How to become a great manager | By ex-Deloitte Consultants
How to become a great manager | By ex-Deloitte ConsultantsHow to become a great manager | By ex-Deloitte Consultants
How to become a great manager | By ex-Deloitte ConsultantsAurelien Domont, MBA
 
Managing Virtual Teams -Quick Start Guide
Managing Virtual Teams -Quick Start GuideManaging Virtual Teams -Quick Start Guide
Managing Virtual Teams -Quick Start Guideerenard
 
Your Guide to Becoming a Superstar Leader
Your Guide to Becoming a Superstar LeaderYour Guide to Becoming a Superstar Leader
Your Guide to Becoming a Superstar LeaderInsideOut Development
 
Role of remote leadership in managing challenges of virtual teams
Role of remote leadership in managing challenges of virtual teamsRole of remote leadership in managing challenges of virtual teams
Role of remote leadership in managing challenges of virtual teamsRashmi Barade
 
What Great Managers Do
What Great Managers DoWhat Great Managers Do
What Great Managers Dodonallong
 
Sink or Swim? Supporting the Transition to New Manager | Webinar 08.11.15
Sink or Swim? Supporting the Transition to New Manager | Webinar 08.11.15Sink or Swim? Supporting the Transition to New Manager | Webinar 08.11.15
Sink or Swim? Supporting the Transition to New Manager | Webinar 08.11.15BizLibrary
 
Sink or Swim? Supporting the Transition to New Manager - Webinar 03.27.14
Sink or Swim? Supporting the Transition to New Manager - Webinar 03.27.14Sink or Swim? Supporting the Transition to New Manager - Webinar 03.27.14
Sink or Swim? Supporting the Transition to New Manager - Webinar 03.27.14BizLibrary
 
DeLuca New Manager STC Summit 2015 worksheet
DeLuca New Manager STC Summit 2015 worksheetDeLuca New Manager STC Summit 2015 worksheet
DeLuca New Manager STC Summit 2015 worksheetTodd DeLuca, MTSC
 
7 Rahasia Menuju Pelayanan Wow
7 Rahasia Menuju Pelayanan Wow7 Rahasia Menuju Pelayanan Wow
7 Rahasia Menuju Pelayanan Wowlazmart_70
 
Managing people and organizations ppt
Managing people and organizations pptManaging people and organizations ppt
Managing people and organizations pptTatjanadlyaseminara
 
23 Shocking Truths New Managers Learned On The Job
23 Shocking Truths New Managers Learned On The Job23 Shocking Truths New Managers Learned On The Job
23 Shocking Truths New Managers Learned On The JobHubSpot
 

Viewers also liked (11)

How to become a great manager | By ex-Deloitte Consultants
How to become a great manager | By ex-Deloitte ConsultantsHow to become a great manager | By ex-Deloitte Consultants
How to become a great manager | By ex-Deloitte Consultants
 
Managing Virtual Teams -Quick Start Guide
Managing Virtual Teams -Quick Start GuideManaging Virtual Teams -Quick Start Guide
Managing Virtual Teams -Quick Start Guide
 
Your Guide to Becoming a Superstar Leader
Your Guide to Becoming a Superstar LeaderYour Guide to Becoming a Superstar Leader
Your Guide to Becoming a Superstar Leader
 
Role of remote leadership in managing challenges of virtual teams
Role of remote leadership in managing challenges of virtual teamsRole of remote leadership in managing challenges of virtual teams
Role of remote leadership in managing challenges of virtual teams
 
What Great Managers Do
What Great Managers DoWhat Great Managers Do
What Great Managers Do
 
Sink or Swim? Supporting the Transition to New Manager | Webinar 08.11.15
Sink or Swim? Supporting the Transition to New Manager | Webinar 08.11.15Sink or Swim? Supporting the Transition to New Manager | Webinar 08.11.15
Sink or Swim? Supporting the Transition to New Manager | Webinar 08.11.15
 
Sink or Swim? Supporting the Transition to New Manager - Webinar 03.27.14
Sink or Swim? Supporting the Transition to New Manager - Webinar 03.27.14Sink or Swim? Supporting the Transition to New Manager - Webinar 03.27.14
Sink or Swim? Supporting the Transition to New Manager - Webinar 03.27.14
 
DeLuca New Manager STC Summit 2015 worksheet
DeLuca New Manager STC Summit 2015 worksheetDeLuca New Manager STC Summit 2015 worksheet
DeLuca New Manager STC Summit 2015 worksheet
 
7 Rahasia Menuju Pelayanan Wow
7 Rahasia Menuju Pelayanan Wow7 Rahasia Menuju Pelayanan Wow
7 Rahasia Menuju Pelayanan Wow
 
Managing people and organizations ppt
Managing people and organizations pptManaging people and organizations ppt
Managing people and organizations ppt
 
23 Shocking Truths New Managers Learned On The Job
23 Shocking Truths New Managers Learned On The Job23 Shocking Truths New Managers Learned On The Job
23 Shocking Truths New Managers Learned On The Job
 

Similar to Become a great_manager_new

Performance Management
Performance ManagementPerformance Management
Performance Managementlearnonline4
 
The business case for talent management
The business case for talent managementThe business case for talent management
The business case for talent managementKapta
 
Modern Agile Management and Leadership
Modern Agile Management and LeadershipModern Agile Management and Leadership
Modern Agile Management and LeadershipAntti Kirjavainen
 
Organisational behaviour (group 2)
Organisational behaviour (group 2)Organisational behaviour (group 2)
Organisational behaviour (group 2)Wasim Akram
 
Managing On-Demand Talent
Managing On-Demand TalentManaging On-Demand Talent
Managing On-Demand TalentStewart Levin
 
Talent Management - 2008 Arunesh Chand Mankotia
Talent Management - 2008 Arunesh Chand MankotiaTalent Management - 2008 Arunesh Chand Mankotia
Talent Management - 2008 Arunesh Chand MankotiaConsultonmic
 
Performance Reviews - One Size Fits None
Performance Reviews - One Size Fits NonePerformance Reviews - One Size Fits None
Performance Reviews - One Size Fits NoneDerek Carter FIITD
 
Excite Your People & Double Profits
Excite Your People & Double ProfitsExcite Your People & Double Profits
Excite Your People & Double Profitsetreleaven
 
Getting talent on the right track
Getting talent on the right trackGetting talent on the right track
Getting talent on the right trackKrish Shankar
 
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docxhttpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docxwellesleyterresa
 
Leap motivating employees other than with money
Leap motivating employees other than with moneyLeap motivating employees other than with money
Leap motivating employees other than with moneytristan_delarosa
 
Workplace Development Online Courses
Workplace Development Online CoursesWorkplace Development Online Courses
Workplace Development Online CoursesJohnny Joseph
 
Essential Guide to Employee Onboarding Success
Essential Guide to Employee Onboarding SuccessEssential Guide to Employee Onboarding Success
Essential Guide to Employee Onboarding SuccessAndrewCrebar
 
Emerging roles in recruiting
Emerging roles in recruitingEmerging roles in recruiting
Emerging roles in recruitingGaurav Gaur
 

Similar to Become a great_manager_new (20)

Margaritescu alin marius
Margaritescu alin mariusMargaritescu alin marius
Margaritescu alin marius
 
10trends
10trends10trends
10trends
 
Performance Management
Performance ManagementPerformance Management
Performance Management
 
The business case for talent management
The business case for talent managementThe business case for talent management
The business case for talent management
 
Modern Agile Management and Leadership
Modern Agile Management and LeadershipModern Agile Management and Leadership
Modern Agile Management and Leadership
 
E what ce-ossaywhattheydo
E what ce-ossaywhattheydoE what ce-ossaywhattheydo
E what ce-ossaywhattheydo
 
Unit 1
Unit 1Unit 1
Unit 1
 
What Keeps CEOs Up At Night?
What Keeps CEOs Up At Night?What Keeps CEOs Up At Night?
What Keeps CEOs Up At Night?
 
Organisational behaviour (group 2)
Organisational behaviour (group 2)Organisational behaviour (group 2)
Organisational behaviour (group 2)
 
Managing On-Demand Talent
Managing On-Demand TalentManaging On-Demand Talent
Managing On-Demand Talent
 
Talent Management - 2008 Arunesh Chand Mankotia
Talent Management - 2008 Arunesh Chand MankotiaTalent Management - 2008 Arunesh Chand Mankotia
Talent Management - 2008 Arunesh Chand Mankotia
 
Performance Reviews - One Size Fits None
Performance Reviews - One Size Fits NonePerformance Reviews - One Size Fits None
Performance Reviews - One Size Fits None
 
Excite Your People & Double Profits
Excite Your People & Double ProfitsExcite Your People & Double Profits
Excite Your People & Double Profits
 
Getting talent on the right track
Getting talent on the right trackGetting talent on the right track
Getting talent on the right track
 
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docxhttpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
 
Leap motivating employees other than with money
Leap motivating employees other than with moneyLeap motivating employees other than with money
Leap motivating employees other than with money
 
159908873 jay-deep
159908873 jay-deep159908873 jay-deep
159908873 jay-deep
 
Workplace Development Online Courses
Workplace Development Online CoursesWorkplace Development Online Courses
Workplace Development Online Courses
 
Essential Guide to Employee Onboarding Success
Essential Guide to Employee Onboarding SuccessEssential Guide to Employee Onboarding Success
Essential Guide to Employee Onboarding Success
 
Emerging roles in recruiting
Emerging roles in recruitingEmerging roles in recruiting
Emerging roles in recruiting
 

Recently uploaded

NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creationsnakalysalcedo61
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadAyesha Khan
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportMintel Group
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Serviceankitnayak356677
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedKaiNexus
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 

Recently uploaded (20)

NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creations
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample Report
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 

Become a great_manager_new

  • 1.
  • 2. 2VentureClub.com | “The smartest investment club in the world.” What is Not Management? When people think of management, some people think of a Dilbert Cartoon. Other people think of an archetype of a manager in a suit that screams and yells, or is out of touch with the project the manager is managing or the business as a whole. Management is not yelling. Management is not Co-ercion. Management does not equal endless meetings that get nothing accomplished.
  • 3. 3VentureClub.com | “The smartest investment club in the world.” Management - Defined Let’s define management – Management is defined as the process of receiving an output by a group. In other words, a manager is solely judged by the output of the team that he is managing. Good output = good management. Bad output = bad management.
  • 4. 4VentureClub.com | “The smartest investment club in the world.” Manager as Role Model First and Foremost a Manager is a Role Model A good manager leads through personal example. A good manager leads by the axiom – “Do as I do, versus do as I say”. There are multiple hats or multiple roles that a manager must play. Let’s examine some roles.
  • 5. 5VentureClub.com | “The smartest investment club in the world.” Leading through Actions not Words Let’s look at one example of a Manager being either a positive or negative role model. The most common example of being a poor role model is when a manager implores his employees to work hard, while taking off everyday at 3 PM to play a round of golf or meet a group of friends on the golf course. A good manager gets commitment and a hard work ethic from his employees by working hard and committed himself to the business.
  • 6. 6VentureClub.com | “The smartest investment club in the world.” Manager as Employee Trainer The next role a manager must play is that of being the Head Trainer Training is perhaps a manager’s most valuable tool in his toolkit. Training is always done around a specific competency, and can be use to address either hard and soft skills. Some examples of high leverage training is:  role playing interactions with clients, both for the sales or support team  training to bring the entire company up to date on the latest features of a given product or service  training in specific software such as Microsoft Powerpoint or Excel.
  • 7. 7VentureClub.com | “The smartest investment club in the world.” Manager as Chief Feedback Officer Feedback is an undervalued tool in the manager’s toolkit. Feedback, when delivered effectively, can provide invaluable feedback to employees and team members, and can dramatically increase both the quantity and quality of output. Examples of the best feedback is feedback that is  easily actionable  prescriptive versus descriptive  feedback that applies to a task often done by the employee. It’s important to understand that it is a manager’s job to be patient and iterative with his employees. In other words, feedback is a dynamic process, and the focus should be on the improvement of results over time, versus an unrealistic expectation of perfection (which can be very demotivating to employees). The next role a manager must play is that of being the Chief Feedback Officer
  • 8. 8VentureClub.com | “The smartest investment club in the world.” Manager as Key Decision Maker The next role a manager must play is that of the Decision Decision making authority is a tool akin to the stick in the motivation toolkit and should be used sparingly and only when consensus building is not capable of leading to a decision. Buy-in is an important aspect of motivation, and “breaking the tie” should be done a last resort. Though it is a tool of last resort, it should be a tool confidently utilized by the manager when needed. Keep in mind that employees need not agree with a decision in order to implement the decision. Similarly to consensus, agreement on strategy is very nice to have in order to retain high employee morale, but is not required in order for the employee to execute a task.
  • 9. 9VentureClub.com | “The smartest investment club in the world.” Manager as Chief Strategy Officer The next role a manager must play is that of being the Chief Strategy Officer It is the role of the manager to not only execute on present day tasks and output, but also to steer the entire ship in the right direction. Part of the role of Chief Strategy Officer includes the ability to think far into the future. This includes gathering resources (whether it be political capital, employees, budgets) as well as the compe- tencies and capabilities needed on the team in order to execute on the given strategy. Another way to say this is that a gap today is a strategic mistake that was made yesterday.
  • 10. 10VentureClub.com | “The smartest investment club in the world.” Manager as Team’s Head of Human Resources The next role a manager must play is that of being the Head of Human Relations for his team This includes attracting / qualifying / and retaining Key talent. Attracting talented employees starts first with the brand, and having a great work environment. Attract top talent is not about perks, but is about giving employees something worth working on and an environment where they can excel at their given talents. [Insert Statistic on people not being satisfied at work]. Referrals are the #1 source of quality recruitment, and it starts with treating your current employees correctly. Once you are able to attract people that want to work at your company – qualifying the talent utilizing a predictive interview process is key in order to avoid mishires. Dr. Bradford Smart, the author of TopGrading and an individual that charges $10,000 per hire for top C level hires, believes that the cost mis-hires are 25X compensation for hires under $100k and 40X time based compensation for hires over $100k, when taking into account difficult to quantity factors such as opportunity cost, lower productivity and morale. Finally, retaining employees is critical. Analogous to the business axiom thatretaining current customers is significantly easier and more profitable than recruiting new customers, the same holds true in employee hiring. The #1 reason employees leave a job is because of the boss, not the company, and the #1 reason employees leave a boss is because they feel undervalued. This is easily preventable through the use of one-on-ones meetings which we will get into later on in this course.
  • 11. 11VentureClub.com | “The smartest investment club in the world.” Management is an active process. The manager must also play the role of being a the project manager for key deliverables and initiatives. There are two extreme and flawed styles of management, Micromanagement and Absentee Management, which are both inefficient forms of management. I define micromanagement as the over-management and control utilized on an employee that distracts employees, lowers productivity, and increases employee turnover. The exact opposite – absentee management is also poor management. Absentee management is the 100% lassiez fair form of management, and can only work in organizations with highly skilled and motivated employees. Even in the case of Zappos, which is famous for their hiring and company culture (previously known as 100 Best Companies to Work For), the process of self management failed miserably and led to mass turnovers. Good management lies somewhere in the middle of micro- management and absentee management and is more of an art than science. The right amount of management is deter- mined by the increase of output in a group and typically involves the check-in and offer to help by managers anywhere from 2-4 times a week, depending on the timeline for the project and the degree to which the task is mission critical. An important question to ask yourself is “Am I checking in in order to satisfy my own anxiety or to provide value to the project. In the case of the former you are micromanaging, in the case of the latter, you are being a good manager. Management is an Active Process
  • 12. 12VentureClub.com | “The smartest investment club in the world.” Management via One to One Meetings One to One Meeting is absolutely critical for the delivery of much of management. One on one meetings are scheduled and structured, although somewhat casual, meetings you conduct with your direct reports once or twice a month. One to One Meetings should not be confused with casual encounters or project based meetings, and should be focused more on the employee than any one project.
  • 13. 13VentureClub.com | “The smartest investment club in the world.” The Two Unbreakable Laws of Management As a best practice, a manager should manage no less than 6 employees and no more than 8 employees as direct reports. There is a magic to this number and it has been researched exhaustively over many decades and studies with the same results. For whatever, reason 6 to 8 employees is the right number and allows for the right enough of reports to insure a lack of micromanagement, and still manageable enough to allow for mentoring, skill development, and other tools such as the one-to-one meeting. In the case that an employee is both a manager and has a separate function, the number of employees under management should change by 1-2 employees for every important role that the manager is in charge of outside of his managerial capacity. The 6-8 employees per manager is the golden rule of management, and is utilized by everyone from small business owners to the former CEO of Intel, Andy Grove, who popularized this concept. The dirty secret of multi-million dollar CEO’s is that they almost never manage more than 8 reports, effectively running an operation of 6-8 mini companies, regardless of the thousands of employees underneath every direct report. This is important to know because it makes management more, manageable, and gives hope that anyone can make a great manager at a company of any size.
  • 14. 14VentureClub.com | “The smartest investment club in the world.” Overcommunicate, Overcommunicate, Overcommunicate  Over-communicate to point of awkwardness.  Be awkward and successful, rather than cool and not.  Create a culture of direct communication. This doesn’t mean that your culture has to be rude/crude/or unthoughtful but rather that it is based on direct, task specific and assertive communication. By role modeling this practice at the top (even if it is just within your group) over-communication can become a cultural norm that will dramatically increase the morale and productivity of your team.
  • 15. 15VentureClub.com | “The smartest investment club in the world.” The Two Unbreakable Rules of Management Rules #1 - Accountability = 1 goal 1 person. No exceptions Rule #2 - Authority follows Accountability  The fastest way to decrease morale is to give someone accountability without authority.  Accountability and authority is task specific and requires the accountable manager to be able to access resources from anyone in the organization, including individuals that are senior to him on an organization structure. We’ll get into this a bit more later.
  • 16. 16VentureClub.com | “The smartest investment club in the world.” Taking Action Management is an active sport vs. a theoretical science. If we do not implement the ideas of this course, then it will be an hour of your life that you have wasted. The best way to gain the most from this course is by starting with pieces of the course that are easy to implement, and start building small wins. Perhaps this means being introspective about your behaviors and habits and what you are subconsciously role modeling to your team. Perhaps it’s about making sure that every task has one person who is accountable. Whatever it is – start with one or two small goals and focus on making a difference there. You won’t be able to help but implement more practices as you start to see success with other practices outlined in this course. Start small and trivial. Perhaps start by managing your boyfriend or girlfriend, or your parents. Sign up to Fiverr, a website where you can get cool tasks performed for $5, and practice on managing the contractors. The bad news is that we humans are emotional creatures, and it will be 10x more difficult to implement these pratices in highly critical or emotionally charged situations. The good news is that you will start to learn the skills very quickly and it will make for implementing on critical tasks significantly easier.
  • 17. Thank you for taking the time to go through my course I wish you the very best as you Embark on your journey of being an excellent manager