Effective Managers and Their competencies
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This document is useful for students who are studying leadership and management and also for teachers who are teaching this course. Individuals who have recently been appointed/designated as managers will also find it beneficial.
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Effective Managers and Their competencies
- 1. EFFECTIVE MANAGERS & THEIR COMPETENCIES
- 2. The purpose of management training and development is to prepare more competent and more effective managers. EFFECTIVE MANAGERS & THEIR COMPETENCIES
- 3. What is a manager? A manager is someone who operates and runs the business organization on behalf and in the interest of one or more private owners of the organization. EFFECTIVE MANAGERS & THEIR COMPETENCIES
- 4. People at the top management level, such as managing director, general manager and chief executive officer is responsible for taking and implementing the decisions involved in operating organizations. Levels of Management EFFECTIVE MANAGERS & THEIR COMPETENCIES
- 5. What are management functions? EFFECTIVE MANAGERS & THEIR COMPETENCIES
- 6. What are managers responsible for? Staffing Direction Reporting Decision making Budgeting MANAGERS’ & THEIR COMPETENCIES
- 7. Recent additions in a manager’s job description. Problem solving Decision-making Managing change Providing a vision of the future Inculcating motivation Innovating Representing the organization EFFECTIVE MANAGERS & THEIR COMPETENCIES
- 8. Managerial frameworks The nature of the manager’s functions Personal traits/ attributes Managerial process skills Analytical/ conceptual abilities Industry know how Changes in responsibilities over career spans Environmental and organizational changes EFFECTIVE MANAGERS & THEIR COMPETENCIES
- 9. Industrious Self-confidence Personal charisma Thoroughness Values Cultural flexibility Personal traits/ Attributes This trait of good managers can be observed through their hard work and diligence. Their inner energy drives them forward to make a task successful. A competent and confident manager is self-aware of his strengths and weaknesses. He tackles difficult situations as a challenge to learn. Personal charisma helps in establishing proper communication between the manager and his team. It persuades team members to understand his point of view. They are detail-oriented and observe facts with an open mind.This trait empowers them to examine every situation analytically. This trait enables managers to distinguish between the right and wrong approach, especially in relation to uncertain circumstances. This trait helps managers to know about diversity and globalization.They must understand how globalization has transformed society, politics, economics and on-going influence within the workplace. EFFECTIVE MANAGERS & THEIR COMPETENCIES
- 10. Managerial process skills Skills that allow a manager to ascertain how to accomplish tasks. • Communication skills • Prioritize tasks • Negotiating skills • Appraisal skills • Skills related to organizing time EFFECTIVE MANAGERS & THEIR COMPETENCIES
- 11. Analytical/conceptual abilities These are basic skills necessary for a competent manager. Analytical skills are essential to know the correlation between the functions and cultures. Competent managers need these skills to be able to incorporate the activities of one function to another. Conceptual abilities are needed to develop a strategic direction of the organization. It is also required to understand the competitive market direction within the industry. EFFECTIVE MANAGERS & THEIR COMPETENCIES
- 12. Industry know-how Competent managers should have authentic knowledge of the products/services. They should also have in-depth understanding of the things related to the development, like manufacturing,marketing, distribution and other services. Detailed understanding of the key competitive forces at work in the industry is also crucial. The development of a big network comprised of industry related professionals is needed too. EFFECTIVE MANAGERS & THEIR COMPETENCIES