Tag Archives: Management and Leadership

The Key to Successful Leadership

Leadership SkillsTo be successful at running any business requires that you learn some fundamental lessons;  first, what it takes to be a leader and second, how to lead effectively.

You don’t have be a hero as a leader, rather to make sure you care. You need to be able to wake up every day, rain or shine, because you are excited about what you do and what you want to accomplish.

The difference between a good and bad leader is consistency. As long as you are consistent in your leadership ways and ability to create systematic processes to breed future leaders in your company, you will be successful. Make sure that you set expectations amongst your managers and future leaders that they are not perfect, but that they will give everything they can every day. As long as you strive to improve every day, by the end of the year you will see how much you have progressed.

The main goal of any leader is the ability to transform a vision into a reality.  Make sure that your vision is simple and clear so that any member of your team, if asked, could make the perfect elevator speech about the company vision. If you have a clear vision, will only give your employees the security and confidence that everything will work out and that they are part of a successful company. If all you are focused on is money, then just call it a day. Make sure the your goals, objective and vision is all about something worthy so that everyone around you believes in your vision and mission. Money will always follow from this point forward.

To succeed as a leader you need to create the right culture across all departments and division in the company. It is important to empower your employees to feel confident enough to step up and take responsibility. Successful leaders feel and are accountable for the success or failure of the company. Create an environment where employees see leadership as something to embrace.

Lead by example and live and breathe the success (even failures) of the company. To be a successful leader is not about the destination, rather is about the journey you take to get there. Take the time and focus your energy on your customers and employees. It is these two groups who will make you company succeed or fail.

The skills and talents required to be a good leader and guide your employees and team to success can be simple and anyone with the right focus can develop these skills.

Some of these skills include:

  • Assemble a dedicated team.
  • Never be afraid to over communicate.
  • Don’t assume that your team understand your goal and mission.
  • Be authentic and instill your personality and beliefs into the company.
  • Know your obstacles and plan around them.
  • Create a ‘team charter’ where you know where you are going and who you are.
  • Believe in your people and create a culture of confidence.
  • Share and dole out credit.
  • Keep your team engaged and excited about what they are doing.
  • Always remember to stay calm.

Eleanor Roosevelt once said, “A good leader inspires people to have confidence in the leader, a great leader inspires people to have confidence in themselves.”


Tips and advise for any new manager and how to succeed from day one

Duties of Management


Regardless if you are a first time manager or possibly a manager commencing a brand new job there are things you need to be aware of and carry out from day one. Management and administration is an extremely complex and difficult role to succeed at and, from time to time, can be extremely stressful. There will always be new things to learn and challenges to overcome to be able to succeed and turn into a well liked and successful manager.


Set a tone of authority but don’t come on too strong

To become a good manager you need learn how to balance between being attentive to others needs and demands, yet still asserting your authority as a manager. Generally, new managers are inclined to be over assertive when they take on an new management position. Having the ability to balance your authority, role, and duties is a great deal more important in the event you climbed the corporate ladder and now need to manage former peers. Don’t allow the position go to your head.


Be aware that managers cannot be friends with everyone

It is natural tendency and desire to be well-liked by everyone as the new manager. However, you cannot act and behave in the same collegial manner if you expect to exert a certain amount of control and take corrective action when needed and expect to have your employees fully respect you.


Create clear and achievable objectives for your employees

Spend some time to interact and engage with your employees and fellow management so that you can make certain you fully grasp precisely what your employee objectives are. Create objectives, targets and goals that are clear, measurable agreed upon with employees. During times of conflict and uncertainty, which there certainly will be, clear objectives will be helpful to overcome these phases. Clear objectives will prevent any misunderstanding between both you and your employees with regards to their roles, duties and job descriptions.


Act Like A Manager

The most crucial task of a manager is to get to know your employees and in addition they need to know you. The simplest way to accomplish this is to convene daily morning meeting from day one to discuss the goals and objectives of the day and discuss any issues that have arisen and get feedback from employees. A good manager has the ability to create and setup an ethical climate in the workplace which everybody understands and adheres to. Find a a balance between reprimanding and providing negative feedback to employees , while motivating them with positive feedback when it is called for. While you don’t want to go mad with power, you do need to become comfortable with the power you now have.


Get to know your employees individually

Take time to meet with employees individually to discuss their positions, roles, duties and what is expected of them. Also ask employees what they expect from you. Talk about the strengths and weaknesses of the department and find out what they need from you to enhance their productivity. Get to know individual employee strengths and weaknesses. Take advantage of and feed on the strengths of each employee to maximize their performance, while at the same time assist each employee to improve upon their pitfalls and weak points.


Be clear about your management role and duties

Any new management positions comes with a new boss. Consult with your boss and find out precisely what is expected of you, your role and duties. Understand what the goals and objectives are associated with the management position. Have an understanding of precisely what decision powers you have and when it is advisable to consult with your boss. Identify the most important goals of the department.


Discuss and compare leadership styles with your predecessor and employees

Every person and manager has their own unique way of leadership. As time passes, employees become familiar with a managers leadership style and way of doing things. With any new manager, employees need to adapt and understand a different set of expectations and preferences. To overcome this change, new managers need to discuss the changes in an open format and individually to ensure that the team can get accustomed to the changes in management.


Create an open communication environment in the workplace

The majority of us who have been working for a while can concur that not all working environments and places have good quality open communication system in place. Open communication really helps to bring about trust between managers and employees, as well as amongst employees and as a group. Open communication is not a license or permission to create chaos. Rather it creates a workplace and environment where employees feel valued and respected for their thoughts and opinions. But bear in mind, in the end of the day, the manager is till the boss. Good communication in the workplaces helps to foster ideas and innovation.


Understand the corporate cultures, rules and environment

Be clear about the existing corporate culture and norms. Managers, particularly those who are new to a company, can destroy their careers if they fail to adapt to the corporate culture and norms. When you interview for the job and position, ask questions about the corporate culture. Speak the outgoing manager to get some hints and tips about the norms and culture of the company.


Never be afraid or embarrassed to ask for help

Management is an extremely complex and stressful function to master. All management positions are challenging and there are invariably problems and issues that will arise every now and then. Fortunately, there are a variety of resources where one can turn to in an effort to seek help and advise. You can turn to your own manager, a mentor whom you trust, or other veteran managers with years of knowledge and experience.


Look Like A Manager

With any management positions there is always an amount of authority that comes with the position. You can reinforce this by the way you dress. We all know that depending on the industry, location, company culture, etc; the dress code will differ. The one constant is that a manager is expected to dress “better” than those he or she manages. If you are new to a company make sure you understand the company culture, dress code and rules prior to your arrival.


Boost Your Career with a Business Degree

A business degree will probably be your path to greatest success. In this age of market and finance, possessing some sort of management qualification can certainly enable you to be successful in this incredibly competitive environment. Business degrees make you skilled in the facets as well as other areas of business and finance not to mention allow you to become a capable business professional or industry expert over the long haul. If you obtain the degree from a reputable institution your foreseeable future can be very bright and you will probably effortlessly ascend the ladder to success. Today , the advantages of a well-balanced academic course always helps and if you would like to commence a professional career in an exciting and challenging business field, these types of degree will surely be your cup of tea.

Generally speaking, business management courses are primarily based on three categories- marketing, finance and human resource management. Depending on your preferences and career thinking, a student can select from these career fields. The three fields have excellent prospects and definately will bring about money, success and fame. In comparison to conventional degrees, a management degree is far more flexible and competitive. It will help students to get acquainted with the competitive industry and corporate working experience that they will certainly encounter in the later years of their career. In addition there are benefits associated with engaging in group discussions and interactive sessions with well-known industry professionals, that assist students gain experience.


In many instances, the business administration courses happen to be arranged in a unique way, which provides you with an in depth framework of challenges associated with the respective topics to ensure they are competent professionals. A few of the essential areas of the course curriculum are made up of subjects relevant to finance and business management, commerce and accounting, advertising management, decision making, crisis management, and so on. The courses are generally designed in an organised way in the form of semesters, with the intention that students have a step-by-step understanding of the various facets of the subject matter.

An additional advantage of the master of business administration project management courses will be the training that is performed in such courses. Through these courses students are significantly more competent and adept in the subject and turn out to be prepared for the industry challenge that they’re going to encounter in the long term. The courses assist students to acquire a hands on experience on the subject matter, to enable them to put into action exactly the same in their professional life and ascend the hierarchy of success.

As a consequence of the rise in popularity of the business administration degree there are several business schools, colleges and universities where students are able to choose a variety of business degrees. The majority of institutes also provide placements in well-known companies and organizations.


Have a look at these courses – Click Here


SA women in senior positions outperforming global counterparts

Business women in South Africa at present retain 27 percent of of the overall senior management positions, outperforming the worldwide average of 20 percent, the Grant Thornton International Business Report (IBR) has disclosed.

“The undeniable fact that South Africa outperforms the worldwide average could very well be associated with the focus placed by government on gender equality and employment equity. Having said that, even though the South African government maintains an outstanding record with numerous women in senior positions, the private sector business community continues to have a considerable way to go, especially in the functions that women perform,” said partner and head of corporate finance at Grant Thornton, Jeanette Hern.

The studies according to the accounting and consulting firm were disclosed the other day on International Women’s Day. The IBR offers understanding of the opinions along with expectations of more than 11 000 businesses per year spanning 39 economies, along with the US and Brazil.

The market research at the same time reveals that the percentage of Privately Held Businesses (PHBs) in the country which happen to have absolutely no women in senior management positions whatsoever seems to have dropped from 27 percent in 2009 to 23 percent, completely at odds with the worldwide average (which has escalated) to 38 percent in comparison to 35 percent in 2009.

Twenty-one percent of the women in senior management positions are typically employed as human resources directors, followed very closely by financial positions which include chief financial officer at 20 percent. Sales directors and marketing representatives constitute nine and eight percent respectively.

Just three percent of South African organizations interviewed employ a female chief executive officer, which happens to be five percent lower than the eight percent international average.
“Our available data for the functions that women perform in privately held companies are in accordance with research carried out on companies listed on the JSE. As indicated by a study carried out by the Businesswomen’s Association, fewer than five percent of JSE listed companies currently have women CEOs,” explained Hern.

Hern acknowledged that until such time as businesses and organizations break the way of thinking that women are only suited for HR and finance roles, “we will be unable to correctly harness the additional value that women can contribute to the workplace.”

Eastern Cape companies possess the largest percentage of women in senior positions at 33 percent, followed by Gauteng at 28 percent. Cape Town is in third place at 27 percent and then Durban at the lowest proportion at 26 percent.The market research disclosed that G7 nations lag behind the worldwide average, with no more than 16 percent of women having senior functions.

Women have turned out to be for the most part highly effective when it comes to improving their share of senior management roles in Thailand, Hong Kong, Greece, Belgium and Botswana, from where the percentage of women within these functions seems to have considerably increased by a minimum of seven percent since 2009.

“All of us can not afford to be complacent, relying upon the fact that we have been outperforming our international counterparts. Unquestionably the most recent financial meltdown seems to have brought to the forefront the necessity for organizations and businesses to generally be sufficiently flexible and additionally ready to accept change in order to survive. The diverse perspective that women are able to bring is extremely crucial in our ever changing and complex world,” said Hern.

Source: BuaNews, randstad.com, miller-mccune.com, aprildryan.com, thehimalayanbeacon.com, usaid.gov


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