How to Be Successful Business Manager

How to be successful Business Manager Introduction Everyone desired to success. In the business field, becoming a successful manager is what the majority long for . No body changes into a well-rounded manager overnight. Learning is necessary for everyone during this process. â€Å"People learn to manage by managing under guidance of a good manager†Ã¢â‚¬â€-Michael Armstrong. Experiences can undoubtedly be an excellent tutor for success, but having a good guide can further allow one to make use of his or her experiences into the largest extent. Being a successful manager requires a huge amount of skills and knowledge.In this paper, not all elements will be mentioned, but the five essential elements have been chosen to be discussed: work smart , risk management, interpersonal talent and skills, Self-management and Leadership skills. Work Smart – Work Effectively and Efficiently To express how to work smartly, Susanne Madsen, a PRINCE2 and MSP practitioner and a qualified Corporate and Executive coach, tells us her tale of success. Work smarter, not harder, as explained by Susanne, means working less and accomplishing more by increasing the working quality. (2)To get things done wisely, she highlights the significance for correcting one’s internal persuasion and attitude towards his or her task that it is not a burden. One could , then, get the vigor for working again. According to the writer’s own experience, she shows that self-assessment and continuous self-adjustment are the paramount importance for success. She also suggests two key points: first, is deputation. A manager should depute the less vital jobs to the others and use those times to communicate more with the major person associated to the project for developing a better linkage with them.Second, is initiative. A manager should get a more well-round plan at the beginning instead of responding the incident or risk when it has been occurred. I am glad to read the inspirationa l article written by a top leader in the world. She gives a great arousal to me. Her sharing and skills are useful, not only at the workplace, but also at the senior academic level. I believe that many college students, just like me, are having the improper belief that the project is burdensome. Why can’t I alter my mindset to abandon the constraints and step up to success smartly?Just try it! Self-management Walter Vieira (2005) proves that people refuse to face realistic self-image and idealistic self-image is biased,(p. 33) and so to evade the results of their SWOT analysis which about their advantages, disadvantages, opportunities and threat environment. (p. 34) However, people do not understand their strength and weakness, will not be able to strengthen and improve , they cannot develop their abilities. In addition, they need to assess that whether they have the basis element include a positive goal, ambition and energy .They also need to know whether they have clearly a ware of their thoughts adaptable ,witty and creativity. He said that people have two reason of requesting an identity, one is for higher living standards, and another is satisfying others' expectation. He agreed with Cyrus Vance that people always evaluate their progress with friends. They were unhappy because their achievements are worse than the others. (p. 35) Therefore he reminded that people not to compare and assess their progress with others, because different people do different things ,will have different progress, as long as compliance with their own plans on the line. p. 35-36) But learning from observing others ,and the through others to observe their own, then the combined best quality of themselves and others. (p. 36) In my opinion, successful managers need to have a correct plan; in order to achieve their positive goals. I think Walter Vieira missed this important point. Therefore, they should know how to assess whether their plan is feasible under environment efforts . For example, their plan need to change when financial crisis. Leadership skills Leadership is the central factor to influence a general manager's success.In the book Successful Management, Neville (1995) believes that leadership has five main dimensions: first, defining a vision is the preliminary stage. The best leaders are adroit at thinking the unique and picking up creativity . They are not faint-hearted of change. When the vision has been ascertained, leaders should be attain it (17-8). Second, he said that commitment to success is not only about eagerness, drive and the will to win, it is also about the interminability of preparation (18). Third, he believes that leader should communicate unabashedly and frankly.Because communicate can let the team learn more experiences from each other (18). Fourth, is challenging in status quo. Young managers should find more innovative solutions in the business market (19). Finally, is about the personal characteristics which are found in extraordinary leaders. He highlights that flexibility, enthusiasm, integrity, willingness to experiment, ability to inspire others, to build relationship, to inspire trust, to communicate and to delegate, those are most routinely emphasize in outstanding leaders(19).He concludes that intellect is missing from these five dimensions, it is not nonessential, just because the role of leadership is too wide and it is not always necessary to have high intellect (19). To a large extent, I agree with Neville that the five main dimensions of leadership. I believe that communication is the most important part of the leadership, it permeates every aspect of the business. All managers, especially those leading teams, they communicating with the workforce is a demanding and rewarding task. Interpersonal talent and skills A successful businessman must possess good communication skills.He should provide different channels for the staff to express opinions which helps understandings of companyâ₠¬â„¢s objectives. Effective communication with employees can ensure thorough understandings of leader’s decisions and expectations on their work. Maintaining a comfortable working environment can  encourage staff to be more willing to talk to their senior level (219). Reduced status difference (219) and enhanced staff morale help collection of employees’ feedbacks and  suggestions, which contributes to company improvements and also help ensure all staffs are working towards same goals.I believe a successful businessman should be a good leader and team player. It is very important that a person can share his knowledge and experience with his employees. He should ensure his messages and decisions can be effectively convey to them. To build up a good relationship with staff, he should respect and encourage them to participate in production and provide new ideas in work. Appreciation of work participation creates good staff morale and motivates them to work towards sam e organizational goals. A person will not be successful if he cannot work well with his subordinates and employees.Even if he has lots of marvelous ideas but no one is willing to work with him, he will only be a talented individual instead of a successful leader in the company. Risk management skills Living with, and challenged by risks, Nick Jackson believed that risk has tightly stick onto the business management agenda. Just as the key, people who learn for robust the risk management can succeed in their business. No matter what risk are the leaders facing, the major challenge is that how to identify, tackle and monitor the risk, and to plan for understandable, maintainable and applicable contingency plan.Not much people could reach this in industry today, he thought, they can recognize the risks whereas fail to observe the dormant influence or lost the sight of controlling systems. There are only less than 30% organizations can manage the risk well even not in effective way. (p. 38) Moreover, Nick stated that the ‘risk’ would be in some positive terms instead of negative. He regarded that people should not only keep improving in the way they manage the difficulties, but also focus on how to avoid from the negative impacts of self-satisfied when they are in advantages. (p. 42)I have been reminded by Nick Jackson that in every single moment, we cannot slack off from supervise the risk in any format. It required the all-round critical thinking. We cannot stop monitor the business from tackled one risk. It is hard and tough to handle this section in the business. And it is a great challenge to all businessman or administrator. g Conclusion â€Å"The productivity of work is not the responsibility of the worker but of the manager. † – Peter F. Drucker, Expert Management Consultant. All in all, the five abilities which stated on the above passages are inseparable.These five categories has shown that how can the manager strengthen the pr oductivity and competitiveness in the industry. They can end up this topic with one sentence, â€Å"Manage yourself well then lead the team to work with communication and risk management plan smartly. † Within this project, we recognized that these skills are not only applicable in the business related industry, but also in different criteria of different industries. In 21st Century, people deserve better quality of services and the bosses deserve higher efficiency of works from their staff. As the result, this paper will be valuable to majority of worldReference Bain, Neville. , â€Å"Management or leadership? † Successful Management. 1st ed. London: Macmillan Press Ltd,14-9. Print C. N. Cheng. â€Å"Communication in Business. † Introduction to Business Studies. (Revised Edition). 1st ed. Hong Kong: Hong Kong Educational Publishing Co, 2009. 212-231. Print Kinicki, Angelo. , and Williams Brian K. â€Å"The nature of leadership. † Management: A Practical Introduction. 4th ed. Americas, New York: McGraw-Hill/Irwin, 2009. 436-38. Print. Nick, Jackson. â€Å"Risk is on the corporate agenda, but where does it fit? †Managing Business Risk. 3rd ed.Great Britain: Kogan Page Ltd,2006. Print Samson, Danny. , and Richard L. Daft. â€Å"Leadership in organisation. † Fundamentals of management. 2nd ed. South Melbourne, Victoria, Australia: Thomson Learning Australia, 2005. 427-31. Print. Susanne Madsen. â€Å"My Story:Work smarter not harder†Projectsmart. co. uk. Projectsmart ,10 September 2011. Web. 10 April 2012 Walter Vieira. Manager to CEO :corporate wisdom for survival and success. New Dehli/Thousand Oaks/London:Tejeshwar Singh for Response Book -stage Publications Inc,2005. print