Developing management skills as a small business owner
Your leadership style doesn’t just influence your employees, it impacts your bottom line. If your managerial style needs a refresh, take the leap by incorporating these five management skills into your work life.
5 management skills to learn this year
Feel like you could be doing a better job of managing? Check out these tips.
- Ask your employees what they think.
- Increase your emotional intelligence.
- Feedback is a two-way street.
- Organisation is everything.
- The seven C’s of communication.
The five management skills listed below will help boost employee morale while improving your small business’ efficiency in no time.
1. Ask your employees what they think
Your team doesn’t come to work every day to be managed; they come to work to be led. If your leadership style is authoritarian and top-heavy, try altering your approach by empowering your staff.
One way to loosen the reins is to assign someone to a project and ask them how they would manage it.
By seeking recommendations, you’re able to see how your employee thinks and approaches a task. You’ll be able to assess the depth of the person’s skills and act as a guide when needed.
When employees take ownership of a new project and feel responsible for its success, outcomes improve. Too much micromanagement can foster an environment of distrust and dampen morale.
2. Increase your emotional intelligence
You may know how to run a business and increase profits, but having a handle on emotional intelligence will make you a better manager. What is emotional intelligence? It’s a balance of:
- Social awareness
- Relationship management
If you’ve ever lashed out at an employee and then wondered how you could have handled the situation differently, it may be time you take a step back and re-evaluate your emotional intelligence.
A little bit of mindfulness goes a long way, especially when you actively listen before reacting.
3. Feedback is a two-way street
Don’t wait for the six-month performance review to share ideas for improvement with your staff. Give constructive feedback after every project, identifying areas where the employee excelled and one or two that could be refined.
A post-project debrief could become a valuable touchpoint for you and your team. This is also an opportunity for you to be open to hearing how you could have performed better.
By welcoming input from your staff, and vocalising how you can improve your management skills, you demonstrate transparency and resilience. This is an important aspect of building trust.
4. Organisation is everything
Everyone in your company knows that you have a lot on your plate. It’s part of owning a small business. Being organised can be a relief on days when the unexpected happens. Establishing organisational standards and practices for your staff makes everyone’s life easier.
We’ve all been there. That frustrating moment when a colleague didn’t file an account properly and hours were wasted trying to locate something that would’ve taken less than a minute to find otherwise.
It’s these tiny oversights that create frustration and tension. Avoid these headaches altogether by creating a standard system your staff can adhere to from day one.
5. The seven C’s of communication
Once you listen to your employees and apply their feedback to your management style, focus on your approach to communication.
Communicating effectively is difficult, as everyone interprets direction with a unique and personal frame of reference. Think of the game Broken Telephone. The message gets distorted as it travels down the line and by the end, it’s very different than the original statement.
This is what can happen when you pass instructions to an employee who doesn’t understand what you’re asking.
The method in which you communicate is also important. Some staff seem to understand what you’re asking before you have finished your first sentence. They’ve studied you and have tapped into the way you think. Others need it in writing, and clearly outlined. Preferably in email.
If your employees are telling you that they need stronger direction, incorporate the seven c’s of communication:
Giving your team vague, obscure tasks without clear objectives strips meaning from the work they’ve been asked to do. Your team needs to know:
- What they’re doing
- Why they’re doing it
- What you hope to achieve
Management skills refresher
You’re operating a successful small business and managing a close-knit team. Creating an open, caring, supportive environment where your staff can grow and thrive requires strong management skills.
Keep these five skills in your in mind to improve performance:
- Ask your employees what they think
- Increase your emotional intelligence
- Feedback is a two-way street
- Organisation is everything
- The seven C’s of communication
This will help you to be a leader that inspires.
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