WHICH ARE THE ASPECTS YOU WILL KEEP IN MIND ABOUT THE PERSPECTIVE OF MANAGEMENT TO BE AN EFFECTIVE STRATEGIC MANAGER IN AN INDUSTRY ?
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FOLLOWING ARE THE VITAL ASPECTS WHICH I WILL KEEP IN MIND ABOUT THE PERSPECTIVE OF MANAGEMENT TO BE AN EFFECTIVE STRATEGIC MANAGER IN AN INDUSTRY
1 . Planning:
Managers are responsible for the efficient Use of organizational resources including People, plant , equipment and supplies .The effective use of such resources Requires managers to devise communicate implement and monitor Plans to achieve organizational aims and objectives.
Following should be kept in mind :
A.Developing plans
Prioritising and organizing work activities in line with organizational aims and objectives.
B.Monitoring performance
Monitoring and reviewing performance against organizational aims and objectives.
C.Focusing on results
Maintaining a focus on achieving organizational aims and objectives
D.Managing change
Planning for and implementing change to achieve organizational aims and objectives
E.Managing improvement
Taking action to improve performance by acting on the lessons from past successes and failures
2. Communication :
The principles and processes of effective communication underpin the role of the manager. Managers need to be able to communicate effectively with a range of people, including team members, colleagues, line managers, customers and suppliers. It is important that managers are able to organise, present and communicate their views, ideas and plans according to the needs of the people with whom they interact.
Following should be kept in mind :
A.Explaining clearly
Presenting ideas, plans and problems in ways that promote understanding .
B.Influencing others
Presenting views and opinions clearly and positively to others, resulting in agreement and consensus .
C.Resolving conflict
Understanding the problems and concerns of others and working towards an appropriate resolution.
D.Listening
Seeking and listening to the views and opinions of others.
3. Team-working :
Managers achieve organisational aims and objectives through the work of other people and in particular teams. Setting up and managing effective teams requires managers to inspire and motivate team members, ensuring that everyone understands what the team is trying to achieve.
Following should be kept in mind :
A.Building teams
Involving team members in planning and organising their work to meet team objectives
B.Leading teams
Providing teams with a clear understanding of their purpose and objectives
C.Encouraging team-working
Minimising conflict and problems to enable the team to perform
D.Representing teams
Presenting a positive image of the team.
4. Leadership :
Managers are leaders of people and need to inspire commitment and enthusiasm in others in order to achieve organisational aims and objectives. To be effective, managers need to build strong working relationships which means providing clear guidance and direction, acting as a role model and respecting the views and opinions of others.
Following should be kept in mind :
A. Leading by example
Acting as a role model for others
B. Providing guidance
Providing support and advice to others in order to enable the achievement of organisational aims and objectives
C. Motivating others
Enthusing, and gaining the commitment of others to decisions and plans.
D. Building trust and respect
Maintaining confidences and honouring commitments and promises made to others.
E. Leadership style
Using different leadership styles according to the needs of people and situations.
F. Communication
Ensuring people are aware of and fully understand plans and decisions .
G. Resolving conflict
Understanding the problems and concerns of others and working towards an appropriate resolution.
5.Personal effectiveness:
Personal effectiveness enables to achieve results and meeting personal and organisational objectives. Managers are literally faced with hundreds of decisions to make every day: choices about how to prioritise activities, how to allocate their time and how to communicate and present their plans and opinions to others. An important part of improving personal effectiveness is recognising and addressing personal development needs.
Following should be kept in mind :
A. Acting assertively
Presenting views and opinions clearly and taking responsibility for initiating action
B. Managing time
Maximising the use of time to achieve aims and objectives
C. Developing self
Improving personal performance and skills by recognizing weaknesses and areas for improvement
D. Decision-making
Obtaining and analysing accurate information in order to make effective decisions.
6. Managing people:
Managing and developing people is perhaps the hardest part of management. Managers must be able to agree clear, measurable objectives, manage the performance of both individuals and teams and provide regular and constructive feedback on their performance. Managers must provide timely and appropriate support for people, ensuring that they possess the right knowledge and skills to achieve their objectives.
Following should be kept in mind :
A. Setting objectives
Negotiating individual and team objectives which are challenging and achievable
B. Managing performance
Reviewing individual and team performance to ensure that objectives are achieved
C. Developing others
Helping others to improve their knowledge and skills in order to achieve their objectives
D. Providing feedback
Giving individuals and teams constructive feedback designed to improve performance.
7. Managing Change:
Managers are increasingly required to not only manage, but to initiate organisational change. Managers need to be able to gain people’s commitment to change, plan and implement change and to monitor the impact of change in relation to the organisation’s aims and objectives.
Following should be kept in mind :
A. Leading change
Identifying the need for change to achieve organizational aims and objectives
B.Planning change
Preparing plans to implement change programmes
C.Implementing change
Putting into practice a strategy and plans to achieve change
D.Monitoring change
Reviewing progress against change plans
8.Managing projects:
All managers manage projects whether they are large or small, short-term or long-term. Project management involves developing and agreeing a project plan and monitoring and controlling the implementation of and changes to the project plan to achieve the project’s Outcomes.
Following should be kept in mind :
A.Project planning
Determining the scope of the project and its outcomes and the required resources and critical time lines
B.Project implementation
Managing the resources to achieve the project’s outcomes on time and on budget
C.Managing project progress
Monitoring project progress and adjusting the project plan as required to achieve project outcomes .
D.Managing project closure
Confirming satisfactory project completion and identifying the lessons that can be learned for the future
9. Service Performance:
Managers need to deliver service levels as set out in their organisation’s plans and strategy. Effective planning and performance management combined with a strategy of continuous improvement enables managers and organisations to consistently satisfy and exceed the needs of customers both external and internal.
Following should be kept in mind :
A. Developing plans
Prioritising and organising work activities in line with organisational aims and objectives
B.Monitoring performance
Monitoring and reviewing performance against organisational aims and objectives
C. Managing performance
Reviewing individual and team performance to ensure that objectives are achieved
D.Managing improvement
Taking action to improve performance by acting on the lessons from past successes
10.Developing people:
Managers deliver organisational aims and objectives through the achievements of the people they manage. To be effective, people need to have clear objectives and a sense of direction and the knowledge, skills and confidence to perform. The role of the manager in developing people is more important now than at any time in the past; managers need to be developers of people.
Following should be kept in mind :
A.Setting objectives
Negotiating individual and team objectives which are challenging and achievable
B.Managing learning
Creating a supportive learning environment where people can develop new skills and confidence
C.Performance coaching
Building confidence levels, knowledge and skills through one-to-one coaching
D.Providing feedback
Giving individuals and teams constructive feedback designed to improve performance
11.Customer Focus:
Managers need to be customer focused in order to deliver the level of service and performance that is required of their organisation and team. Customer service requires an understanding of the needs of both internal and external customers, taking action to meet customer needs and implementing strategies to improve customer service levels.
Following should be kept in mind :
A. Understanding customer needs
Identifying the needs of both internal and external customers .
B.Meeting customer needs
Addressing customers needs by taking action.
C. Resolving customer issues
Taking responsibility for investigating and resolving customer issues
D. Improving customer service
Identifying and implementing strategies to improve customer service
ABOVE GIVEN ASPECTS I WILL KEEP IN MIND ABOUT THE PERSPECTIVE OF MANAGEMENT TO BE AN EFFECTIVE STRATEGIC MANAGER IN AN INDUSTRY.