Skills Required For Effective Management Commerce Essay

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Leadership like motivation is an organizational behavior topic that has been heavily researched and most of the research has been aimed of leadership and management differciation. Management is more official and methodical than leadership. It relies on universal skills such as planning, budgeting, and calculating. Management is explicit set of apparatus and techniques, based on analysis and testing that can be used in a multiplicity of situations. Leadership produces change, often to a theatrical degree, such as by spearheading the launch of a new product or opening a new market for an old product. Management is more likely to produce a degree of predictability and order.

But not all leaders are managers; nor for that matter, all managers leaders. Just for the reason that an organization provides its managers with definite official rights is no declaration that they will be capable to lead successfully. We find that no sanctioned leadership that is capability to influence that arises outside the formal constitution of the association is often as important as or more important than recognized influence. In other words, leaders can emerge from within a cluster as well as by formal meeting.

The capacity to effort with, understands, and motivates other people, both independently and in groups, describes human skills. Many people are theoretically proficient but interpersonally lacking ability. They might be poor viewers, unable to recognize needs of others, or have complexity managing conflicts. Since managers get things done through other people, they must have excellent human skills to converse, motivate, and delegate.

However, not all leaders necessarily have the capabilities or skills of effective managers and, thus not all leaders should be managers. The fact that an individual can influenced others does not mean that he or she can also plan, organize and control.

Leader's vs. Managers

Visionary

Rational

Passionate

Business-like

Creative

Persistent

Inspiring

Tough-minded

Innovative

Analytical

Courageous

Structured

Imaginative

Deliberative

Experimental

Authoritative

Independent

Stabilizing

Shares Knowledge

Centralizes Knowledge

Trusting

Guarded

Warm and radiant

Cool and reserved

Express Humility

Rarely admits to being wrong

Imitator

Implementer

Act as a coach

Act as a boss

Does the right things

Does things right

The Role Of The Manager

Motivating People:

Motivating people to execute to the best of their capabilities and in the best benefit of the association is a huge task. Important fundamentals in motivating people comprise leadership, clear managerial and individual goals, rewards based on performance of employees, and participatory management. Techniques integrated in this section that will help you motivate your workforce include rising a administration visit plan, effective meeting management, and techniques for solving conflict.

Negotiator

Part of almost any manager's job description is trying to make deals with others for needed resources. Researchers have identified three specific negotiating activities:

Bargaining with superior for funds, facilities, equipment, or other forms of support.

Bargaining with other units in the organization for the use of staff, facilities, equipment or other forms of support.

Bargaining with supplier and vendors for services, schedules and delivery times.

Spokes person:

Transmits information to outsiders on organizations tactics, policies, events, and results; serves as specialist on organizations business. Example: Attends board conference; handles contacts connecting transmission of information of to outsider.

Disseminator:

Transmits information gathered from outsiders or from other subordinates to members of the association. Example: Forward mail into organization for informational purposes; makes verbal contacts involving information flow to subordinates such as review sessions.

Team builder

Leadership is more and more taking place inside a team circumstance. As teams rise in popularity, the role of leader in guiding group member takes on sensitive importance. And the role of team leader is diverse from the traditional leadership role performed by first line supervisor. Many leaders are not prepared to handle the modify to team.

MANAGEMENT & LEADERSHIP SKILLS:

PERSONNEL SKILLS:

Self confidence

In virtually every leadership setting, it is important for that leader to be realistically self-confidence. A leader who is self-assured without being bombastic or overbearing instills self-confidence in team members. A self-confidence team leader of a group facing a seemingly impossible deadline might tell the group. "We are understaffed and overworked, but I know we can get this project done on time. I have been through tough demands like this before. If we was work like a true team, we can pull it off." Self confidence among the first leadership skills researcher identified. In addition to being self- confidence, the leader must project that self confidence to the group. He or she may do so by using unequivocal wording, maintaining. Good posture and making appropriate gesture such as pointing an index finger outward.

Self confidence among the first leadership skills researcher identified. In addition to being self- confidence, the leader must project that self confidence to the group. He or she may do so by using unequivocal wording, maintaining. Good posture and making appropriate gesture such as pointing an index finger outward.

Humility

The best leaders are humble. They apply humility in their leadership loom by asking for help in situations where they know their community on the frontlines or who are quicker to the situation may have better answers. Leaders also apply this humbleness by hiring strapping personalities that have strengths in areas where they are fragile and they are not endangered by the presence of that strong individuality. Admitting your mistakes to group members and outsider.

A leader upon receiving a compliment for an accomplishment may explain that the group deserves the credit. The case for humility as a leader trait is made strongly by Stephen G. Harrison, the president of a consulting firm; in his comment "Great leadership is manifested or articulated by people who know how to understand it. There is leadership value in humility. Great leadership comes from entirely unexpected places.

Presentation skills

The presentation skills of a leader is the key trait, management is not just an individual or group of people in a high spot; indulgent leadership is not complete without considerate interactions between a leader and his or her supporters. Neither is leadership merely the capacity or stationary capacity of a leader. We need to look into the self-motivated nature of the association between leader and followers. In these unique communal dynamics, all the parties implicated attempt to influence each other in the pursuit of goals

Time management

For the reason that the typical manager is a very demanding person, it is important that time be managed efficiently. This requires a considerate of how to assign time to different projects and actions. It is up to the manager to find out how to manage time so that effort can be completed most proficiently. Good time management skills can be educated, but managers must be eager to prioritize actions, delegate, deal with interruption, organize work, and do other acts that will make them superior manager.

PERFESSIONAL SKILLS:

Goal setting:

It involves establishing definite, quantifiable and time targeted objectives. Goal setting is a key component of personal development. Effectual goals should be substantial, specific, and sensible and have a time targeted for achievement. There must be sensible plans to attain the future objective. In business, objective setting has the compensation of encouraging participants to put in considerable attempt; and, because every affiliate has distinct prospect set upon him or her little room is left for insufficient effort going ignored. Managers cannot be continually able to drive inspiration and keep track of an employee's job on a permanent basis. Goals are therefore an vital tool for managers since goals have the capability to function as a self regulatory instrument that acquires an employee a definite amount of supervision have distilled four mechanisms through which goal setting is capable to affect being performance:

Goals focus consideration towards goal significant activities and away from goal extraneous activities.

Goals provide as a boost; higher goals will persuade greater try while low goals induce slighter effort.

Goals affect perseverance; constraints with regard to capital will affect work pace.

Goals make active cognitive information and strategies which allows workers to cope with the circumstances at hand.

Consulting:

A professional who provides suggestion in a specific area of knowledge such as management, marketing, human resource. A consultant is typically an expert or a skilled in a definite field and has wide information of the subject matter. A consultant generally works for a consultancy firm or is self employed, and engages with numerous and changing customers. Thus, clients have access to deeper levels of knowledge than would be viable for them to keep in house, and may acquire only as much service from the outside advisor as desired.

Mentoring:

Mentor enhances the career of protégés in many ways, such as by recommending those for promotion and helping them establish valuable contacts. Mentoring is also mentioned frequently as an effective method of helping minorities advance. For women and peoples of color mentoring provide them access to leadership and power that they had normally be shut out of.

A high level mentor involvement is to coach the apprentice on how he or she handles the certain leadership assignments. The mentor is not usually physically present when the protégés is practicing leadership.

A recent popular approach to mentoring is shadowing, or directly observing the work activities of the mentor by following the person around for a stated period of time, such as one day per month. The protégé might be invited to strategy meetings, visit with key customers, discussion with union leaders, and the like. The protégé makes observation about how the mentor handles situation, and a debriefing session might be held to discuss how and why certain tactics were used.

LIST OF PERSONAL & PROFESSIONAL SKILLS

Personal Skills Professional Skills

Presentation skills

Time management

Self confidence

Humility

Goal setting

Consulting

Mentoring

WAYS TO DEVELOP LEADERSHIP SKILLS

Leadership skills should not be taken for granted; the basis of all businesses rely on good these skills.  That is why it is important for those who want to develop their careers to develop their leadership skills. Career is not just about getting a degree. If you want to grow upwards, you should be able to take on responsibilities and get people to follow you. You should know the right time to step up and to share your ideas with those who are around you and globally. Making a difference in the world requires people who are smart, skilled and are raring to go all the way while influencing people.

FOR PROFESSIONAL DEVELOPMENT:

Attending conferences and seminars:

When you go to a conference associated to your area of proficiency, you will get opportunities to converse with nationally known leaders of your business social group you distinguish by status and through their articles and books. One of the best reasons to be present at these conferences is networking with other professionals in your business. In the development of this networking you will be branding your company and yourself as a specialized and/or a professional in your business. The quality of information offered will evidently vary from seminar to seminar, but the superior ones can provide you great fuel for your promotion campaigns or other business strategies.

Collaborative work with colleagues:

Refers to process, methodologies and environments in which professionals connect in an ordinary task, in which individuals depend on and are liable to each other. The aim of collaborative knowledge work is the formation of a shared knowledge structure which is resulting from group agreement. The personal behaviors planned below are based on careful examination of the behaviors generally practiced by that community who are victorious when functioning with others. When used consistently they will convert your capacity to work with and through group.

Clarify what you are devoted to

Listen Empathically

Speak dependably

Think Win/Win

Good mouthing the solution to badmouthing

Continuous professional development curses:

The rising burden of business, the level of proficiency and the need for devoted professionals has increased. It is essential to have professional familiarity on how to handle tricky situations. Specialized development schools create sure that people advantage from the guidance given to them. The benefits are based on the excellence, consistency and methodology apply. It helps to put up confidence, promotes individual development and attracts value staff.

The professional development instruction program helps in creating worth for staff, in terms of given that service. This helps to improve the confidence stage of the employees, businessmen and expert staff, to carry out the best of their abilities. The enthusiasm to perform and a excellence output is a part of certified development programs.

Professional development schools give the familiarity and skill to get better. This in turn encourages enhanced performances, growth, quick expansion and reliability. Progressive professionals entail growth and expansion opportunities to improve their career advancement. The programs conducted by the expert development schools are stumpy on fees. The employees should be passionate to participate and harvest the benefits of professionalism.

FOR PERSONNEL DEVELOPMENT:

Work life balance:

Finding a 'perfect' balance among work and life is exceptional.  The nature of that equilibrium is different for every individual, and changes over instance for each individual.  So we shouldn't struggle for excellence, but to always be aware of building choices that will help all aspects of our life. Introducing employment policies that give confidence a better work/life balance for your employees can carry real benefits to your company. Research has shown that if workers are fewer harassed:

The excellence of their work is likely to progress

Productivity is probable to increase

Wastage levels can be cut through less mistakes and compact illness absence

Morale should develop

Recruitment and preparation costs can be cheap through enhanced staff preservation

Self discipline:

You may ask yourself what self discipline is able to give you. Firstly, self discipline can give you a sense of pride. Not everyone has self regulation. And when you achieve an objective, you will get a sense of attainment. Also having self discipline can also enhance your self-assurance. When you have self-assurance, everything you do, will go efficiently. Most significantly, you can also gain new skills and awareness.

Action learning program:

People are trained through doing. They learn about scientific issues such as labor cell plan. They learn about group processes and how to play role in teams. They also learn leadership and collaboration skills. Action education gives team members self-assurance in their abilities to learn while promoting a suitable humbleness about their actual awareness. Companies require learning coping skills for new troubles. The rate of revolutionize in the outsider atmosphere is accelerating and has been for numerous decades. It is only likely to speed up more.

Time management and stress management:

Proper time management allows you to take some measures of control over your life; it also allows you to become more productive. It makes you more confident and allows you to have more fun in your life. It provides you the ability to meet your goals. Similarly many stress relievers can also make you healthier and yet more good-looking, productive, and happy.

Psychological counseling:

It strives to clarify the innate differences amongst people, how much people vary in response to their atmosphere, the role people play in their own improvement, the natural kindness and wickedness in civilization, and the association of child to adult manners.

It helps to decrease stress, emotional aches; it also helps to enhance relaxation and gives you wisdom of well being. It also helps you to get better your relationship with others and give you a superior control over your emotions. It also helps you to find out new ways to deal with your concern and boost your self respect.

TASK TWO: MANAGEMENT AND LEADERSHIP SKILLS: PERSONAL SKILLS AUDIT

AUDIT OF PERSONAL SKILLS

Rating Your Management and Leadership Skills

No.

Skill

Very good

Satisfactory

Needs Improvement

Poor

Not tested

1.

Self-confidence

10

3

1

-

1

2.

Humility

3.

Time management

7

5

3

-

-

4.

Presentation skills

7

3

3

2

-

5.

Goal setting

6

5

3

1

-

6.

consulting

8

4

2

1

-

7.

mentoring

7

3

3

2

-

PREFERRED LEARNING MANGEMENT STYLE

Management Learning Style

Very good

Satisfactory

Needs Improvement

Poor

Not tested

Achievement oriented Style

2

4

7

1

1

13.33%

26.67%

46.67%

6.67%

6.67%

ANALYSIS OF QUESTIONNAIRE

QUESTION # 1

Very good

Satisfactory

Needs Improvement

Poor

Not tested

Self confidence

10

3

1

0

1

QUESTION # 2

Very good

Satisfactory

Needs Improvement

Poor

Not tested

Humility

6

4

3

1

1

QUESTION # 3

Very good

Satisfactory

Needs Improvement

Poor

Not tested

Time management

7

5

2

1

 

QUESTION # 4

Very good

Satisfactory

Needs Improvement

Poor

Not tested

Presentation skills

8

4

2

1

 

 

53.33%

33.33%

13.33

6.67%

 

QUESTION # 5

Very good

Satisfactory

Needs Improvement

Poor

Not tested

Goal Setting

6

5

3

1

 

40%

33.33%

20%

6.67%

 

QUESTION # 6

Very good

Satisfactory

Needs Improvement

Poor

Not tested

Consulting

8

4

2

1

 

QUESTION # 7

Very good

Satisfactory

Needs Improvement

Poor

Not tested

Mentoring

7

3

3

2

 

QUESTION # 8

PREFERRED MANAGEMENT STYLE

Very good

Satisfactory

Needs Improvement

Poor

Not tested

Directive Style

2

4

7

1

1

13.33%

26.67%

46.67%

6.67%

6.67%

TASK THREE: PERSONAL DEVELOPMENT PLAN

SWOT ANALYSIS OF THE SKILLS, KNOWLEDGE AND OBJECTIVES

SWOT investigation is a general method which can be practical across diverse functions and actions, but it is particularly suitable to the early stages of preparation for a TIPD visit. Performing a SWOT analysis involves the generation and footage of the strengths, weaknesses, opportunities, and intimidation in relation to a meticulous task or object. It is customary for the examination to take account of inside resources and capacity (strengths and weakness) and factors external to the organization (opportunities and threats).

Strength

Time Management

Presentation skills

Self-confidence

Weaknesses

Lack of experience

Lack of Emotional intelligence

Lack of Negotiation skills

Opportunities / Goals

Better Results

Higher Studies

Desired Job

Threat

Economic Downturn

PERSONAL DEVELOPMENT PLAN

Name: …………………………………………. Date:……………………………..

Your plan should identify the learning need and how this will help the organization achieve its goals. You need to consider all the resources needed to help you achieve your objectives, and build in realistic timescales for both achievement and review.

Learning and Development Need

How does this support the organization's goals

Learning actions to be taken including resources needed to achieve them

Date for achievement/review

Motivator

Assist the colleagues towards their excellence

Experience

6 months

Self management

Ability to control ones emotion and act with honesty and integrity

Self - management activities

2 months

Directive style

Task oriented leader some time more effective than relationship leader

Practical experience motivate towards the directive approach.

3 months

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