Showing posts with label Managers. Show all posts
Showing posts with label Managers. Show all posts

Management - 10 Tips For New Managers

You have just been promoted to your first management role. Chances are you are excited and at the same time slightly apprehensive about the next stage in your career.

So what are my top 10 tips for new managers so that they can hit the ground running?

Management

Tip 1: Believe in yourself

Management - 10 Tips For New Managers

Sometimes, when stepping into a new role, you can face a loss of confidence. Remember that those who promoted you saw your potential. Hold this thought at the forefront of your mind in the early days.

Tip 2: Accept you will have struggles

You don't want to be able to do everything in the job on day one; otherwise there is no scope for growth. Accept that, every time you take a step up in terms of the hierarchy, there are going to be struggles and challenges.

Tip 3: Take time to get to know people

You will probably find that it takes a bit of time to reach the point where you are fully utilised. Make use of this time to get to know people.

Tip 4: Get to know the culture

Every organisation has its own culture, norms and behaviours. The earlier you can get to grips with this, the easier it will be to adapt to the way of working.

Tip 5: Don't keep comparing

A trap to be alert to is making comparisons between your new job and where you have just come from. While past experience can be helpful, people will not appreciate you if you keep saying how much better you were at doing things at your old place.

Tip 6: Make your own mind up

Everyone will love to tell you about all of the good, and usually the not so good, points of others. Don't follow like a sheep, give everyone a fair chance and make your own judgements on people.

Tip 7: Make small changes to start with

You may have some ideas on changes that you want to make. At the same time, you don't want to be biting off more than you can chew. Focus on making small changes to start with.

Tip 8: Don't over promise

It can be tempting to make promises at the start which you think will be popular. However, if you fail to deliver, people will hold it against you. It's better to under promise and over deliver in my experience.

Tip 9: Be clear on expectations of others

Make a point of meeting with those that report directly to you and setting out your expectations of them in terms of what they have to deliver. Set these out in terms of written objectives and make sure you check progress from time to time.

Tip 10: Keep developing yourself

Every new job brings new challenges, so make a point of continuing to work on your professional and personal development.

The Bottom Line

Taking on your first management role is a big step so make sure you follow these simple tips and set yourself up for success.

Management - 10 Tips For New Managers

Now I invite you to sign up for my free Weekly Leadership and Management Success Tips at http://www.goalsandachievements.co.uk/?pid=26.

Duncan Brodie of Goals and Achievements (G&A) works with accountants, health professionals, teams and organisations to develop their management and leadership capability.

With 25 years business experience in a range of sectors, he understands first hand the real challenges of managing and leading in the demanding business world.

Management - 8 Key Competencies of Successful Managers

Management is a diverse role with a range of responsibilities and challenges that need to be addressed. Competency as a manager is an important part of achieving. So what 8 key competencies do successful managers have?

Competency 1: Results Focus

Management

Successful managers know that at the end of the day it is not what you do but what you deliver that matters. Having a results focus is about knowing what outcomes are required and focusing yourself and those that you manage on delivering the results. This results focus keeps you on track and reduces the scope for distractions.

Management - 8 Key Competencies of Successful Managers

Competency 2: Making Change

Leaders regularly set out requirements for change. It might be in terms of process, people, service, ways of doing things to name just a few. While leaders will set out the overall direction, managers are the people who need to make the change happen on the ground. This requires them to overcome the obstacles that without doubt will appear as they try to make change.

Competency 3: Planning

Managers do not have the luxury of just having one thing to do. They have to manage money, people, processes, projects, customer relationships and themselves. This requires them to be able to plan effectively so that they get the best results possible.

Competency 4: Team Development

Managers cannot do everything on their own. They need a team around them that can help them to deliver results. Successful managers recognise that team development is an ongoing activity. People come and go from teams and the dynamics that this creates need to be managed. Many team members want to progress and so creating opportunities for growth and development is important.

Competency 5: Risk Management

All areas of business face threats and managers need to become competent at identifying and responding to risk. These risks can range from losing key staff to health and safety issues. Successful managers recognise the importance of identifying and proactively responding to risk.

Competency 6: Decision Making

Until a decision is taken, nothing happens. Managers who procrastinate are a source of frustration to staff. The staff might not always like or agree with the decision that you have made but they will prefer you to take a decision rather than procrastinate.

Competency 7: Communication

Successful managers are effective communicators in 3 areas. They are effective speakers and can put their points forward clearly. They are also effective at getting their message across in writhing whether it is an e-mail or report. Finally, they are effective listeners.

Competency 8: Customer Service Focus

Successful managers recognise that they have customers, even if they are not working directly with the end consumer or user of the product or service. Successful IT Managers see the users of the systems as customers. Accounts Department Managers see budget holders, employees whose salaries they process and suppliers they pay as customers.

Successful management requires you to have a range of competencies. So where are you highly successful and where do you need to develop to be an even more successful manager?

Management - 8 Key Competencies of Successful Managers

Duncan Brodie of Goals and Achievements (G&A) works with individuals, teams and organisations to develop their management and leadership capability.

With 25 years business experience in a range of sectors, he understands first hand the real challenges of managing and leading in the demanding business world.

You can learn more about Duncan, Goals and Achievements services and products and sign up for his free e-course and newsletter at http://www.goalsandachievements.co.uk/

Property Management - Checklist in Finding Your Property Managers

Managing rental properties like apartment, studio, condominium, townhouses or house and lot requires a lot of money, time and effort. It also needs near-constant availability to ensure that you meet the needs of your tenants. Property Management Company is the answer to many property owners and investors who are having a hard time managing their properties. This property management company is composed of professional people who are tasked to build a good relationship between the landlord and the tenant. Their duties include the collection of rent, responding to maintenance issues and repair damages of the property, evictions, and monthly financial reporting.

Not all property management companies are alike. Like any products or services in the market, there are hundreds of property management companies who are promising to offer a good service but only few deliver the best-in-class service. Thus, you have to be very critical in selecting the company to manage your properties. Below are some tips on how to find the company to trust in managing you properties:

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1) Good Reputation. Reputation is an intangible and multifaceted concept, which takes time and experience to build. The company's reputation speaks a lot of its identity and the kind of service that it offers to its clients. A good property management company must be consistently professional, responsive and thorough. In addition, the company must be a licensed real estate broker and must have a team of experts to manage you properties. Pick the one who values your property.

2) Cost Efficient. Understanding financial statements, profit and loss, income taxes and budgeting are all very essential for the property manager. Expertise and competitive rental properties is necessary. The real estate property management company should work closely with the landlord in order to maximize rental income and return on investment for the property.

3.) MARKETING STRATEGIES- Good marketing strategies of a company can attract more potential tenants to lease your property. Effective competition in the market place necessitates more than just a word of mouth; it needs a solid marketing. Advertisements should be consistent and up-to-date. An effective marketing strategy can maximize occupancy and rental rates.

4.) Quick and Responsive- Quick and responsive communication are the solution to business development and service improvement. The skill to communicate effectively with customers and respond to their needs is essential because it only reflects how customers are valued. The property manager must then respond to their requests, monitor their activities as regards the lease requirements, collect rent in a timely manner, and continually assess the tenants' satisfaction as regards the property's amenities versus those of competing rental properties in the area. Services and communication must respond to the members' needs.

5.) Conflict Management Skills. Lastly, a quality property manager should be excellent in conflict management. Real estate matters are so sensitive; therefore, crucial situations are being dealt here. Knowledge of existing laws is important towards the implementation of the business policy to avoid unwanted outcomes. They should know how to deal with the complexities of running rental properties.

Property Management - Checklist in Finding Your Property Managers

I am Noel Addison Agnote as an internet marketer, I believe that I have this obligation to guide the rental property owners and investors in choosing the right property management company to run their business and properties.

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