Do you often wonder what the secrets to success are in management? You are not alone if so, as many managers find management to be incredibly challenging (especially when they first start out) but see many people seemingly born to be a manager. While it is certainly true that some people seem to be naturally good managers, there is also a lot that you can learn and skills that you can develop which could help you to excel.
The Secrets to Management Success
Discovering the secrets to successful management will help you excel in your role, get the most out of your team, overcome common business challenges and take the entire company forward. With this in mind, here are a few of the main secrets to management success that could help you to start making improvements right now.
1. Know What Is Expected of You
First, it is hard to succeed as a manager if you do not know what is expected of you. This is why you need to maintain close communication with your superior and determine your goal and targets for your performance and your team. It would be best if you also discussed ways to improve, such as by studying an online MBA or working on specific skills.
2. Set Goals for Individuals & Teams
Once you know what is expected of you and what is expected from your team, you should then start to set goals and targets both for individual team members and entire teams. These goals should be challenging yet achievable, and you should have goals set for the short, medium, and long-term.
Crucially, you must always recognize and celebrate any goal achieved to keep morale high and develop a team-based mentality.
3. Find People That Are a Good Fit
As a manager, you need to play an active role in the recruitment process and find people with a strong work ethic and be a good fit for the company culture. Much like a sports coach will struggle with a team of players that they did not pick; you need to make sure that you find people you want to work with and show promise.
With the rise of remote work, you might want to think about casting a wider net for recruitment as you could hire people regardless of their location, which could help you find the right people for your team.
4. Get to Know Each Team Member
It would help if you also took the time to get to know every team member. This will involve showing an interest in their personal life and being friendly (while maintaining boundaries) and discussing their goals.
It would be best if you then tried to help them to achieve this within your own company, whether this is paying for an online MBA, sending them to a conference, or giving them new responsibilities, which will both help take the business forward while also encouraging them to stay put with the company as they know that they will be progressing and developing under your wing.
5. Match Task to Skill
Leading on from this point, when you take the time to get to know each team member, you will also identify their strengths and weaknesses. You can then match the task to skill, which will help ensure that the task is successful and handled properly and help people feel that they have played a key role by playing to their strengths.
It can also make collaborative projects much easier as you can choose people with complementary skillsets and help everyone play their part.
6. Get Into the Habit of Giving Positive Feedback
This is one of the simplest secrets to management success, yet sadly, many managers overlook it. When you do not give any kind of feedback outside of performance reviews, people will not know where they stand, they are likely to lack confidence and will feel unsupported.
This is why you need to give positive feedback regularly so that people know that they are doing what is expected of them, raise morale, and create a stronger bond. Of course, you always need to give constructive criticism too, which should always be handled delicately and done in private.
7. Find Ways to Unite Your Team
It is not much good to have built your team with care only for them to not work well together. Of course, this is not something that is within your control, but there are ways that you can try to unite a team, and you should find that this develops over time provided that you provide that you can retain team members.
You can unite your team with team building events, informal events, collaborative projects, and by allowing open communication in the workplace (but not at the expense of work).
Keep in mind that you can be a part of these events and form relationships with your team members, but you will never be a part of the team as they will always see you differently, and this is a positive.
8. Earn an Online MBA
If you want to be a great manager, then an online MBA is essential. An online MBA will teach you the critical business and interpersonal skills that are essential to success in the world of business, which will help you to find success in a managerial position and help you to get the most out of your team while taking the business to new heights by developing the best strategies.
An online MBA can also greatly improve your earning potential, develop your self-confidence, allow you to develop a large professional network, and enrich your life in many less obvious ways, so an online MBA is certainly a worthwhile investment for any manager looking to improve.
9. Provide a Comfortable Work Environment
As a manager, you also need to think about the work environment you create for staff. You cannot expect people to work to their potential and be happy if they are coming into an uncomfortable work environment, so you might need to think about ways to improve the office.
This might involve making it open plan, purchasing ergonomic equipment, maximizing natural light, and decorating in a tasteful yet neutral style.
10. Involve Them in Decision Making
Successful managers will also keep their team updated on the company’s latest developments and challenges and even involve them in important decision-making processes.
This democratic approach is a win-win situation because it helps employees feel valued and an important part of the organization, which means that they are engaged with the business, and it is also useful for bringing a wide range of opinions and ideas to the table. This secret to management success also results in better employee retention.
Often, employees have great ideas for improvements that could be made because they are involved in various different processes and are coming up against challenges every day that you could be unaware of in a managerial role.
11. Encourage Autonomy
Encouraging autonomy is another managerial approach that can be a win-win situation. This is because autonomy encourages your team members to find their own best working way, which should help them thrive while also feeling trusted.
On top of this, it also lessens the amount of work you have to do to focus on your own performance and the big picture. Autonomy is certainly helpful for a manager, but you also need to get the balance right and make sure that your door is open and available for support when staff needs it.
12. Provide Flexibility
Similarly, you need to provide some flexibility to your team to show your trust and keep morale high. Flexibility in terms of remote work opportunities and a flexible schedule has previously been seen as perks but are now becoming expected, especially with the pandemic forcing businesses to adopt remote work, but many realizing the benefits that this can provide.
Managing a remote team presents new challenges for a manager, so you need to spend some time researching how you can support staff remotely and ensure that everyone has the right equipment and tools to work effectively and overcome the challenges that can arise with remote work.
13. Make Smart Financial Decisions
As a manager, you always need to have finances in the back of your mind. Every decision needs to be run through a financial filter to determine whether or not it is a smart move – if not, you should reconsider as a good manager is one who is financially savvy and will be able to find ways to improve the bottom line and make good use of company money.
You also need to review finances regularly to make sure that money is never being wasted, and this will always be a good way to impress the people upstairs.
14. Learn from Your Failures
Managers need to be able to make the big decisions, which can be daunting because there can be a lot riding on them. This means that you need to have confidence and be willing to take risks, but you also need to show some caution and make these calculated risks by discussing them with relevant people and using data to guide your decisions.
Not every decision will go your way, and this is ok, but you need to make sure that you learn from these failures so that they do not happen again and so that you can become more experienced and confident in yourself. This is one of the most important secrets to management success.
15. Conduct Ongoing Research
Ongoing research is vital for self-development, identifying new opportunities, overcoming challenges present, and staying current. An online MBA is a great qualification to have.
Still, you also need to make sure that you are continuing to perform research and an online MBA, including researching business developments and trends, staying current with the latest technological developments, analyzing your competitors, and learning as much as you can about your target customer.
16. Separate Your Home & Work Life
Being a manager can be extremely demanding, challenging, and a lot of hard work, which is why it is so important that you can avoid taking your work home with you to enjoy your time off and rejuvenate (more on this below).
Similarly, it would be best if you tried to avoid bringing your home life into work as you need to maintain a professional image at all times. It is good for your team to know a little about you and have conversations, but you need to remain their boss first and a friend second, which means having clear barriers between your professional and personal lives.
17. Look After Your Wellbeing
Leading on from this point, managers need to make sure that they are looking after their wellbeing to maximize their performance, stay healthy, avoid burnout, and enjoy both the work and personal life. This secret to management success involves getting enough rest, finding ways to unwind after a stressful day, getting enough exercise, eating a healthy diet, keeping an active social life, and getting enough sleep.
It can be challenging to fit all of this in on top of work, which is why you need to stay organized and make the most of your time. Additionally, activities like yoga and meditation can be perfect for busy professionals because they can be done from home and do not take up too much of your time.
Taking time for your family is just as important as taking time for yourself, after all what are you working so hard for, if not the benefit of your loved ones? Schedule a regular day that you spend with them, doing something that you all enjoy together, whether that is going out for a walk and reconnecting with the outdoors, or staying in having a sofa day.
Building on the Secrets to Management Success
Hopefully, these secrets to management success will come in useful whether you are a new manager or have some experience but are looking to improve your abilities. It is true that some people are naturally better managers than others, but it is also a skill that can be learned and developed over time, particularly when you keep this information in mind and start putting it into action in your own role.