Ever wondered what the responsibilities of a manager are? Their responsibility ranges from improving efficiency and departmental profits to overlooking designated departments’ operations. Their job also pertains to hiring staff, designing strategies and setting goals for business growth, controlling budgets and optimizing expenses, and ensuring employees are motivated and productive.
As per the U.S Bureau of Labor Statistics, job vacancies in management occupations are expected to grow by 9% by 2030. The median annual income is already around $102,450 as of May 2021. Since the demand for managers will increase, let’s look at some skills managers should have to get highlighted.
How Can a Manager Evolve?
Growth is vital for employees and even entrepreneurs. Hence, there’s a need to pick a leadership style that helps the team evolve. If you’re working to change your leadership style towards a more adaptive leadership, you’ll have to designate time to learn, adapt, evolve, and open yourself to feedback. Adapting to modern solutions and techniques can evolve a manager trickle down to the team, improving their overall performance. They have truly evolved when they set their mind toward making real change and sustaining a standard by succeeding in their endgame.
Let’s look at some skills managers need to build on.
Building Work Relationships
The key to being approachable and building a rapport with the team. Ideally, managers need to build healthy working relationships with their work. Managers need to work on building these relationships using the framework of trust, respect, self-awareness, inclusion, and open communication.
Some positive indicators indicate that employees have a stronger relationship with their managers and coworkers. This includes:
- Employee satisfaction
- Decreasing stress on the manager
- Employees feel that their desires are being met
- Employees have improved in conflict management.
On the Go Decision-Making
Every decision leads to a chain of events that result in consequences. The manager has to practice and work on critical thinking. They have to consider all factors involved in the making of the decision. Nothing can be left to chance; no factor can be taken lightly. Considering all factors and moving forward speaks volumes about a manager’s responsibility process. The factors include a team’s productivity, finances, analysis risks, and alignment.
Maturing Emotional Intelligence
Emotional intelligence helps a manager collaborate and communicate effectively. Some of the pillars of emotional intelligence are:
- Self Control
- Self Awareness
- Social Skills
- Self Motivation
Consider building on these pillars through online courses and workshops, as these are part of corporate training for managers through professionals. Furthermore, these professionals have a strong background in psychology and help analyze the areas a manager may need to build on individually.
Communicating With Shareholders
Bigger projects are more time-sensitive and need split-second decisions making. Hence, managers must build on their communication skills to handle shareholders and make their team members’ instructions as clear as possible. This also brings clarity to shareholder analysis as the manager would be able to highlight the indicators the shareholders are critically interested in.
A manager often has to solve problems on the fly. Hence they require mental strength and critical thinking. These managers increase productivity and job satisfaction and encourage team creativity. To be able to solve problems, managers often take the following steps.
- Defining the Problem
- Examining the Problem
- Mapping out Potential Solutions
- Plan the Implementation
- Make changes to the current workflow to eliminate similar issues in the future
Should a Manager Evolve?
Managers need to evolve with the changing times to keep their performance at an optimum level. To do this, managers must make tangible and actionable changes to their approach. Some of these practices are breaking down goals and objectives and explaining why and how this goal needs to be achieved. Furthermore, managers need to play out the change in scenarios so that employees can see the application of these ideas.
All In All
Managers motivate the team and streamline workflow processes to improve the overall process. We’ve already covered how managers must improve their working relationships and decision-making skills. They need to work on maturing their emotional intelligence, catering to shareholders, solving problems on the go, and constantly evolving to improve efficiency.
If you feel more about this topic than we’ve mentioned, feel free to add your two cents in the comments below.