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The 10 Golden Rules of Effective Management

https://www.entrepreneur.com/article/254547

entrepreneur.com

The 10 Golden Rules of Effective Management
5 min read Opinions expressed by Entrepreneur contributors are their own. Even if your job title doesn't include "manager," there's a good chance you'll have to handle some management duty sometime in your career. And, as an entrepreneur, you're already a manager, because almost every one of your responsibilities has some management element to it.

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Be Consistent

Be Consistent

You must reward the same behaviors every time they appear, discourage the same behaviors when they appear and treat every member of your team with an equal, level-headed view.

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Communicate Properly

Communicate Properly

How you communicate with your team can dictate your eventual success. To avoid miscommunication and to keep your team updated, always strive for clarity, accuracy, and thoroughness on your communication.

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Aim To Work as a Team

Aim To Work as a Team

Have your team work for something together.

Setting goals just for the department or one individual breeds isolation and a limited mentality. Instead, give staffers a unified focus and purpose, to inspire them together.

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Publicly Recognize Hard Work

Publicly Recognize Hard Work

Reward members of your team that do something exceptional, even if it’s just a vocal recognition. Do this publicly so the recipient feels good and the rest of the team knows that hard work is rewarded.

Just be careful to be consistent in your rewards so you won't be seen as playing favorites.

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Be The Example

Be The Example

Set an example in terms of your behavior. Strive to be your own ideal of the perfect worker, especially in front of the team.

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Never Go With 'One-Size-Fits-All.'

Never Go With 'One-Size-Fits-All.'

Your team is comprised of individuals with unique personalities and capabilities, so individualized approaches work better. Never use the exact same approach to motivate, encourage or mold all of them. 

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Be as Transparent as Possible

Be as Transparent as Possible

Transparency shows your integrity as a leader and builds trust with the members of your team. Lying or withholding information, could jeopardize your relationships and the respect you command as a leader.

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Encourage All Opinions

Encourage All Opinions
  • The more people you have actively participating in discussions and attempting to make improvements to the organization, the better.
  • Never chastise a team member for voicing an opinion respectfully -- even if it goes against your original vision or isn’t well thought out. 
  • Don’t cut someone down for voicing an opinion, it builds resentment and discourages people from sharing their own new thoughts.

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Help People Enjoy Work

Help People Enjoy Work

You don’t need a pool table or dress code abolition to make work fun. You can make the workday more enjoyable with things like surprise lunch outings, a dedicated break room or even just casual conversations with your workers.

Help your people enjoy coming to work, and they’ll do their best work for you.

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Listen And Ask Questions

Listen And Ask Questions

Don’t silence those who disagree with your management style or don’t like the direction of the company. Listen. And ask questions of your entire team.

Open dialogue makes it easier to proactively identify problems and work together to create a mutually beneficial environment. It will also make your employees feel appreciated and acknowledged.

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SIMILAR ARTICLES & IDEAS:

The concept of servant leadership

The actual term for a leader who upends the power pyramid to put others' needs first was introduced by Robert Greenleaf in his influential 1970 essay "The Servant As Leader" in 1970.

The 6 main principles of servant leadership

  1. Empathy. Give trusted co-workers the benefit of the doubt by assuming the good in them. It goes a long way toward instilling loyalty and trust in you from your team.
  2. Awareness. Care deeply about the welfare of the team members. Don't view them only as cogs in a machine.
  3. Building community. Build community where both employees and customers can thrive.
  4. Persuasion. Rely on persuasion rather than coercion to create internal motivation required to complete the task effectively.
  5. Conceptualization. Servant-leading entrepreneurs focus on the big picture and don't get overly distracted by daily operations and short-term goals.
  6. Growth. Care passionately about the personal and professional growth of each member of the team.

Questions To Help You Delegate

  • As a manager, what tasks am I doing that I was doing before my promotion?
  • What tasks would I delegate to a member of an ideal team?
  • What team members have the capacity to learn...

Effects Of Stress In The Workplace

  • Poor physical health
  • Personal avoidance
  • A decrease in information sharing
  • Bad mouthing the company
  • Quitting
  • Excessive defensiveness
  • Social conflicts 

How To Decrease a Manager’s Stress

  • Being vulnerable
  • Delegating
  • Having clear goals and evaluation parameters

Don't waste valuable energy

Don't waste valuable energy

We can't waste valuable energy on mindless activities while putting off what matters most for later.

In business, wasting energy means working on low-value tasks, and thinking b...

Cut out the optional

Being overwhelmed may be the new normal, but taking on too many responsibilities may be watering down our overall impact.

Bring back your focus to what matters most. Work on the projects that are the real game-changers. Delegate the discretionary work and eliminate unnecessary meetings.

Design an action plan

Running a thriving business means understanding how to organize your work by importance and knowing when to delegate.

  • Find your sweet spot. When you consider taking on a project, see if it aligns with your purpose and the organization's broader goals. Ask yourself if you're the right person with the right skillset.
  • Automate. As your company grows, use automation tools for low-level work. It also allows your employees to make more meaningful contributions.
  • Set boundaries. Learn to say no to low-level tasks. Set your own limits about what you'll take on.

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