6 Common Traits That the Best Managers Have
Over time, iconic companies have fallen due to poor leadership. One such case is the sale of Yahoo to Verizon for 5 billion dollars. Prior to this event, Yahoo had all the opportunities to integrate with other institutions such as Google and Microsoft. One such situation was the chance to buy Google for 1 million dollars in 1998. According to Yahoo Finance, this deal did not go through because the company felt that they would lose their daily users to it.
Nonetheless, they got another shot to make amends to this deal in 2002, but this time Google’s price tag had shot up to 5 billion dollars. Feeling the price tag was too much, the CEO declined to buy the company. Currently, Google is worth over 500 billion dollars. This begs the question of what qualities determine your empire will flourish beyond your days on earth? Well, here are six traits that great managers have.
Creativeness
If you want your organization to compete for a greater market share, then you need a manager who is creative and result oriented. Creative minds find more natural solutions to overcome pending issues. A great manager is always welcome to new ideas from his subordinates regardless of race or gender. He or she will always recognize individuals who provide excellent solutions to every problem and always acknowledge them for yearly awards. These managers trust the people at edco.com to provide those awards to great employees. A reward system ensures your employees feel the need to be part of something big.
The ability to select employees based on their talents
If you are to consider the type of interviews that most companies have, then you will realize there is a difference. Regular companies ask you out for an interview, but for global companies, you have to pass several online tests before attending a face to face interview. These tests help recruiters determine your skills such as your talents, your ability to solve problems and can you deliver under pressure. Ideal managers understand that each person has an advantage over other employees in different tasks and, for better results, the right position for each might do the trick.
Decisiveness
Decision making is the most crucial step for any manager. In most situations, managers are making decisions daily. Competent managers have to understand that the buck stops with them and they are not afraid to make unpopular decisions. For instance, if the CEO of Yahoo had bought Google, then maybe they would dominate the internet. However, today they are just struggling to stay afloat. Being decisive ensures the company can withstand different economic times. Ideal leaders understand that companies don’t need to be rigid to their initial course; they can diversify to offer more products and services. For instance, Johnson & Johnson is known to produce baby shampoo and Band-Aids; however, what most people don’t know is that the company has diversified to manufacture surgical instruments. This has catapulted it to one of the most valuable institutions on the globe with yearly net revenues of 72 billion dollars.
Excellent team players who don’t micromanage
A successful company will empower its employees to perform with minimal supervision. In most instances, departments are given specific tasks along with their deadlines. This ensures they are responsible enough to handle them diligently. Micromanaging your employees may cause them to make mistakes because they lack the opportunity and time to think outside the box.
Supportive of employees’ career development
It is not always about the organization. Sometimes appreciating your employees can help your company reach set out goals. It is essential to empower your team with enough tools to perform exceptionally well on their duties. You can fund them to seminars and conferences where they can develop further skills that will be a great asset to your company. Always install an anonymous box in your institution. This will help your employees share their concerns with the top management.
Great technical skills
Quality matters! A great manager will want to get his hands dirty to get the job done. All successful managers have one time been rookies and they know where the bodies are buried. This will not only showcase you as a better leader, but it will also help you build credibility with your team.
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