At the initial stage of its development, the company must maintain flexibility and quickly adapt to new market conditions. Focusing on innovation and entrepreneurial approaches will allow it to grow successfully.
A company changing course from "go-go" to "youth" needs to taiwan mobile phone number example centralize processes. It is important for the manager to focus on increasing efficiency, strengthening administrative functions and developing key skills.
The Importance of Management Competencies
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It is important for a mature organization to remain flexible and avoid politicization. If a company loses its entrepreneurial spirit, it can become prematurely obsolete.
The modern business environment, which is rapidly changing, requires a manager to have four key management competencies (MC):
ability to achieve set goals;
the ability to structure, analyze and systematize information for informed decisions;
entrepreneurial qualities and a desire for innovation;
teamwork and integration skills.
Let's discuss these aspects in more detail.
The words of Kozma Prutkov "A specialist is like a gumboil, his fullness is one-sided" have lost their relevance. The modern world requires managers to have more than just narrow professional training (knowledge of foreign languages or project management).
Skills that are inherent to generalists are also needed. Adaptability and the ability to work in an intercultural environment become important.
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Alexander Kuleshov
Alexander Kuleshov
General Director of Sales Generator LLC
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In-demand management competencies in 2024
Globalization, digitalization, and other megatrends are transforming the business landscape. In this new reality, executives face unprecedented challenges that require new approaches and competencies. Let's consider which management skills will help leaders successfully overcome these challenges and achieve success in 2024.
Empathy towards others
Caring for employees has become a key aspect in a leader’s profile today due to increasing turbulence and uncertainty that increase stress on the team. Support from management plays a significant role in motivating staff.
This property is characterized by the desire to understand the needs of others, taking into account their individual traits, driving forces in communication. It is necessary to take into account how the boss's words affect the emotions of the group. It is important to see the situation from the position of another.
When distributing tasks, setting priorities, analyzing results, planning future affairs, the manager should take into account the opinions of subordinates. Otherwise, he cannot convincingly explain the importance of changes, adequately assess successes, and link them to the company's strategic goals.
A leader must pay attention to the opinions of others, allowing them to express their thoughts. Understanding the reasons for actions and deeds is a key aspect of effective team motivation.