There are many different management styles influencing how you interact and communicate with staff and lead the direction of your business, but there is always room to grow.
When you’re the leader of your own business, no one is going to call you out on your poor management practices, unlike big business leaders who must answer to an owner or board of directors.
Business strategist, coach and Business Benchmark Group founder Stefan Kazakis helps clients across a variety of industries achieve ongoing business success and profit growth.
From picking the right staff for your organisation to opening up the channels of communication, here are eight steps to better manage your team, according to Kazakis.
1. Assess your leadership style
Be open, honest and transparent. This means taking responsibility when required and fostering trust between you and your colleagues, building a team that works effectively together towards a common goal, and implementing diverse leader-growing resources and a manager who is adept at securing better outcomes from resources.
2. Match the personality with the role
When it comes to building your team and hiring the best people possible, keep in mind that an extrovert would be very suitable for an extrovert position such as a sales or customer service role, whereas a stable and compliant personality might be better suited to an administration or operational role.
3. Look for proven track records
Regardless, a potential employee must be hired based on their previous track record and behaviour. If you cannot afford to hire an A-grader internally, then you must outsource until such time.
4. Set routine meetings
Keep your colleagues motivated and on the same page by holding weekly team meetings and daily huddles that really create value. That way you’re breaking down goals and tasks into achievable and manageable pieces. If employees are required to frequently provide updates in a group setting, accountability and results will increase.
5. Open up the channels of communication
Ask your team what has been working, what isn’t working, and what is being done to solve any weaknesses within the company’s organisation and processes. Take note of who is doing what and by what date, and align your observations with the brutal truth to move progress forward – remember, it’s 1% vision and 99% alignment.
6. Drive the business forward
Be clear on what is important each day, ensuring you are delivering constantly and are getting better with every tomorrow.
7. Continuously future-proof your business
Future proofing means identifying the key risks faced by the company and then mitigating those risks. Invest in the growth of your people and stay true to the purpose. The profits will follow.
8. Ensure employees take responsibility
These days you’re either promotable or deselected. There’s no time for timewasters and leaders can set the example through their own actions.