What are Management Techniques?
Being a great boss means helping to boost employee productivity and job satisfaction through effective management. Good management techniques involve creating a supportive atmosphere where employees have autonomy and are motivated to excel.
Employee productivity starts with good management. According to the Bureau of National Affairs, U.S. businesses lose $11 billion a year to employee turnover, often resulting from disenchanted workers.
Top management techniques
An employee study by gamification and behaviour management platform Badgeville found that 70 percent of workers are more motivated by recognition than by monetary rewards. Employees who are acknowledged for their good work tend to feel more of an emotional commitment to their job, which results directly in increased effort. What’s more, a study by TINYpulse, an employee engagement firm, found that only 21 percent of employees feel strongly valued at work.
No one likes the feeling of having a boss constantly looking over his or her shoulder. Make the conscious choice to be the kind of manager who gives employees enough autonomy to feel encouraged, motivated, and trusted to do a good job. Empower them by providing direction and offering assistance, then step back and let them work in their own style.
Take care of urgent tasks as soon as possible and encourage your employees to do the same.As a manager it’s important to help remove any roadblocks for your employees so they can do their work effectively.
Sharing the company’s goals and vision with employees helps them understand the meaning of their day-to-day tasks and the value that they each bring to the job. Set up monthly or quarterly check-ins to provide honest feedback — even if that includes constructive criticism.
Work with your employees to identify areas of growth and learn what parts of the business they’re most interested in.
Be clear with staff about your expectations. When you hit a trouble spot, give them specific, timely feedback about what isn’t working. Together, try and find a solution that works for everyone.
One underperformer on the team can reduce the team’s productivity by 30 to 40 percent, but if you do come across a few bad apples, don’t be too quick to hand them the pink slip. Instead, show them you’re willing to help them get better before giving up. If their behaviour doesn’t improve, or gets worse, it could be time to part ways.
The consulting firm Hay-McBer identified six different management styles which were popularized in Daniel Goleman’s best selling book Emotional Intelligence. Their research states that the most effective leaders use four management styles.
The most effective management style, the authoritative leader is a “firm but fair” visionary who gives their employees clear, long-term direction. This approach works in most work environments, especially when the business lacks direction.
The goal of this type of manager is to create harmony between employees, keeping everyone happy.
This participative style aims to build consensus and commitment in the group. The democratic style can contribute to high morale in the business’s success.
A highly effective management style, the coaching style’s main objective is to foster long-term professional development in their employees.