Big corporations are always on the lookout for eligible management candidates with the right set of skills and education. The career possibilities of a management student are abundant and wide-ranging. From analysing data to managing project work, business managers need to handle several responsibilities. However, to set your foot in management field, you will need management skills and abilities, in addition to the formal education.
Undoubtedly, a career in general management is an apt choice due to its broad career prospects. New start-ups, small firms, as well as big enterprises are ready to provide attractive job packages and senior management position to the deserving candidates. But along with conceptual and practical knowledge, a management student also needs to hone soft skills to easily survive in this fast-paced and ever-changing corporate world.
Management courses will gear you up for a multitude of business roles by providing the right education, inculcating leadership qualities, and imparting knowledge of conceptual skills in management.
Pursuing a management course from a reputed institution will enhance your managerial skill sets. The possibilities of a career in management are endless and most sought-after. With an understanding of business strategies, analytical abilities, knowledge of finance and leadership skills, you are bound to succeed.
8 Skills Required for a Career in Management
To crack your management job interview, you must have these 8 skills need to be a manager.
- Interpersonal and Team Building Skills
Management jobs revolve around working with different people. The role of a manager is successful only when you can develop positive relationships with your office staff. Your ability to communicate, listen, connect and empathise with your colleagues and subordinates is critical. Managing teams successfully will lead to improving productivity and work ethics. Lee Iacocca, CEO of Chrysler, said that listening can actually make a huge difference between a good company and a great company.
By knowing other's feelings and behaviours, you will be able to handle a situation efficiently. Through team-building trainings, regular communications and social activities, you can deal with your subordinates better. So, to earn the trust and respect of your team members, you need to demonstrate good team building and managerial qualities.
- Delegation and Organisation skills
Next in the list of skills needed to be a manager for promising career are delegating and organisational skills. You will be responsible for managing your own work, overseeing the work of subordinates, carrying out training sessions, and reviewing business policies.
To meet deadlines, save time and deliver better work performance, you need to have incredible organisational skills. You need to identify, analyse and study the capabilities of your subordinates and delegate work suitably. To multiply the growth of your company, the delegation of responsibility by dividing work responsibilities is vital, and you need to do this efficiently.
- Conflict Management and Negotiation Skills
Management skills and abilities must also include conflict management and negotiation skills. A manager is required to continuously communicate, exchange ideas, build and maintain network, and collaborate with other people. To reach mutually beneficial deals, you also need to be incredibly good at negotiations.
To effectively avoid conflict, you should be able to develop and maintain a good bond with your team members, seniors, clients and service providers. While negotiating, you should get to the real point without offending the other person or taking sides. To arrive at good deals, you should build a positive bond with your clients as well.
- Decision-Making, Problem-Solving & Conceptual Skills
A management student should learn all these three skills to deal with challenging situations. If he perfects these, he can take charge of a managerial position effectively. A manager is required to spot, analyse and solve problems effectively. To ensure smooth business operations and productive teamwork, you need to think creatively. Conceptual skills are important as it helps a manager to understand and solve complex problems at workplace easily.
To make a quick decision relating to your business, you need to put your best foot forward. To make an informed decision, you should be able to weigh the options quickly. You should also be agile, flexible and resilient to solve problems efficiently and promptly.
- Strategic Planning and Forward-Thinking Skills
A manager's job is not limited to current business affairs. You need to look at the bigger picture for future while focusing on everyday tasks. Apart from that, you will also be responsible for reviewing the policies of the company, setting priorities in accordance with company goals, and managing the teamwork.
To ensure the success of your organisation, you need to integrate strategic thinking in your work. You should have a long-term vision and make a strategy accordingly to keep your business productive.
- Communication and Leadership Skills
To get an edge over your competitors, you must have excellent communication skills. Listening, writing, and verbal skills also form an essential part of management skills and abilities. You will be responsible for managing communication between senior-level executives and frontline workers too.
To ensure smooth lines of communication, you need to be readily available and respond to all grievances of your workers. You should always maintain an open-door strategy to facilitate productive work. To keep your employees motivated, you should encourage their work, recognise achievements, and take an active interest in teamwork.
- Commercial Awareness Skills
Employers are in constant search of candidates with commercial awareness. As a management student, you must have sufficient knowledge of the marketplace, business operations and latest market trends.
You should be fully aware of the mission and vision of the company. Understand the industry to which your company belongs to, and gain proper knowledge about the economic, social and political factors affecting the market. You will also be required to identify your competitors and find ways to stay ahead of the curve.
- Mentoring Skills
When you reach senior level, you will pass down your unique skill sets and expertise to your juniors. You need to advise and train your subordinates to build their repertoire of knowledge and confidence.
To be the driving force of your company, you should be a mentor to your team and build a strong bond to work in an effective way.
Are you an IT Professional looking for a Career in Management? IIM Lucknow Management course is for you!
Management courses are not just for banking professionals or those into sales and marketing. After years of working as a Team Leader or Program Manager in your department be it software coding, computer networking or quality insurance, it is time to take on the managerial role.
Today several IT professionals are moving up in their careers by acquiring the right set of management skills and abilities. To do so, many have enrolled into IIM Lucknow’s General Management Programme for IT professionals.
General management courses focus on skills needed to be a manager including conceptual skills in management and offer practical knowledge.
They will not just upgrade your management skills but also add value to your CV. To boost your career, you should pursue a general management course from any reputed institution. The courses are offered online and include live corporate discussions, case studies, and interactive classroom sessions and covers comprehensive management curriculum.
