Thursday, August 1, 2019

Management 101 "People don't leave Companies - They leave Leaders


Management 101
“People don’t leave companies – They leave Leaders”



Lead by Example
As a manager, your leadership style is going to define your employees. There are seven common leadership styles. Recognizing your leadership style of will help you to improve and expand as a leader.

1.      Coach
            -Quickly recognize your team members’ strengths, weaknesses and motivations.
            -Set smart goals and then provides regular feedback with challenging projects to promote             growth.
            -Set clear expectations.

Coaching leadership is one of best, but also most underutilized styles because it requires the most time.

2.      Visionary
            -Powerful ability to drive progress.
            -Usher periods of change by inspiring employees.
            -Establish a strong organizational bond.

3.      Servant
            -“People first” mindset.
            -Want employees to feel personally and professionally fulfilled.
            -Strong emphasis on employee satisfaction and collaboration.

4.      Autocratic
            -Focused almost entirely on results and efficiency.
            -Often make decisions alone or with a small, trusted group.
            - Expects employees to do exactly what they’re asked.
            - Military Commanders.

This leadership style is effective in areas where strict guidelines or compliance-heavy industries. Also useful for employees who need a great deal of supervision.

5.      Laissez-faire/ Hands-Off
            -Opposite to autocratic.
            -Focused mostly on delegating many tasks to others.
            -Provides little to no supervision.
            -Does not spend their time mainly managing but with other projects.

This style of management only works with a team of highly experienced, well-trained employees.

6.      Democratic
            -A blend of autocratic and laissez-faire leadership styles.
            -Asks for input and considers feedback from their employees before making a decision.
            -Employees feel their voice is heard and contributions matter.
            -Fosters higher levels of employee engagement.

7.      Pacesetter
            -Most effective for driving fast results.
            -Focused on performance.
            -Set high standards and hold their employees accountable for hitting their goals.

When developing your management (leadership) style, think about the things you appreciated most and least in your managers you had when you first starting working. You can even ask friends what they admire and resent in their bosses.

What message are you giving your employees by your actions. Do you send them an email over the weekend, when it could have waited until Monday? Or if you insist on your team eating skip lunch and keep working? Be thoughtful about all the little decisions you make, because they really add up to create a more (or less) positive working environment.

Their Success is Your Success


As a manager, you cannot be successful without your team.

Keeping them excited and supported, while making sure they have room to grow professionally, is essential for getting the best out of your employees. Complimenting them in front of a more senior boss or giving them a chance to present an idea to the executives can really make a difference to your employees. Doing so will convey you appreciate their work and have their back.

Are you self-aware of how your employees see you? Find out how others see you:

1.      Create an environment where employees can give feedback to you.
2.      Have a 2-Way Feedback conversation
3.      Incorporate 360 degree feedback.
                        Self – direct reports – boss – Peers (Full Circle)
4.      Utilize company-wide surveys.

Invest in your Employees Development. 87% of millennial's said that development opportunities are important.

When promoting employees determine who is management material. Consider where your Manager is located. Assess the average tenure of your manager. Important characteristics to look for our desire, aptitude and traits.

Great Management Tips:
Focus on the strengths of individuals.
Set clear paths to Victory.
Serve their Employees.
Hold people Accountable.
Study up on how to handle difficult conversations.
Understand & encourage diversity.

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