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New Business Management Style In 2019

12 months ago | Posted in: Articles, Business | 633 Views

Good And Bad Traits Of Managers

There are certain traits that good managers should have. They should treat their subordinates with kindness and respect. Some important personal traits that a manager should have are patience, understanding, and be nice. If a manager does not have these skills they should focus on getting these skills developed. The traits that a manager should avoid are being mean, fear-mongering, and intimidating. The manager should understand that these negative traits will make their job harder because employees will not produce as well and you will have an extremely high turnover rate.

Good Business Management Styles

There are different types of business management styles that good managers often use. The best management styles for 2019 are visionary, democratic, transformational, and coaching. You will have managers who will focus on one of these styles and you might have some managers who will use a mixture of these styles. A manager who uses the visionary style gives their team a purpose and direction then the manager works together with their team to execute the vision. The visionary manager also gives their employees autonomy to add their own ideas and personal touch toward the vision as long as it is positive and production is being made. The democratic manager lets their employees assist in the decision-making process. These types of managers value what their team members think and having a bunch of different ideas could lead to a bunch of success because multiple minds are better than just one. Most employees like the democratic style because they feel valued and they can use their full potential.

The next type of managerial style is the transformational manager and these types of managers are usually innovators. They focus more on change and growth. They believe that keeping up with changes such as in the area of technology will keep a company ahead of the curve. The transformational manager takes their employees outside of their comfort zone and gets the employee to actually see that they are more capable than they thought they were. Research has shown that employees led by transformational managers are usually more happy and company oriented. The last successful management style is coaching. The manager that uses this style is focusing on improving the employee and investing in the employee’s long-term professional development. The coaching manager usually uses promotions or other developmental opportunities to motivate their employees.

How Do Canadians Manage Their Businesses

Each region or country has their own unique management styles that they implement in their companies and conference rooms. In the Toronto conference rooms you will notice there is a cross-cultural management style. The Canadian employees expect to be involved in the discussion on decisions that affect them and the organization. The managers in the big cities in Canada such as Toronto know how to recognize the talents of their employees and then develop that talent so it can help grow the company. The managers recognize that they are leaders but in a meeting they do not dominate a discussion but actually listen to the ideas of the employees. They listen to a multitude of different ideas because you never know where the next billion-dollar idea will come from. When a company has made a major accomplishment or milestone the management does not just take all the credit for the success but the entire company is recognized from the mailroom to the boardroom.

There are many different management styles available that managers and companies can utilize to get the most out of their employees. Creating a positive work environment that gives employees the opportunity to grow and feel like an asset can only make a company flourish. This type of thinking in regards to management is used throughout North America from the United States to Canada. So treating your employees with kindness and respect can be beneficial to the long-term success of a company.

by: Walter Bodell

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