Management Challenges in Business and How to overcome


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Uploaded on Apr 18, 2022

PPT on Management Challenges in Business and How to overcome

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Management Challenges in Business and How to overcome

MANAGEMENT CHALLENGES IN BUSINESS AND HOW TO OVERCOME THEM Communicating effectively with employees As a manager, there can often be an element of distance from the rest of the team. This creates one of the biggest challenges for managers – bridging the distance with effective and timely communication skills. How to overcome this: Everyone communicates differently – some methods of communication may work well for some employees, but won’t work for others. The best way to overcome any communication blockers is to discover the different personality types in your team. SAMPLE FOOTER TEXT 20XX 2 Confronting performance problems Performance problems are always going to be a concern for any manager. But in today’s fierce business environment, if your teams aren’t performing to a high standard, a competitor could easily come in and take your customer’s business. How to overcome this: If employees don’t have clear targets and goals in place, it can be easy to fall short of what is expected. SAMPLE FOOTER TEXT 20XX 3 Letting employees go This will probably always be the hardest part of any manager’s job – and it’s something you never want to get too comfortable doing. How to overcome this: If you haven’t already received training, follow up with your HR team to ensure that you have undertaken management training for how to act in the case of severe violations of business conduct. SAMPLE FOOTER TEXT 20XX 4 Making the right hiring decisions So many candidates out there might have the experience and skills that you might be looking for and they’re probably perfectly capable to do the job. But this doesn’t mean they’re a perfect match to join your team. How to overcome this: Create a strong selection process and don’t just choose candidates on a “feeling”. Using selection assessments can help to show how the candidate would react in certain situations and give you a little more insight into what they’re like as an employee. SAMPLE FOOTER TEXT 20XX 5 Managing conflicts within your team In a dream world, your team works well together. They’re great collaborators, feel comfortable being creative together and get on socially. How to overcome this: When a conflict between team members arises, it's important that you fully understand the issue before you take any action. SAMPLE FOOTER TEXT 20XX 6 Retaining star employees in a competitive environment Today, skills are becoming more and more specialised, so if you have a talented employee, you’ll want to do your utmost to keep them. But if you’re not offering your employees what they’re worth, someone else will. How to overcome this: Make sure your employees know how much you care and appreciate them. Paying your employees what they’re worth is always a priority, but you can expand on the offering through regular rewards and recognition or exciting benefits and perks. SAMPLE FOOTER TEXT 20XX 7 Creating calm and reassurance in periods of turbulence As businesses are developing and changing, they can bring a wealth of exciting opportunities. Unfortunately, these can occasionally bring less exciting consequences too. How to overcome this: If a redundancy situation arises, it’s likely that, even as a manager, you may not know all the information until any final decisions have been made. SAMPLE FOOTER TEXT 20XX 8 The fight against burnout Managers that don’t take time away from work and never recharge their batteries end up burning out. Not only does this harm your own wellbeing and engagement, but it also sets an unrealistic example for your employees. How to overcome this: People are at their most productive when they’re refreshed, happy and healthy. And, no surprise, this doesn’t come from working overly long hours or taking on extreme workloads. SAMPLE FOOTER TEXT 20XX 9 Being a constant source of motivation As much as you might want them to be, not every task that you need your employees to complete is going to be an exciting one. How to overcome this: A key skill that you can develop is the ability to show the bigger picture. While your employees might not see some tasks as fitting into the career dream, elements from the task will still be important to their long-term goals. SAMPLE FOOTER TEXT 20XX 10 The need to bridge the skills gap The constant need to ensure the workforce is up-to-date on the latest trends, knowledge and skills is a big challenge facing managers today. How to overcome this: Managers need to provide a way for their staff to stay up-to- date and adapt to advancing knowledge. E-learning can be a great way to help bridge the skills gap and help your teams to be constantly evolving. SAMPLE FOOTER TEXT 20XX 11