How to be a good manager in the 21th century
Nowadays, the role of a good and responsible manager gains a much greater importance than it did in previous years. These days it’s not only about meeting a financial goal. A good manager should also be a socially-minded and caring person. Interpersonal skills should be viewed as essential as the decision-making-ability. This is significant due to the fact that the employees are the key to a successful business. A company runs as good as its team and therefore it’s necessary to show respect for the employees and encourage and challenge them. A manager should also show his team his appreciation and give every individual the impression that he understands that he is doing something important for the company. Thus, the employee’s confidence can be built. The secret of running a successful business is to make sure that the manager is a socially responsible person who has the ability to energize, excite and control and to adapt oneself to the company’s value and culture. Jack Welch, former CEO and chairman of GE, is universally recognized as the greatest CEO of his era. According to him, transparency within a company is an important criterion which opens the doors for bigger success. Openness can have a positive impact on business process. Welch describes it in three aspects. First of all, employees can be involved in meetings and conferences where they can give their opinions without timidity. Someone with a voice can bring new ideas forward which are absolutely an advantage for the company. Secondly, it can advance the managers’ decisions. If new thoughts and ideas are getting said, they can be put into practice much faster. Nowadays, many companies have to cope with high pressure due to business competition. Thus it’s essential to improve oneself constantly. For this reason new opinions and ideas can have a beneficial effect. Besides the fact that openness can be very time-saving, it also reduces costs. Thirdly, it...
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