What are the six key management functions required for the successful manager?

Most management skills are related to six fundamental functions: planning, organizing, coordinating, directing, leadership, and oversight.

thebalancemoney.com - Top Management Skills Employers Value With Examples - The Balance

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Organizations of all types require competent management in order to run smoothly and optimize the potential for profit and growth. Of course, management skills are applied to jobs labeled as "management positions" in the organizational chart, but are also vital for employees in many other roles. For example, event planners need management skills to orchestrate events, secretaries need management skills to manage office processes, and benefits specialists need them to organize information sessions for employees.

What Are Management Skills?

Management skills are applied to a broad array of functions in areas like production, finance, accounting, marketing, and human resources. Common components of management in different arenas include: selection, supervision, motivation and evaluation of staff, scheduling and planning of workflow, developing policies and procedures, measuring and documenting results for a group or department, solving problems, developing and monitoring budgets and expenditures, staying abreast of trends in the field, collaborating with other staff and departments, and leading and motivating employees.

Types of Management Skills

Most management skills are related to six fundamental functions: planning, organizing, coordinating, directing, leadership, and oversight.

The Balance

Planning

Individual managers may or may not be personally involved in drafting company policy and strategy, but even those who aren’t still must be able to plan. You might be given certain objectives and then be responsible for developing ways to meet those objectives. You may need to adjust or adapt someone else’s plan to new circumstances. In either case, you’ll have to understand what your resources are, develop timetables and budgets, and assign tasks and areas of responsibility. Note Aspiring managers should volunteer to help their current supervisors with phases of departmental planning in order to hone their skills. Planning programs for professional societies is another way to develop and document planning abilities. Mastering planning software, like NetSuite OpenAir, and project management software, like Workfront, can prove that you're able to tap technology that's instrumental to sound planning. College students should take on leadership positions with campus organizations to hone their planning skills.

Analyzing Business Problems

Analyzing Expenditures

Critical Thinking

Devising Plans for New Business

Development, Entrepreneurialism

Identifying the Interests and Preferences of Stakeholders

Microsoft Office,

Proposing Solutions to Business Problems

Problem Solving

Research, Qualitative Skills

Strategic Planning

Strategic Thinking

Tapping Information Technology to Facilitate Decision Making

Writing Proposals for Business Initiatives or Projects, Vision

Project Management

Utilizing Planning Software

Organizing

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Organizing generally means creating structures to support or accomplish a plan. This might involve creating a new system of who reports to whom, designing a new layout for the office, planning a conference or event, building a strategy and planning around how to move through a project, or determining how to move toward deadlines or how to measure milestones. Aspects of organization could also mean helping leaders under your guidance to manage their subordinates well. Note Organization is about planning and foresight, and it requires an ability to comprehend the big picture. Identify processes, procedures, or events related to your department that could be improved, and demonstrate that you can re-design processes to create greater efficiency or enhance quality. Document procedures in a manual or spreadsheet for future use.

Accuracy

Analytical Ability

Assessing Factors Impacting Productivity

Business Storytelling

Framing Communication Toward Specific Audiences

Innovation

Logical Thinking

Logistics

Negotiating

Networking

Persuasion

Presentation

Public Speaking

Suggesting Ways to Enhance Productivity

Technical Knowledge

Technology

Time Management

Leadership

The best managers are typically inspirational and effective leaders. They set the tone for their areas by demonstrating—through their actions—norms for staff behavior. Note Effective leaders often lead by example as much as by direction. Motivating others to action and productivity is a crucial element of effective leadership. Clear communication of goals and expectations is also vital. Good leaders seek input from all stakeholders and recognize the contributions of other team members, and they give credit where credit is due. Good leaders draw consensus on group plans whenever feasible, and they delegate strategically to the best-qualified staff. Develop leadership skills by volunteering to run point on projects. College students should volunteer to take on a leadership role with group projects, sports teams, and student organizations.

Delegation

Presentation

Humility

Networking

Confidence

High Energy

Clear Communication

Writing

Budgeting

Motivating Others

Problem Solving

Persuasion

Evaluating Talent

Supervision

Charisma

Integrity

Passion for Work

Networking

Coordinating

Managers must know what is happening, what needs to happen, and who and what are available to accomplish assigned tasks. If someone is miscommunicating, if someone needs help, or if a problem is being overlooked or a resource underutilized, a manager needs to notice and correct the issue. Coordinating is the skill that lets the organization act as a unified whole. Coordination across departments and functions is also essential to a well-run organization that presents a unified face to constituents. Develop a solid team orientation by close communication and cooperation with co-workers. Seek out opportunities to collaborate with other staff and departments.

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Building Productive Relationships

Collaboration

Communication

Drawing Consensus

Diplomacy

Emotional Intelligence

Empathy

Facilitating Group Discussions

Flexibility

Honesty

Influencing

Listening

Nonverbal Communication

Patience

Punctuality

Relationship Building

Scheduling

Screening Applicants for Jobs, Staffing

Tactfulness

Teaching

Team Building

Team Manager

Team Player

Teamwork

Time Management

Directing and Oversight

Directing is the part where you take charge and delegate (tell people what to do), give orders, and make decisions. Someone has to do it, and that someone could be you. Note Organization is about planning and foresight, and it requires an ability to comprehend the big picture. It might include anything from reviewing business models and checking for inefficiencies to checking to make sure a project is on time and on budget. Oversight is the maintenance phase of management.

Achieving Goals,

Assessing Progress Towards Departmental Goals

Conflict Management

Creating Budgets for Business Units

Creating Financial Reports

Conflict Resolution

Decision Making

Delegation

Delivering Presentations

Division of Work

Empowerment

Engagement

Evaluating Job Candidates

Evaluating Employee Performance

Execution

Focus, Goal Orientation

Goal Setting

Hiring

Interacting with Individuals from Diverse Backgrounds

Interpersonal

Interpreting Financial Data

Interviewing Candidates for Jobs

Leadership

Motivation

Overcoming Obstacles

Productivity

Problem Solving

Professionalism

Providing Constructive Criticism

Recommending Cost-Cutting Measures

Recommending Process Improvements

Responding Favorably to Criticism

Responsibility

Training Employees

Verbal Communication

Management Skills List

The following is a comprehensive list of management skills to use in resumes, job applications, cover letters, and during job interviews.

Accuracy

Achieving Goals

Analytical Ability

Assertiveness

Budget Management

Business Management

Business Storytelling

Collaboration

Communication

Conflict Management

Conflict Resolution

Coordination

Critical Thinking

Decision Making

Delegation

Development

Diplomacy

Discipline

Division of Work

Dynamic

Emotional Intelligence

Empathy

Empowerment

Energetic

Engagement

Execution

Facilitating

Finance

Financial Management

Flexibility

Focus

Genuine

Goal-oriented

Goal Setting

Hiring

Honesty

Influencing

Innovation

Interpersonal

Leadership

Legal

Listening

Logical Thinking

Logistics

Microsoft Office

Motivation

Negotiating

Networking

Nonverbal Communication

Obstacle Removal

Organizing

Patience

Persuasion

Planning

Presentation

Productivity

Problem Solving

Professionalism

Product Management

Project Management

Process Management

Public Speaking

Punctuality

Research

Responsibility

Qualitative Skills

Sales

Scheduling

Staffing

Strategic Planning

Strategic Thinking

Success

Tactfulness

Teaching

Team Building

Team Manager

Team Player

Teamwork

Technical Knowledge

Technology

Time Management

Training

Uncertainty Removal

Writing

Verbal Communication

Vision

Review Resume and Cover Letter Samples

thebalancemoney.com - Top Management Skills Employers Value With Examples - The Balance

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