Skills and training for directors and owners

Key skills for owners: building a management team

Building a management team is an essential part of any business' success. It is not just the concern of big business.

A dynamic management team that works well together will impress outsiders and give your business the competitive edge. A badly run management team is likely to put off customers and investors however brilliant an idea or product your business may boast. At worst, it can prove the undoing of a business.

When building a management team it is important to:

• Bring in a mix of skills that complement and reinforce each other rather than simply duplicating each other.
• Find people who are team players, who trust each other and will interact well.
• Define everybody's role and responsibilities within the team clearly. Relate these roles back to your business strategy.
• Ensure those you employ are in tune with the goals of your business and the way in which these will be achieved.

Remember - you may have to look beyond your existing employees to build a successful management team.

Subjects covered in this guide

• Introduction
• The core skills all businesses require
• New skills required by growing businesses
• Key skills for owners: strategy
• Key skills for owners: delegation
• Key skills for owners: building a management team
• Key skills for owners: managing your team
• Skills and training for company directors
• Sources of leadership training
• Here's how management training improved our business

 

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