Executive Success Lies in Management

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Becoming an executive is by no means an easy walk in the park. Leading a company takes a great deal of effort and responsibility. The best leaders are those who have an innate ability to apprehend and relate to people on every level. However, as an executive you may not always have the time to connect with what is often a large staff. So, a good executive will understand that in order to lead an organization and its members efficiently, there must be an amalgamation of upward management skills as well as empathy to recognize the needs of those below. By doing so, you’re not only setting your team up for success, but it also gives you the opportunity to focus your time and efforts on more demanding issues. Here are five helpful suggestions to consider when managing a large company:

Be the decision-maker, but don’t do it on your own. 

While it is true that ultimately, the final decision comes down to the executive, it doesn’t mean you have to make it on your own. Bringing the right people together during the decision-making process allows for new ideas and different perspectives.

Encourage collaboration. 

Stress the importance of teamwork. Michael Jordan once said, “Talent wins games, but teamwork and intelligence wins championships.” Give the projects that are capable of being handled without your assistance to your employees and encourage your team to work together to complete the task.

Facilitate problem-solving. 

Provide your employees the space needed to work as a team to solve problems.By doing so, you create a culture of individuals who can tackle difficulties while working together; consequently giving you time to focus your attention on more pressing matters.

Manage up and across.

It is critical that you forge new relationships with your peers, your bosses’ peers, your external counterparts, and in some cases, the media, board members, and government officials as well. By leveraging your authority and supplying the necessary resources and contacts, your team is able to get the project done with little assistance from you as possible.

Observe but don’t suffocate.

Monitor projects in a reassuring way by offering suggestions and feedback. If goals need to be revised, give your team the room to achieve those revised goals in the way they see fit. Innovation and creativity are the lifeblood to any organization.

Remember, your team is there for a reason. After you hire your team, set the strategy, define the goal, and get out of the way!