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Successful business management is one of the means that facilitates the implementation of the planning process for activities in all professional fields in the establishments, and thus is keen on directing, coordinating and controlling them; Therefore, business management constitutes the basic base for establishments, which work to direct their departments, and ensure the efficient implementation of all functions. Business management is also considered an art that contributes to organizing the available resources; In order to benefit from it in the best way to reach the desired goals.
Fundamentals of successful business management
Describing business management - as successful - depends on the development of an appropriate management plan, which includes the application of managers a set of important basics in the work environment, namely:
Case study: It distinguishes each manager with various skills; This leads to different needs related to these skills, the number of employees required, and the way work is carried out; Therefore, if the manager does not have sufficient skills to manage and lead employees, but is determined to try to implement his administrative role, he may find himself in trouble. It is important that the manager depends on the number of employees available in the facility to achieve the goals, and the way the manager deals with employees is an important matter, Which conveys to them a message that carries the extent of his respect for them.
Adequate awareness: it is the successful manager’s focus on the work team he needs; By asking the following question: Should the required employees be practical, observers, or thinkers? Meaning, does the manager want to have a team that contains tactical employees or skillful analysts, and it is important that successful business management is keen to choose talented employees, and not abandon them so as not to reach results that may lead to the manager's regret at a later time.
Reinforcement of association: It is the role of a successful and intelligent manager in the search for diverse ideas; Which contributes to the benefit of all parties to the business; Therefore, it is important that successful business management depends on the presence of talented employees who contribute to the development of the management; In order to get the work done and take it to new heights.
Utilization of time: is the impact of time on successful business management, which provides the ability to control the time taken to carry out the tasks of the facility; By applying work in a smart way, success in management is not only about completing tasks, but depends on acting smart and getting more time.
Trust: It is one of the most important foundations of successful business management. Where any administration that is not dependent on the presence of trust will fail, one of the important tasks of the manager is to establish a work environment based on trust, and then ensure that its presence is strengthened between management and employees.
Responsibilities of running a successful business
The role of successful business management depends on the implementation of a set of responsibilities that entail the success of the establishment and employees, and the following is information about the most important of these responsibilities:
Strategic planning: It is the application of successful business management for planning, seeking to develop its own objectives, designing appropriate strategies, and organizing business resources. The internal data on organizational performance and external data related to markets and industry are among the most important means that help to Providing business management needs; Which contributes to directing resources and identifying organizational needs.
Decision-making: is the responsibility of successful business management by making decisions for the organization, such as decisions based on the application of some changes to suit the impact of internal and external factors on business operations, and it is necessary for successful business management to take the appropriate decision to use capital resources within The decision-making responsibilities include selecting merchants to sell the services and goods of the institution.
Informational role: It is concerned with publishing information and data related to the workplace, and its role in collecting data used to analyze work performance includes; In order to monitor and report it, it may be the responsibility of the manager to speak on behalf of the institution, and to pass information about it to external parties such as the media.
The personal role: It is to enhance the successful business administration's role in personal communication in all fields, and with all suppliers, employees and customers. The business administration is also concerned with the need to provide proper communication within the work environment, and this includes contributing to the development of teams specialized in project and program management; In order to achieve goals and resolve conflicts at work.
successful business management jobs
Successful business management does not depend only on directing employees to the tasks that must be performed, but is also concerned with the implementation of a set of main functions, which together contribute to the manufacture of administrative behavior, ensuring the success of the administration in implementing its work, and the following is information about the most important functions of business management:
Planning: It is the interest of successful business management in having an action plan that contributes to achieving most of the goals. For example, if the marketing manager’s goal in a company is to increase the sales rate in a certain period of time, then he will need to prepare a plan that contains a set of steps required to increase the sales percentage. This plan includes many ideas and elements that apply a logical pattern to achieve the goal of the plan; Therefore, planning is a continuous function that is specialized in all the administrative objectives of the company.
Organizing: It is the function that contributes to defining the ways in which employees are organized, and the distribution of resources based on the plan used in the planning function; The organization helps to know the appropriate number of employees to implement the plan.
Leadership: is to activate the role of communication between the manager and employees; By encouraging and motivating them to achieve a higher level of productivity, it is important for the manager to be a leader; So that he can influence the employees and make them follow his directions to carry out the work.
Control: It is the role of successful business management in formulating standards, and keenness to prepare a comparison between these standards and the actual performance of the work; With the aim of taking the appropriate procedures and steps to control the work and correct it when there is a need for that.