7 Principles of Management Everyone Should Know

Whether you have been an established manager at your firm, or are going from bud to boss, there are some principles of management that will help you get the best performance out of your team. Principles of Management 1. Praise in Public Take the opportunity to praise your employees on a job well done whenever you get the opportunity. Make sure that this recognition is sincere, and make it known to everyone. 2. Administer Discipline in Private Calling someone out in front of everyone is insulting and embarrassing for the individual and uncomfortable for everyone else in the department. 3. Lead by Example Be the kind of boss that you wish you had; get in the trenches with your team whenever you can. When your employees see you as a partner they are willing to work harder for you. 4. Share the Praise When your team wins, everyone wins. When you share the praise, it does not minimize your personal achievements; it maximizes them. Motivating employees is the number one job of a manager. 5. Take Responsibility for Failure Shifting the blame of a failure may temporarily relieve the pressure on you, but in the end, it is self-serving, and is likely to lead to more failures in the future. Your team will not want to do their best for you are willing to sell them out to save your own skin. 6. Understand your Industry If you are up-to-date on industry standards when it comes to the average time to complete a project, incentive programs and other factors relative to your business, you will be less likely to set unrealistic demands on your team. 7. Empower Your Employees to Solve Problems Quickly Ultimately you are responsible for the success of your team and will have a multitude of problems and challenges to solve. Let your employees put out small fires before they spread and show them you have confidence in them. As you advance in your career, you will continue to rely heavily on your leadership skills and the principles of management you have learned over the course of your life. %CODE1MANAGEMENTWHITEPAPER%

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