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What are the five leadership styles?

top leadership styles

Not all leaders are created equal. Each business has different requirements and effective business management need varying leadership qualities to ensure success.

There are five different leadership styles that entrepreneurs and managers usually use. It is important for any aspiring leader to know the different styles in order to identify their own, or to be able to adapt should the business require it.

The five leadership styles

1. Participative
2. Autocratic
3. Laissez-Faire
4. Transformational
5. Servant

what is your leadership style

What is a participative leader?

This leadership style involves input from all employees, resulting in a decision that reflects the majority’s views. For example, if there is a company-wide problem, managers will inform the staff and a majority vote will determine the solution.

Why this works

It’s a lengthy decision-making process, but it has its benefits. It improves employee morale as they are given a voice and feel like their opinion matters. With participative leadership, employees will start taking an active role within the company and are more willing to accept workplace policies.

Famous participative leaders include Jim Lentz, CEO of Toyota North America. When Toyota vehicles were recalled, Lentz appeared on a website Q&A to field any questions customers had.

The downside is that if a decision needs to be made fast, the participative style might not work as the participation process takes time.

What is an autocratic leader?

Autocratic leaders will inform everyone of a clear goal and will tell you how to get there. Everyone understands what role they play and are provided with guidelines if they need. Unlike participative leadership, if a new strategy is implemented, there is no input from subordinates. All goals, procedures, and tasks are decided by the leader and will be delegated amongst everyone. The team faces dire consequences if goals are not met.

Why this works

Firstly, if decisions need to be made quickly, autocratic leaders can make decisions without any pressure or stress. If there is a clear chain of command in the workplace, tasks get done more efficiently. This leadership style is also beneficial if you have employees who need extra guidance and rigid processes. The disadvantage of an autocratic leader is that there is often a divide between employee and employer in the workplace. This often leads to a hostile work environment and high staff turnover.

Famous autocratic leaders include businesswoman Martha Stewart, who was once described as a “scrupulous and meticulous boss”. However, Stewart has built a global empire using this leadership style. Director Ridley Scott is also considered an autocratic leader. He is known to be a perfectionist and expects his actors to know their positions and lines. This has worked well for him considering his box office success.

What is a Laissez-Faire leader?

‘Laissez-Faire’ is French and loosely translated it means ‘do as you will’. In terms of leadership style, it’s more laid back. This approach allows teams to explore creative strategies and drives innovation. You will usually find this kind of leader in a creative environment, where deadlines are not crucial and team members manage themselves. Employees are given the resources they need and what they do with it is up to them. The leader will provide the information and trusts the team to achieve a great result.

Why this works

In a creative working environment, independence is valued. Teams are highly motivated and usually meet requirements and deadlines without any guidance. A hands-off approach makes employees feel that they are trusted and in return, feel confident in their ability to perform the task.

Famous examples of Laissez-Faire leadership include Warren Buffet, who rarely intervened in the workplace and allowed employees to perform tasks without his help.

The leadership style does have its disadvantages, especially in an environment where deadlines need to be adhered to. With the leader uninvolved in many of the procedures, employees could often mistake this as disinterest, which could result in a poor performance.

What is a transformational leader?

Transformational leadership is someone who actively communicates any changes to employees and is always motivational. Team leads are good examples of this. Once they receive a task from management, they communicate what is needed and inspire the team to achieve this goal and maximise productivity. They also offer support to individuals in a team and encourage an open communication space.

Why this works

These leaders tend to be supportive and loyal. As a result, team members will mirror this attitude. No matter the workload, tackling this project and achieving the desired outcome will be the main priority of the team. This also results in a high retention rate, as employees feel that they have an ally within the company.

Sir Richard Branson is a famous transformational leader. His approach to management is that the key to success is to ensure that all employees are motivated: “If you can motivate your people, use their creative potential, you can get through the bad times and enjoy the good times together… if your employees are happy and smiling and enjoying their work, they will perform well.”

While it is the most common style used by management, this approach could backfire. The leader needs to be sure of the decisions made. If not, the team is put in the line of fire, not the leader. Employees are also increasingly motivated to achieve their goals and will work long hours and burn out while doing so.

What is a servant leader?

Servant leadership puts the spotlight on the employees, while management is usually working behind the scenes. Like participative leadership, decisions are made by a group instead of one person. Servant leadership toes the line between leader and servant. In a nutshell, they lead with the others in mind. You’ll find this approach at non-profit organisations, where the mission is key.

Why this works

A servant leader values diverse opinions and everyone’s contribution is taken into consideration. People working under this leadership will feel that they are contributing to something meaningful and always feel encouraged in the workplace.

Famous servant leaders include Nelson Mandela, Martin Luther King Jr., Mother Theresa, and Mahatma Gandhi – people who put the needs of others before their own.

This type of leadership is rare in a business environment and may not work, especially with deadlines. However, certain characteristics of this style can be used when motivating a team.

How do you find your leadership style?

Leadership style depends on personality type and playing to your strengths. You can also combine the above styles or switch between, depending on what the goals are. Online courses in management can also help you focus on finding your leadership approach.

Embrace online education and earn while you learn

study while you work

Keep earning while you learn and you could take your career to the next level within a few short weeks. When you earn while you learn, you have the distinct advantage of gaining new skills without having to take any leave. This means that you can stay on top of your busy workday while learning new things.

It is more than possible to earn while you learn these days with the advent of the internet and online courses.

The fact that people change careers so often means that there is a need to keep yourself relevant in today’s modern age. Research by the Bureau of Labor Statistics shows that today’s average employee has gone through ten different jobs before the age of forty.

Further investigation suggests that within modern society, the youngest people entering the workplace are expected to have been in twelve to fifteen various roles in their lifetime. This evidence proves that you need to continuously upskill yourself so that you can remain ahead of the curve.

We aren’t talking about apprenticeships, we’re talking real money

The modern world is a new playground where people learn new things all the time. Why shouldn’t your education be the same? Our research here at MasterStart has revealed some interesting facts about the South African workforce.

If you want to get promoted and reach new heights in your career you have to stay current and up to date, constantly upskilling yourself to cement your skills and understanding as the expectations of your job evolve.

Online courses can give you the edge in the market. There is a huge demand to stay relevant in a world that is constantly evolving with technology. Online courses are flexible and can be adapted to suit your schedule, which means you don’t need to take time off from work. They also empower you and help you stay relevant in the modern workforce.

Keep going with MasterStart

You can keep your job and learn at the same time with an online course; boosting your skills and helping you achieve your goals in your career. MasterStart in partnership with various business schools has online courses that you can easily fit into your day so that you can earn while you learn.

Make your boss a believer

There is nothing that can beat education, except for free education online. MasterStart has a unique corporate offering tailored for businesses, to help employees earn while you learn. Empowerdex (one of the largest ratings agencies in South Africa) has issued an opinion classifying MasterStart’s online short courses as category B in the B-BBEE skills development matrix.

If your organisation is large enough, it is their duty to spend money upskilling employees, as it forms part of their skills development spend. Your boss will be so impressed with our unique packages that you could end up with a free online course to help you earn while you learn and reach new heights, securing that long-awaited promotion.

Keep checking in with us here for more exciting career prospects this year.

Technology in the classroom is essential today

technology

Technology has become an essential part of our daily existence. We look to the palm of our hand to inform our daily routine. So, it should come as no surprise that technology in the classroom is essential for teaching in a world that keeps demanding constant change. Technology in the classroom holds major benefits for both students and teachers alike. Educational technology benefits the new dynamic online learning space, as the world keeps leaning towards teaching with technology as it makes our lives easier and the content we engage with, far more exciting.

Technology in the classroom has made learning more interactive

Technology has made learning more engaging and interactive than ever before. The traditional pen and paper was far mightier than the sword way back when, however, the world has changed rapidly over the past ten years. The new-age world is swamped with content. Whether it be Facebook or YouTube we constantly engage with online content and this is why technology in the classroom is so important.

Technology in the classroom keeps learning fun and fresh, adding new angles to content daily for more interactive learning experiences, which allows students to have fun while learning. The technology for teachers allows for a better classroom experience and with new educational apps, learning material can be accessed on demand and on the go, giving the world access to learning material quickly and easily.

Teaching with technology prepares students for the future

We are living in the future. The advent of the digital world has consumed us and as technology evolves and adapts, we constantly race towards the future at dizzying speeds. Technology in the classroom is crucial, as teaching with technology prepares students for the future.

Just think how scared older generations are of technology, some can not even muster the courage to turn a computer on. By infusing technology in the classroom we automatically prepare future generations for the next generational leap in human advancements.   

Technology in the classroom has improved learning results

One of the biggest educational technology benefits is the improved retention rate amongst students. Not only are students engaging with learning material, they understand it and so they remember it, committing it to their long-term memory.

The online learning edge

The world is constantly online. Huge leaps in technology allow companies to communicate across continents in real time with unique tools like Skype. The online world has given power back to the people. We can access a vast array of information on demand, quicker than ever before. A multiplicity of devices can connect to the internet and this has changed the learning environment.

Technology in the classroom, is not just in the classroom. New-age tech allows us to take the classroom with us at all times. This allows for minimal downtime from the workplace and cuts out annoying commutes to traditional learning establishments. Teaching with technology has also allowed people to learn very specifically focused skill-sets, which can be incorporated into a current role or used to tackle an entirely different job within an organisation.

Take time for an online course

Studying online short courses is easier than ever before. If you’re on the lookout for quality education that can propel your skills and your career to new heights in 2019, then MasterStart has a vast array of top online short courses.

Our unique packages offer course participants the opportunity to learn practical, real time working knowledge that can be implemented on the job, almost immediately.  

Keep checking back on our blog page for more informative Ed-Tech news that will inspire you to reach new heights in your professional life.

Best educational apps for studying online

educational apps

There is no denying it, our world has changed. We live in the digital age where smart technology, the best educational apps and mobile devices are the future. This new trend has had a huge impact on education, making it far easier to study online. MasterStart and the University of Stellenbosch business school have an array of exciting online short courses to improve your skills and boost your career to new heights. Follow us as we look at the best educational apps to help you improve your online learning experience.

RefME is one of the best educational apps out there

RefME is one of the best educational apps that is extremely handy for any mobile device user. The user can simply scan a books barcode using a mobile phones camera and the app will generate an accurate, cross platform citation. The app works on Android, IOS and the Web. This is hands-down one of the best apps for studying as it provides you with quick, on the go information to help you study online more effectively.

It’s also interesting to note that RefME has joined forces with Cite This For Me. Now referencing on the go is easier than ever before. You can still find all your favourite styles, plus many comprehensive guides to help you understand a particular style in more refined detail.

Crowdsource study material with Chegg

If you’re looking for the best educational apps to help you study online then you must have a look at Chegg. The app is available for free on both Android and IOS devices. The app is basically an online crowdsourced study library. Users are exposed to over four hundred million flashcards, notes and even study guides.

Users participating in online short courses can easily create and share study material effortlessly, this allows you to search for recommended study content from classmates, track progress, set reminders and create and partake in custom quizzes. This makes Chegg one of the best educational apps to help you study online.

Keep memos with Evernote

Evernote is a tool that allows users to capture a note or memo in any format including a web clip of a product or service for review or reference, a photo of a business receipt, an audio file, text meeting or even handwritten notes. The app is easy to use and navigate, available on Android, IOS and Web for free. Its diverse functionality and instant record keeping ability makes it one of the best apps for studying online.

If you are an online short course participant with MasterStart and the University of Stellenbosch business school you can use Evernote to help you remember key points of your course. As our courses provide you with real time working experience, it can be useful to capture memos on the go to constantly remind yourself of what you have already learnt and implement it into your working day.

Define your words with one of the best educational apps available

The Oxford Dictionary has been around for ages now and new words keep getting added as slang constantly creeps into the English language subtly. If you study online then you need a mobile tool that can help you look up words on demand.

The Oxford Dictionary of English is easily one of the best educational apps that will improve your vocabulary with each search. The 2018 version is available now with an even greater catalogue of words. Get it on Android, IOS and the web for free.

Plan your studies efficiently with myHomework Student Planner

The best educational apps are created to make your life easier as a student. myHomework Student Planner does exactly that. Study online effortlessly with a tool that will help you stay organized and on-top of all your tasks and assignments. The app will allow users to easily track classes, homework, tests and projects so you never forget a task again.

The app is available across multiple devices running Android, IOS and Windows. Users opting for the free version of the app can expect these vital features:

– Track your classes, homework, tests and assignments
– Receive homework reminders
– Monthly and weekly calendar display
– Supports time, block and period-based schedules
– Sync across other platforms

Get in the game

It is more common to study online than ever before. With the amount of resources available, completing online short courses is a breeze in today’s day and age. The above mentioned online tools are only a handful of the best educational apps available for people who study online. Keep checking our blog page for more useful advice to earn your qualification without a hitch.

Advice for successful project managers

successful project managers

Successful project managers know how to be a jack of all trades, all the time. You need to develop strong business acumen, outstanding leadership/mentorship skills and a level head that can plan, control, execute and mitigate risk all at the same time, on a daily basis. If you are just starting out as a project management professional, these essential tips on successful project management will help you get the ball rolling for a fundamental grasp of project management basics.

Tip 1: Successful project mangers learn to Observe their surroundings

As a project manager you are going to be running a team and they are going to be constantly looking to you for guidance and mentorship. Soak up your surroundings and analyse your team members, learn their strengths and weaknesses and apply each member to tasks accordingly. Successful project managers listen to what their team has to say and implements their suggestions accordingly. This will show cohesion and willingness for an adaptable project management style.

Tip 2: Work Smart and Solve Problems

Successful project managers are apart of the solution rather than the problem. Planning is the biggest factor that allows project management professionals to mitigate risk. If you do your fair share of planning before the initial project phases, then you will be able to solve problems much more efficiently and mitigate potential threats.

Tip 3: Utilise Tools Effectively

Whether you’re a traditional pen and paper enthusiast or if you make use of project management software, as a project manager you need to know your working tools extensively. Online project management software brings team members together. Successful project managers stay a step ahead and look to optimise working platforms in any way possible, to make the project run more efficiently. Keep taking notes on what works and what doesn’t and stay on track of the projects goals.

Tip 4: The Customer is King

Your customers may be individuals or organisations as a project manager. You need to learn what your customers want and how to give it to them. Successful project managers listen to their customers needs and adapt the project management strategy around their wants. Once you learn to satisfy the needs of your customer while performing the project management steps you will grow rapidly within the industry.

Tip 5: Successful project managers get educated

There are a variety of options available for a project management qualification, especially in today’s digital age.  You can study a project management degree, opt for a project management online course or even a project management short course certificate. Your qualification or furthering your studies will show your employer that you are committed to a successful project mangers mindset. Pursue your qualification with passion and you may soon find yourself a member of the Project Management Institute of South Africa (PMISA).

Project engineer: Nico Jackson

A day in the life of-human-resource-management-online-course

USB-ED Operations Management online short course testimonial.

Nico grew up on a farm and attended Agricultural School. His less than domestic upbringing saw him entering into the challenging and fascinating realm of Industrial Engineering. He graduated in 2002, but saw the need to keep himself relevant in a world that is constantly changing and is currently a Project Engineer at Parmalat Head Office in Stellenbosch.

Everyone has the desire to improve their quality life.

Nico felt the same and enrolled in the Project Management online short course from MasterStart, to shift from middle management to senior management. He says that “ The Operations Management course provides a solid foundation and gives a good understanding for the requirements at senior management level”.

More and more people are opting to study online, as work consumes the majority of their time. For Nico, the choice was simple. He said that the benefits of this course were tremendous: “Very flexible, never interfered with my work or my daily routine. Participants are able to complete the course late at night when nothing else requires your attention.”

Dreaming of career growth and success? Life is a never-ending journey and if you are not learning, it means you simply aren’t growing. Nico believes that this online short course was a drastic step towards future success. He says: “The course definitely helped me to mature in the work environment and taught me great skills, which I already use in my current position.”

Nico is a firm believer in remaining calm.

He is adamant, if you stick to your notes, remain calm and stress less, the course certification is achievable. He also adds that further investigation on the internet can enhance your overall understanding of a question and its relevant answer. This is the attitude that is going to help Nico reach his career goals. He says that he would like: “To complete a further leadership course and to register as a Project Management Professional”.

Nico understands the dynamic of the South African workforce, he knows that: “Career opportunities are limited, so distinguish yourself from others, make it count.” This strong mental attitude has led Nico to career growth and success, despite being a father to two small children, which require heaps of his time and energy daily.

We are living in a new world and we need to constantly engage with the world to stay up to date in our chosen fields and industries. Nico admits that even though this was his first online experience, it was very important for him to set a career president. This, in turn, will see Nico undertaking more online courses in the future.

5 ways to improve business efficiency

improve business effeciency

The lifeblood of any efficient company depends on the way the business is run, not just from a top level management perspective, but filtering through, all the way down to the baseline employees. The following suggestions to improve company operations will provide you with top tips to improve business efficiency in the workplace.

Your business deserves to run at 100% all day. It is up to upper level management to ensure it does so. If you are in quest of methods on how to improve business performance, you’re in luck, follow us as we tackle the best work efficiency tips.

1. Automate tasks to save time and improve business efficiency

There are numerous tedious tasks that can be fully automated, in any organisation. Something as simple as sending a receipt can be automated. The automation process adds to an overall efficient company in the long run, by providing employees with more time for critical thinking, therefore increasing productivity.

2. Encourage employees to chat face-to-face, rather than over communication tools

Challenge and disrupt the status quo. Nearly all large organisations rely too heavily on technology to stay up to date with their peers in the workplace. A face-to-face, hands on approach goes a long way to improving efficiency in the workplace.

Encouraging a face-to-face approach allows for employees to communicate more regularly, ultimately leading to better trust and therefore better communication. This hands on approach also allows for no mixed signals or crossed wires, adding to an efficient company policy.

3. Hold a daily 10 minute meeting

Daily meetings are a necessity and vital to efficient company dynamics, however, they can also drag on and on, leaving staff with less time in their day. Daily company meetings can be extremely useful, however, learn to keep them short, concise and effective.

Encourage efficient business practices for an overall efficient company, so that employees are constantly aware of what they need to do, and how exactly to do it. By holding daily meetings of around ten minutes long you can get everyone up to speed and going quickly. This process goes a long way to improving efficiency in the workplace.

4. Use task management software to keep track of productivity

Task management tools are helpful resources that help your organisation’s employees stay on top of critical projects and their objectives. Even though you may feel an email is sufficient, it is not always the best way to encourage staff to keep following the flow of a project. Task management software like Asana helps by improving efficiency in the workplace via its useful and friendly user interface, which allows everyone to collaborate on tasks in a single location.

5. Promote a company culture that allows for open communication

These work efficiency tips may seem repetitive, but learning how to improve business efficiency at work is interlinked to constant and stable communication within your organisation. You need to be promoting and endorsing a culture that not only allows for open communication amongst peers, but also amongst top level management.

It’s simple; everyone wants to be valued. A valued employee will be far more effective and play an invaluable role in your efficient company. Open the lines of communication and propel your company’s mission forward constantly. Do some team building, involve your employees in your company’s vision constantly. If you ready to take your career to the next level, download our Business Management course brochure.

4 reasons entrepreneurs need online education

online education

There are some serious time wasters on the internet, including cat memes and bad lip syncing videos. These are not necessarily all bad things; every man and his dog seem to have a YouTube channel and they make it work. However, as an entrepreneur, it is important to know that the internet is loaded with useful content and tools that can give you the leading edge in your career.

If you’re an aspiring entrepreneur, or if you are looking for an online entrepreneurship certificate, you probably already know that the internet is a leading tool that can be used to stay current and up to date in your industry. Online education is slowly changing how people enrich their lives. It is a platform that has the ability to empower the world, with mere fingertips required.

Startups and new businesses just taking off require the internet in their daily existence. Follow us on our journey of discovery within entrepreneur news, and see why you simply must be online at all times.

1. Consider the cost

Online courses are far less costly than traditional brick and mortar establishments offering various qualifications. With traditional establishments already cemented into the history books for producing world leaders, online platforms, like small business ideas and solutions, are swiftly establishing themselves as world-class institutions.

The fact that everyone has access to the World Wide Web is what makes online education such a powerful tool. Anyone can be taught at a University level and graduate with a short course behind his or her name, for a fraction of the price. This makes it far easier to stay relevant or even enter into the workplace.

2. Online courses are practical rather than theoretical

Online education is hands-on, meaning that it is driven by results. Online institutions like MasterStart operates with the intention of empowering people almost instantaneously. This means that what you learn online can be used in the workplace, right off the bat.

Rather than focusing on a ton of theory, online education aims at penetrating the core of a subject matter. Once the subject matter is clarified, the course can teach the participant the fundamentals and build upon that foundation weekly.

3. Technology makes learning fun

Technology hasn’t just influenced traditional classrooms, it has allowed the world to engage with content in new and exciting ways. Useful tools like worksheets, peer-to-peer discussion forums, and interactive presentations allow for a unique learning experience, which each individual can optimise accordingly.

4. The classroom is everywhere

One of the biggest advantages of learning online is that you can choose where you would like your classroom to be. As long as you have a stable and constant internet connection; it doesn’t matter where you choose to learn. You could learn from your bedroom or in the park. Modern technology has made learning anywhere possible and that makes online learning exciting, intuitive and responsive to anyone’s needs.

Wrapping up

Online education is slowly changing the world. As an entrepreneur, a corporation or an employee, new technology has the power to change your life. Keep up to date with the latest trends and stay relevant in your field. With AI and fully automated processing technology creeping into the workplace, it’s always important to keep yourself a cut above the rest.

In places like Africa, online education is essential. Technology has bridged the gap for millions of people that can’t afford to attend traditional establishments. This empowerment and upliftment not only makes online education an exciting space, it makes it a tool that is gathering momentum at a rapid rate.

Top tips for diversifying yourself in today’s business climate

staying relevant in todays work environment

South Africans have a long history of overcoming adversity. Our people have defied innumerable odds; growing a republic of talented forward thinkers. A survey conducted by MasterStart found that one of the best ways to stay relevant in the workplace is to constantly upskill yourself and your employees, through lifelong learning.

It is far more difficult to attain and maintain a job, as opposed to ten years ago.

As per our recent survey, there is no denying it, the current business climate has changed. For better, or worse, if you don’t jump on board, you are going to get left behind. Therefore, making you redundant in a world that is solely focused on interlinked technological and human progress.

New innovative trends, products, business practices and enhanced programs are infiltrating organisations on every level. As a result, you need to stay relevant in order to stay ahead of the curve, which is slowly swinging like a pendulum and could make many jobs redundant. You may have even noticed this in your own organisation where operational requirements may force individuals to take on more duties. Follow us as we take a look into the future prospects of the workplace, by providing you with top tips for staying relevant in today’s business climate.

Lifelong learning is imperative to staying relevant

Many ordinary working class South Africans fear the unknown and don’t believe that they are capable of staying relevant. You can’t reject change anymore, as it has become a functioning dynamic within the current working environment.

On the bright side, you can make sure you stay relevant and remain in control of your future. Everyone should strive to stay relevant in his or her chosen field via upskilling. It means the difference between advancing your career, remaining stagnant or even the loss of your job. There are many ways you can keep your skills relevant.

So constantly reading and keeping up to date with industry standards you ensure your currency. Technological advances like the internet have made learning accessible and achievable. Our online offerings offer a diverse range of courses, which allow you to continuously upskill yourself.

Analyse changes constantly to remain aware

A vital part of staying relevant means that you have to constantly be aware of imminent changes that can occur at any time. Practice the art of paying attention to the atmosphere of your industry, and know what areas will be the most likely to change.

By keeping up with workplace changes, you will be able to identify potential changes and mitigate any impact that these changes could have on your career. Keep looking out for these changes and you will remain more secure in your current job..

Empower yourself and enrich your knowledge

Your employer is not going to wait for you to catch up. That is why it is imperative to learn as much as you can, as often as you can. Upskill yourself constantly and ask your employer to invest in your future. Most organisations have a solid infrastructure in place that aids employees in furthering their education.

Nobody ever said lifelong learning was easy

Workplace dynamics have shifted in the last ten years, but there is hope on the horizon. Lifelong learning is bridging the gap between required skills and effective implementation of those skills on the job, almost immediately. MasterStart’s online short course offerings are designed and tailored around participants needs. We understand that everyone is unique, with various schedules. That is the beauty of our online short courses. Participants can learn anywhere and at any time, simply access the online campus and start seeing results instantaneously.

5 skills you need to fast-track your career in business management

fast-track your career in business management

Are you looking to manage a business? Or are you already settled in the business sector, but wanting to fast-track your career? Either way, you want to be the best you can be so that you reach your professional goals and fulfill your dreams. Allow us to share a few secrets that’ll help you on your way.

Firstly; to be the best, you need to offer the best. Whether you’re set on working in a corporate firm or looking to venture into the entrepreneurial sphere, you’ll need to have acquired specific skills to propel you, your team and your business forward.

We’re not talking about the entry-level skills required by most firms seeking out competent business management executives. We’re talking about refined, up-to-date, industry-specific skills that employees struggle to find but desperately want.

To stand out from the crowd you need to go the extra mile and acquire the skills that are in high-demand. Ready to see what it takes to become the best in your field?

Technical Skills / Hard Skills

1. Highly-effective management and leadership skills

As a business manager, and as an entrepreneur, you’ll likely be leading a team. Understanding the difference between management and leadership is the first important step. It’s imperative that you learn updated techniques to manage your team in the most optimised, effective and efficient way. Of equal importance, is an understanding of what motivates and inspires the people who are building your business. If you are able to achieve results through your skill of managing and motivating people, you’ll be a highly sought-after individual – and if you’re a business owner, there is no doubt your venture will go from strength to strength.

2. Financial skills

Most firms are happy for their business managers to have basic financial skills, however, if you want to be the best in your field you’ll make acquiring in-depth financial skills a priority. Without strong financial knowledge, you’ll quickly find yourself falling behind. Furthermore, for employees and entrepreneurs to maintain a competitive edge in today’s times, they need to ensure that they’re moving with technology. In relation to business management, you may want to consider supplementing your traditional financial skills with digital technical ability.

3. Operations management

Yet another important skill is that of operations management. In whichever role you find yourself in, you’ll undoubtedly be called to streamline business processes in line with business objectives. While you can rely, to a degree, on your strong management and leadership skills, it’s imperative that you broaden your operational skill set by refining your risk management abilities too. As a well-rounded business manager or entrepreneur, you should quickly be able to identify risk and find solutions to keep it to a minimum.

4. Marketing skills

Marketing skills are essential if you’re serious about establishing a competitive advantage. As an individual with the responsibility of building and positioning a brand; it’s critical that one understands the fundamentals of marketing. This includes the product lifecycle, the marketing mix, consumer decision making and the customer experience, to name a few.
Without strong marketing know-how, your venture will likely struggle to compete; which may, in the long run, set you up for failure.

5. Up to date industry-specific skills

In general, no matter what field you find yourself in, or which role, it’s in your best interest to continuously look for opportunities to acquire new skills which can be used within the operations of your role. Lifelong learning has become a standard in the professional world as it keeps one up to date with industry advances as well as technological advances pertaining to the specific industry. If you’re an individual who’s eager to learn; eager to improve and seeks to drive positive change within their role, you’ll certainly stand out from the crowd and excel in your professional career.

Soft Skills

Don’t forget that possessing soft skills is just as important as showing competency in the hard skills relevant to the business sector. Soft skills are a combination of people skills, social skills, communication skills, character traits and attitudes. A well developed social and emotional intelligence shows companies your ability to navigate their environment, your likelihood to work well with others and achieve goals.

If you’re ready to accelerate your career with a business management certification, register for a Business Management online short course today.