Bloggy Business Today

With the on-going economic crunch, rising costs and shrinking profit margins, thousands of companies are relying on the concept of management by objectives in order to keep their companies from being dragged down by inflation.  An executive who manages by objectives successfully eliminates waste, optimizes efficiency, and keeps the operation in full control. Read the rest of this entry »

The effective handling of employee grievances is part of the job of every executive that requires patience, diplomacy and open-mindedness.  These qualities however are not always found in executives. Read the rest of this entry »

Credibility is a situation wherein a person is worthy of trust and confidence.  For an executive, credibility is acquired through good performance and attitude towards work and people.  This is similar to an executive with good reputation. Read the rest of this entry »

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A person who knows when and how to delegate work to subordinates is an indicator of an effective manager.

There are different types of executives in the marketplace:

• The do-it-yourself executive.  This executive faces a limited field for growth within the company.
• The thinker and planner executive.  This executive has a bright future for having the ability of getting the job done through others.

The following tips can help an executive free of the day-to-day routine and detail of departmental assignment and tasks:

• Have considerable time each day for creative thinking and planning.
• Help find solutions rather than solving the problems when subordinate approaches for help.
• Train subordinates in order to qualify them for higher level of responsibilities and tasks.
• Explore in unveiling the potentials and abilities of subordinates.
• Give subordinates the chance to prove themselves worthy for the delegated work and authority given without scrutinizing over their shoulders several times in a day.
• Set high performance standards for every assigned task and monitor the work to make sure that the set standards are met.
• Subordinates must be made clear that guidance is available anytime it is needed.
• Determine subordinate’s disposition and inclinations before delegating any assignment.  Be aware that the most determined subordinates are foremost to be given tasks.
• Be able to match the talents and skills of every subordinate to the job at hand.
• Establish realistic control-and control points to monitor work progress of every subordinate.
• Delegate detailed work to as many subordinate as possible.
• Remember to compliment subordinates and express appreciation for every job well done.

Credibility is a situation wherein a person is worthy of trust and confidence.  For an executive, credibility is acquired through good performance and attitude towards work and people.  This is similar to an executive with good reputation.

A credible executive deserve the trust, the belief and support of subordinates as a result of being an effective leader.  The following are some techniques as to how an executive can become credible and earn the respect of people:

a.)    Act and respond to people’s needs fairly and consistently.  Maintain good relations by being sincere and honest when dealing with people.

b.)    Acknowledge hindrances for attaining personal as well as corporate goals, be able to determine a sound and workable solutions.  Be confident in demonstrating conviction.

c.)     Be constantly on-guard of emotional stability when dealing with people and in making decisions when confronted with unexpected personal problem and problem in the workplace.

d.)    Be consistent in performing assigned task.  Overcome delays and setbacks with renewed strength and push.

e.)    Uphold “word of honor”.  Do things when and how as promised like in the achievement of goals and objectives. Also, on matters that concern the subordinates.

f.)     Assistance and guidance must be always available to people.  They truly are grateful when their leader takes time to provide help and support in solving personal and work related problems.  Subordinates put a high regard to a leader who understands and willing to help in their problems.

Performing a job will be easy when a manager has strong influence among subordinates because of his/her being credibility.