Effective management is the process through which employees are managed and all functions of an organisation are carried out properly. It also helps employees develop imaginative ideas and achieve success by http://www.boardoom.info taking care of their requirements. A good manager is transparent and honest with the team members of his/her organization. They assist in improving their abilities and schedules periodic training sessions.
A manager who is successful himself inspires his team to succeed. They encourage their employees to take risks and make bold decisions to serve the best interests of the company. He or she believes in rewarding for hard work and lauds their efforts. An effective manager is an individual who can resolve conflicts among team members and provide the required resources to finish their tasks on time.
A manager who is efficient will also concentrate on the long-term goals of the company. He or she makes strategic choices that lead to business growth and is measured by the positive results over a period of years. While efficiency is a key aspect in business, effective is more holistic and strategic.
Unlike efficiency, effectiveness requires a thorough understanding of the employee’s motivation and requirements, as well as the ability to identify the best ways to engage and develop employees. A good manager can make a connection between the individual feedback of each employee and the company’s action plan and increase engagement efficiency, productivity, and the desire to stay. Great managers know that authentic feedback that is two-way is crucial for effective management, and they encourage their teams to provide them in-depth information about the effectiveness of their management.