managerial skill Definition The ability to make business decisions and lead subordinates within a company.

T hree most common skills include: 1) human skills - the ability to interact and m otivate; 2) technical skills - the knowledge and proficiency in the trade; and 3 ) conceptual skills - the ability to understand concepts, develop ideas and impl ement strategies. Competencies include communication ability, response behavior and negotiation tactics. Read more: http://www.businessdictionary.com/definition/managerial-skill.html#ix zz1pn7lmE50

Managerial Skills by Dragan

Three Types

Do you have managerial skills to manage your own company? What are you thinking about that? Can you be a real manager with all skills necessary for you and your company? Business owners will be entrepreneurs until they become managers. When they beco me managers, they will start feeling frustrated because they need to deal with r eally managerial problems. Management is not a simple task. Management needs kno wledge and experience.Therefore, there are hierarchy, and possibilities to go th rough that hierarchy, rising to the top. You cannot find, or possibilities will be very low for individuals after receiving educational skill to become top mana gers. For entrepreneurial skills you can read more in 10 Smart Skills Every Entr epreneur Need Now. Here, I want to obtain the three basic managerial skills as well as their connec tion to hierarchical structure in the company. What are Managerial Skills? Simply, managerial skills are knowledge to fulfill some activities or tasks. Thi s knowledge can be learned. However, it also can be acquired through practical f ulfillment of these activities. Therefore, skills can be acquired through learni ng and experience of individuals. There are many definitions about skills that define it as some type of talent. T alent is something personal in an individual and represent a native gift from th e nature about something in that individual. All individuals cannot be artists. Usually artists are born with the gift of art and after that they develop their talent in quality art skills through educational systems. When we talk about managerial skills, those are skills used from managers that e nable them maintaining efficiency in the way how employees complete their workin g tasks. Because of that managers must have skills with which they will manage p eople and technology to ensure an effective and efficient realization of their w orking tasks. Three types of managerial skills managerial skillsRobert Katz identifies three types of skills that are essential for a successful management process: Technical, Conceptual and

Human or interpersonal managerial skills. Technical Skills As the name of these skills tells us, these are skills about techniques of compl etion of tasks. These skills are not only for working on machines or other equip ment, but also they are skills need to performed sales, marketing and so on. For example, some individual work in a sales department and have skills about sales that were developed through education and experience. This person is perfect fo r the sales manager because he has great technical skills about sales. Technical skills are most important for first-level managers, but for the top ma nagers, these skills are not significant requirements. As we go through a hierar chy from the bottom to higher levels, the technical skills lose their significat ion. Conceptual Skills Conceptual skills are ability or knowledge of managers for abstract thinking tha t means to see the whole through analysis and diagnose of different states and t o predict the future state of the business as a whole. Why are managers need the se skills? Firstly, one business has more business elements or functions as sell ing, marketing, finance, production All of these business elements have different goals even completely opposed as marketing and production. These skills help to p managers to look outside from the goals of single business elements and make d ecisions that will satisfy overall business goals. Conceptual skills are more vital for top managers, little for mid-level managers , and it is not required for first-level managers. As we go from a bottom of the managerial hierarchy to the top, significance of these skills is increasing. Human or Interpersonal Managerial Skills Human or interpersonal managerial skills are knowledge of managers to work with people. One of the most important tasks for managers is to work with people. Wit hout people, there is a not necessary need for management and managers. These sk ills will enable managers to become leaders, to motivate employees for better co mpletion of their tasks, to make more effective use of human potential in the bu siness These are most important skills for managers. Interpersonal managerial skills are essential equally on all hierarchical levels in the company. *** These are the basic skills required for a successful management as a process. So me authors present other skills that when I am thinking about them, they are som e part from these three primary skills. Let s take an example with skills about controlling. I think that this is one of t he managerial functions, and we perform controlling through our interpersonal ma nagerial skills that we described previously combined with other. Other addition al skills that I find in the theory are skills about decision making. This is th e process and not the skills. When we have conceptual skills, we will make a bet ter decision. Furthermore, when we have technical skills, we will make a better technical decision. Because of that I think that the basic skills every manager has need are technical, conceptual and interpersonal managerial skills. At the end, I want to note something about managerial skills and business potent ial energy. With bigger managerial skills our business will have larger business potential energy. Because of that this type of skills is in the category of bus iness elements that can increase business potential energy of overall business.

The managerial skills are the quality of the manager which are found in the mana gers. The work need of the different organization and business requires the diff erent skills in the managers in order to handle the business environment and to make it successful in the market. So there are different types of skills which t he managers need in order to exercise the skills in the person in the different people. So managers have to deal with the lot of problem which requires special skills of the mangers in order to solve them. So when the manager counters a pro blem then they require some special skills in order to deal with the specific pr oblems. So there are many different organizations which require different skills in the people in order to get the proper job done. So the demand jobs skills of today m anagers are intuitiveness, work under pressure, manage the people, conflict mana gement, crises management and motivate the people under their supervision so the se are the skills which are needed in order to carry the different operations of the business. So this is the reason the manager use their skills in order to co unter the problems. So this is all about the manager skills

A mark of a good leader is to be able to provide consistent motivation to his te am encouraging them to attain excellence and quality in their performance. A goo d leader is always looking for ways to improve production and standards. Here ar e six management skills you can develop as a leader in working to create a quali ty effective team. 1. Observation This is an important aspect that often gets neglected due the demands on a leade r's time and schedule. Observation and regular visits to the work environment ar e a priority and should be scheduled into the calendar. Observing employees at w ork, the procedures, interaction and work flow is foundational to implementing a djustments to improve results. To have credibility, a leader needs to be seen an d be known to be up to date with what is happening in the work place. 2. Monitor Employee Performance Employee performance needs to be monitored in mutually accepted ways. Policies a nd procedures need to be clear. Conferencing should be on a regular basis and no t just when there is a problem. Assessments and evaluations should not be merely all formality or viewed a necessary paperwork to be done and filed away. Indivi dual and group conferencing should be undertaken not only to monitor performance , but with the expectation of on going professional development and support. The re should be frequent encouragement and clear criteria for on going goals both f or the group and individual.

3. Implementation of Professional Development Programs A good leader evaluates weaknesses and provides training and development strateg ies to strengthen the weaker skills in the team. 4. Demonstrates Working Knowledge and Expertise Good leadership comes from a place of strong knowledge and experience of the pro duction and process leading to results. If a leader does not possess all the exp ertise and knowledge personally, then regular consultations with experts involve d in the departments should be held. This is important in order to maintain an a ccurate and informed overall picture. 5. Good Decision Making Good leadership is characterized by the ability to make good decisions. A leader considers all the different factors before making a decision. Clear firm decisi ons, combined with the willingness and flexibility to adapt and adjust decisions when necessary, create confidence in the leadership. 6. Ability to Conduct and Evaluate Research On going review and research is vital in order to keep on the cutting edge in bu siness. While managing the present to ensure on going excellence in product and performance, a good leader is also able to look towards the future. Conducting a nd evaluating research is an important way of planning and being prepared for th e future. Excellent leadership is always pro active rather than reactive. By developing th ese six managerial skills builds a solid foundation for success. Barbara White, is a speaker and trainer in Leadership Skills. For more Leadership articles Article Source: http://EzineArticles.com/?expert=Barbara_White Article Source: http://EzineArticles.com/71553