2. Definition
Management skills are
the set of abilities and
efforts applied by the
managers in order to
effectively achieve the
organizational goals.
3. Basic Skills
For the business to grow and remain healthy,
certain basic management skills are required
which are as follows:
Planning
Delegation
Communication
Problem Solving / Decision
Making
Time Management
Creativity
4. Planning
Planning is the process of
setting goals, developing
strategies, and outlining
tasks and schedules to
accomplish the
organizational goals. A
plan well laid is half job
done.
5. Delegation
Delegation is the
assignment of certain
duties and responsibilities
by the manager to the
subordinates. However the
manager still remains
accountable for the work
delegated.
6. Communication
Communication is an act of
sharing ideas and information.
There are three types of
communication:
Written communication
Oral communication
Gestural communication
7. Problem Solving &
Decision Making
Problem solving and decision-
making are important skills for
business and life. Problem-solving
and decision-making are closely
linked, Problem solving often
involves decision making. Being able
to make decisions and solve
problems effectively is necessary for
every manager to produce end
results.
8. Time Management
Time Management is more
than just managing time. It is
about controlling the use of
the most valuable - and
undervalued - resource. It is
managing oneself in relation
to time. It is setting priorities
and taking charge of the
situation and time utilization.
9. Creativity
Creativity can be defined
as looking where all have
looked but seeing what no
one else has seen.
Creativity is an art of doing
things in a different way
that leads to new and
unexpectedly better results.