The Importance of Management Competencies

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have already achieved a lot, and there is no need to radically change your management style. Depending on what stage of the company's life cycle it is, the importance of different management skills can change significantly.

At the initial stage of its development, the company must maintain flexibility and quickly adapt to new market conditions. Focusing on innovation and entrepreneurial approaches will allow it to grow successfully.

A company changing course from "go-go" to "youth" needs to centralize processes. It is important for the manager to focus on increasing efficiency, strengthening administrative functions and developing key skills.

The Importance of Management Competencies

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It is important for a mature sri lanka email list organization to remain flexible and avoid politicization. If a company loses its entrepreneurial spirit, it can become prematurely obsolete.

The modern business environment, which is rapidly changing, requires a manager to have four key management competencies (MC):

ability to achieve set goals;

the ability to structure, analyze and systematize information for informed decisions;

entrepreneurial qualities and a desire for innovation;

teamwork and integration skills.

Let's discuss these aspects in more detail.

The words of Kozma Prutkov "A specialist is like a gumboil, his fullness is one-sided" have lost their relevance. The modern world requires managers to have more than just narrow professional training (knowledge of foreign languages ​​or project management).

Skills that are inherent to generalists are also needed. Adaptability and the ability to work in an intercultural environment become important.

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Alexander Kuleshov
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