Uploaded on Apr 18, 2022
PPT on Management Challenges in Business and How to overcome
Management Challenges in Business and How to overcome
MANAGEMENT CHALLENGES IN BUSINESS
AND HOW TO OVERCOME THEM
Communicating effectively
with employees
As a manager, there can often be an element of distance
from the rest of the team. This creates one of the biggest
challenges for managers – bridging the distance with
effective and timely communication skills.
How to overcome this:
Everyone communicates differently – some methods of
communication may work well for some employees, but
won’t work for others. The best way to overcome any
communication blockers is to discover the different
personality types in your team.
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Confronting performance
problems
Performance problems are always going to be a concern for
any manager. But in today’s fierce business environment, if
your teams aren’t performing to a high standard, a
competitor could easily come in and take your customer’s
business.
How to overcome this:
If employees don’t have clear targets and goals in place, it
can be easy to fall short of what is expected.
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Letting employees go
This will probably always be the hardest part of any
manager’s job – and it’s something you never want to get
too comfortable doing.
How to overcome this:
If you haven’t already received training, follow up with your
HR team to ensure that you have undertaken management
training for how to act in the case of severe violations of
business conduct.
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Making the right hiring
decisions
So many candidates out there might have the experience
and skills that you might be looking for and they’re probably
perfectly capable to do the job. But this doesn’t mean
they’re a perfect match to join your team.
How to overcome this:
Create a strong selection process and don’t just choose
candidates on a “feeling”. Using selection assessments can
help to show how the candidate would react in certain
situations and give you a little more insight into what
they’re like as an employee.
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Managing conflicts within your
team
In a dream world, your team works well together. They’re
great collaborators, feel comfortable being creative together
and get on socially.
How to overcome this:
When a conflict between team members arises, it's
important that you fully understand the issue before you
take any action.
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Retaining star employees in a
competitive environment
Today, skills are becoming more and more specialised, so if
you have a talented employee, you’ll want to do your
utmost to keep them. But if you’re not offering your
employees what they’re worth, someone else will.
How to overcome this:
Make sure your employees know how much you care and
appreciate them. Paying your employees what they’re
worth is always a priority, but you can expand on the
offering through regular rewards and recognition or exciting
benefits and perks.
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Creating calm and reassurance
in periods of turbulence
As businesses are developing and changing, they can bring a
wealth of exciting opportunities. Unfortunately, these can
occasionally bring less exciting consequences too.
How to overcome this:
If a redundancy situation arises, it’s likely that, even as a
manager, you may not know all the information until any
final decisions have been made.
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The fight against burnout
Managers that don’t take time away from work and never
recharge their batteries end up burning out. Not only does
this harm your own wellbeing and engagement, but it also
sets an unrealistic example for your employees.
How to overcome this:
People are at their most productive when they’re refreshed,
happy and healthy. And, no surprise, this doesn’t come from
working overly long hours or taking on extreme workloads.
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Being a constant source of
motivation
As much as you might want them to be, not every task that
you need your employees to complete is going to be an
exciting one.
How to overcome this:
A key skill that you can develop is the ability to show the
bigger picture. While your employees might not see some
tasks as fitting into the career dream, elements from the
task will still be important to their long-term goals.
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The need to bridge the skills
gap
The constant need to ensure the workforce is up-to-date on
the latest trends, knowledge and skills is a big challenge
facing managers today.
How to overcome this:
Managers need to provide a way for their staff to stay up-to-
date and adapt to advancing knowledge. E-learning can be a
great way to help bridge the skills gap and help your teams
to be constantly evolving.
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