5WPR Founder With Six Best Practices in Business Management

Ronn Torossian - 5WPR Founder With Six Best Practices in Business ManagementRonn Torossian, CEO, 5WPR

There is much more to being a good business leader then just giving instructions. Great business leaders are dynamic in their approach with their team – they can lead them, motivate them and inspire them while at the same time learn and grow from them. Business management involves getting the best from your employees and learning what makes your employees work efficiently and effectively is key to achieving this. 

If you want your employees to be the best possible version of themselves professionally, take into account these six practices that can transform a workspace: 

1.    Engage Employees

Employees that don’t feel connected with their jobs are likely to under perform. Disengaged employees are only interested in their own needs. They come to work for the paycheck and not much else. 

Good business management involves getting employees to care and connect with the company’s vision and goals. A leader should attempt to find out how to make his or employees care about the company’s and team’s success. Engaged employees will not only be more productive, but they’ll also bring to the table their contagious enthusiasm. 

2.    Be Human

Good business management has a human element to it. Managers that are untouchable or unreachable mythical creatures don’t really add to the workplace. Good managers engage with all levels of employees from senior to junior levels, in addition to showing vulnerability. Getting to know your employees and being human in front of them is crucial to creating a work culture where employees not only trust you, but also feel loyal towards you and the business. 

3.    Recognition

Reward your employees for a job well done. Making your employees feel like valuable members of the organisation is key to motivating people and building company loyalty. The positive impact of appreciation and recognition will be felt in both employee performance and morale.           

4.    Be clear

An ongoing issue in a lot of businesses is a lack of understanding and agreement amongst managers and employees about the company’s vision and goals. Good practice in business management means everyone within your team, especially managers, understand and are working towards the same vision for the company. 

This means making clear the core principles of the company from the get-go so that everyone is on the same page about things like why the company exists, how the company behaves, what the company does, and what is the most important goal right now. 

5.    Create a strong culture

“Culture’ here refers to a shared sense of values among your team members. A strong shared culture will lead to productive teams. The culture of the company should be reflected in your decision making – including decision to hire employees. A good leader will hire people that fits into the company’s values and vision. 

6.    Solidarity in Team Effort

A key aspect of good business management is to focus on ongoing team dynamics to make sure members of the team are working together for common team goals. While hosting retreats and team building efforts are all well and good, there needs be a constant reassessment and realignment of team goals to make sure people don’t get too distracted by their own individual goals.

About the Author: Ronn Torossian is CEO of 5WPR, a leading US PR Agency.