Business Management: Why is it Important?
Business Management is essential for any business, whether it is big or small. This is because, without proper management, no business can survive. Business Managers have a huge responsibility and as you might expect, this comes with a lot of other duties and priorities.
What Makes a Business Manager?
Being a Business Manager is not for everyone. This is a job that comes with a lot of responsibilities and a lot of pressure. To really be a successful Business Manager takes a certain kind of person who has a certain set of skills. Fortunately, these skills and traits are things that you can learn if you don’t already have them.
Traits of a Good Business Manager
There are many different traits that can make for a good Business Manager. If you try to search for a list of traits you will find many different lists with many different traits. The ten that are listed here are the most common ones found on those lists.
Being self-aware means knowing your own strengths and weaknesses. This is probably one of the most important traits anyone, not only a Business Managers, could possibly have. As a Business Manager, you will need to be able to manage and even employee staff members. The best Business Managers make sure that their team is made of people who complement each other. This means hiring people who have the skills you need and that others, including yourself, don’t have.
Many managers make the mistake of not delegating properly. It is natural for someone to try and control everything when they are a manager. The problem with this is simply that it is impossible to manage everything. A good Business Manager knows when to give control to others. Delegating tasks and control to team members also help to make team members feel important and valued.
While delegation is important, it is also important to be able to take a stand. A good Business Manager not only knows when to let go but also when to take charge. In the end, the responsibility for making decisions falls on the shoulders of the manager.
The balance between delegation and decisiveness can be a very difficult thing to do but being able to this makes someone a good Business Manager.
A good leader is always fair. This means treating everyone the same at all times. If you are not fair then you can’t be objective. You need to be objective to make good and fair decisions. The team and the business rely on the Business Manager’s ability to make the best decisions possible.
You need to be enthusiastic and passionate about what you do. If you want to lead a successful team, you not only need to be fair, you need to inspire your team as well. If you are not enthusiastic or passionate about what you are doing, your team won’t be either and if your team is not enthusiastic then the morale of your team will be low and it will not succeed.
You can’t just assume that you will get respect. Respect needs to be earned. The only way to earn the respect of your team and colleagues it to lead with integrity. If you don’t stand for something bigger than yourself or your word can never be trusted, your team will have no respect for you.
It is no good just being able to talk the talk. You need to walk the walk as well. As a leader, you need to be aware of all the latest developments, trends, and information related to your field. While you can’t know everything, which is part of why you have a team, you can’t be oblivious to what is happening. Without this knowledge, you cannot make proper decisions. The business and your team depend on your ability to make the best decisions you can.
Creativity and Imagination
At this point, you might be wondering what creativity has to do with Business Management. This is as important as any other points raised so far. However, you need to be creative to effectively manage a business. This is because you need to come up with creative strategies for marketing, ways to solve problems, and even just to streamline the way business is done.
Managing a business is difficult. Things will go wrong, and be difficult. A Business Manager has to be able to handle all of this without giving up. This will not only help your business endure but it will also encourage your staff to not give up.
Nothing is as bad for a company as a lack of communication. Without proper communication, problems occur. This could be because of poor instructions being passed around or because of miscommunication.
Another problem with bad or no communication is that it makes people unhappy and distrustful. When there is a lack of trust between staff and management, a business is almost sure to fail.
As you can see, all these traits can be learned or adopted. The important thing to remember is that these traits are crucial to being an effective Business Manager.
Business Manager Duties
There are so many different duties that a Business Manager need to do that it would be almost impossible to list everything in this article so here is a summary of some of the most common duties.
- Day-to-day – These duties are all to help the company run smoothly on a daily basis.
- Staff – Many Business Managers are expected to hire staff.
- Goal Setting – This is why Business Managers need to set clear goals for their team to help the company reach its targets and goals.
- Middle man – As with all managers, a Business Manager acts as a middle man between management and employees.
- Admin – There is a lot of paperwork that needs to be done for any company and this forms a large part of a Business Manager’s job.
- Motivating – If a team has bad morale or no motivation then it is doomed to fail. A Business Manager needs to find ways to motivate and encourage staff at all times.
- Training – Apart from hiring new employees, a Business Manager often has to get involved with the training of new employees as well.
Can I Study Business Management?
There are many different Business Management courses out there that you can study. Different institutions offer different kinds of courses. There are various short courses available as well as Diploma courses. What kind of course you will study depends on your needs and where you choose to study.
The Benefits of Studying Business Management
Studying Business Management courses teach you many different skills which are useful in many kinds of jobs as well. This makes these courses such great options. They teach you skills like how to become a more effective team player and how to effectively manage people.
Another reason is that while experience generally counts for a lot, in today’s fast-paced world, things change so quickly. Studying a course like this keeps you up to date and there are some skills that you can only learn through a study program.
When it comes to fields like Business Management, more and more employers are preferring to hire people who have completed a high-quality course. This means that studying a Business Management course gives you an advantage over other people as well as opening up a lot of other doors for you too.
Every kind of business and company needs good, qualified, and dedicated managers, giving you more job opportunities. However, the skills you learn in a Business Management course are easily transferrable. This means that you can work in many other kinds of positions and fields, increasing your job opportunities even more.
Can I Study Business Management From Home?
Yes, you can. Studying from home is becoming an increasingly popular option. One of the reasons for this is because more and more people want to either improve their skills or study something new, but they are already working.
There are many colleges and companies that offer part-time and full home study courses out there. These range from short courses to diploma courses. Skills Academy is one such college that offers Business Management courses.
Skills Academy Business Management Courses
There are two different options to choose from when it comes to the Skills Academy Business courses. You can choose to study their National Diploma course or you can study the ICB business courses. The Skills Academy Business Management courses are all accredited courses. This means that they give you recognised qualifications.
National Diploma in Business Management
The National Diploma in Business Management is broken down into three parts namely the Business Management N4, N5, and N6 certificates. Each certificate takes 12 months to complete. Apart from studying these three certificates, you will also need to to complete 18 months of practical work before you can get your National Diploma.
The practical work can be done during or after your studies. This is usually done through internships. The Department of Higher Education and Training (DHET) launched its iWIL system which helps students find appropriate internships.
ICB Business Management
The Institute of Certified Bookkeepers (ICB) offers three courses namely the:
- National Certificate: Small Business Financial Management
- Higher Certificate: Office Administration
- National Diploma: Financial Accounting
The length of these courses ranges from 12 to 36 months. However, unlike with the National Diploma courses, finishing one of these courses immediately gives you an internationally recognised qualification. If you finish all three courses you will have three qualifications.
Why Should I Study the Skills Academy Business Management Courses?
Apart from the high quality of the Skills Academy Business Management courses on offer, Skills Academy also has a number of other things that make it an attractive option.
Among the things that Skills Academy offers its students is the ability to pay their fees monthly. Most companies require you to pay the full amount of your course fees upfront when you register. By allowing students to pay monthly Skills Academy has made it easier and more affordable for students to get access to education.
Along with this is the ability to put your studies on hold for up to two months. The reason for this is that Skills Academy understands that, especially with distance learning, there are times when you are unable to study. This could be from having to travel for work or family responsibilities. With Skills Academy, you can choose to put your studies on hold. This means that not only do you not have to study during that time, but you also don’t need to pay.
Another advantage of being able to pay your fees monthly is Skills Academy’s study faster belief. While studying with Skills Academy, you can study faster and finish your studies in less time than normal. The biggest advantage of this is that once you finish studying you don’t need to pay further either. For example, this means that if you finish an eight-month course in six months, you only need to pay for six months. You can save up to 50% of your study fees this way.
Skills Academy also makes it easier to pay your study fees than ever before. This is because Skills Academy uses the EasyPay system. EasyPay allows you to easily pay your fees online. However, EasyPay also gives you the ability to pay at various shops throughout South Africa.
All of these features make it easier than ever to continue studying. Skills Academy also offers its students many other advantages and resources to help them with their studies. These include things like access to online study groups and more.
Want to Register for the Skills Academy Business Courses?
If you are interested in the Skills Academy Business Management courses you can call them toll-free on 0800 39 00 27. Their consultants will be able to answer any questions that you might have and even help you to register. Call them today and take the first step to your future!