Management Diary The Quintessential Survival Guide in the Corporate Quagmire!

How to Manage Your Most Valuable Assets - People?


People management and leadership has become a major topic of conversation in today's market place and have assumed mythical qualities. Managing you people is not that difficult if you are willing to invest one thing in their development; YOU.

The emotional cost and some simple training and mentoring can see you be a successful leader and manager.

As a previous CEO of companies (before starting Biz Momentum) I proved this time and time again and often baffled and confounded those that wanted to make the whole leadership thing complicated!

What's it all about!!

1. Managing your people is largely COMMON SENSE

2. Leaders don't wait for others to show the way.

3. Leaders participate in the workplace and are seen doing the hard yards, leading by example we used to call it.

4. Leaders inspire other people through authenticity (Random Acts of Kindness, Mentors not Tormentors)

5. Leaders know their people - Mother Teresa took the time to know her 700 sisters? It's all about choice. As for your people, do you now their partners and children's names? do you know what is important to them?

A Metaphor - Motor Vehicle - How do you treat your car?

Most people put more positive effort into servicing their motor vehicles than taking the time to fine-tune their employees.

? Get to know your car
? Get used to driving it
? Servicing it
? Recognising the different noises - timing chain
? Know when its time to replace, upgrade or keep it

A. What has this to do with employees?

Sign the Contract
Ensure you employees have a valid Employment Contract

Fuel the Car - Empower your people
A comprehensive 'job description' and let them do the job

Take out Insurance
Induct your employees - let them know their responsibilities and rights

Insurance - might have 'an excess' - MULTI-SKILL

Maintenance
Show genuine interest, Develop Listening Skills

Regular Service
Conduct regular performance management appraisals that are highly interactive and positive? Take the time or do the crime. Neglecting to performance manage you employees takes the agenda largely out of your hands and into theirs in times of strife.

Regular Inspection
Being a peacemaker not a peacekeeper. A peacemaker makes peace! A peace keeper constantly keeps warring side apart - there is no peace just the appearance of peace.

Go for a Joy Ride Celebrate successes and Learn to have fun in your business.

THE LAW OF UNINTENDED CONSEQUENCES

(Phil's law of unintended consequences)
You don't intend to fail; however, the choices you make today will determine where you are placed tomorrow. Each choice builds on another and all of a sudden you have a foundation - good or bad - your decision my decision.

You cannot escape your responsibility to manage your people or they will manage your time and you.

People who feel and are genuinely valued are priceless and add great value to your business.

The ball is in your court!

For more helpful information visit www.biz-momentum.com you can sign up for our free monthly newsletter.

Philip Lye is Director of Biz Momentum. Philip has considerable international and cross cultural experience. He works with small to medium businesses to help them cut through the maze of people matters. Clients get specific actionable strategies to protect their business interests. For more information on Philip, visit http://www.biz-momentum.com and subscribe to his free monthly e-zine.


MORE RESOURCES:

July wholesale inventories jump 1.3 percent (Reuters)

London shares ended in positive territory Thursday on US jobs and home sales data after falling in early deals.(AFP/File/Carl de Souza)Reuters - Wholesale inventories surged the most in two years in July, adding to signs that economic growth in the third quarter of the year may prove a bit stronger than many forecasters had expected.



Obama says voters may blame him for economy (AP)

President Barack Obama attends Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010. REUTERS/Larry DowningAP - President Barack Obama insisted Friday that the U.S. economy is digging itself out of the deepest recession in decades but conceded that "progress has been painfully slow" and many voters in November's elections may blame him.



Recession has left huge hole: Obama (AFP)

US President Barack Obama, seen here addressing the press at the White House, said Friday the AFP - US President Barack Obama said Friday the "hole" left by the worst recession in decades was "huge" and admitted the recovery had been "painfully slow," but vowed his policies were working.



Obama says Republicans holding recovery hostage (Reuters)

U.S. President Barack Obama speaks about the economy at the Cuyahoga Community College West Campus in Parma, Ohio, near Cleveland, September 8, 2010. REUTERS/Larry DowningReuters - President Barack Obama accused Republicans on Friday of holding the middle class hostage as he pushed new ideas to stimulate the sluggish U.S. economy and try to reverse Democrats' grim election prospects.



Obama says growing economy will ease poverty (AP)
AP - When it comes to fighting poverty, President Barack Obama says the most important thing he can do is to make the economy grow more quickly so that there are more jobs for everyone.
Obama to voters: Our economic policies better (AP)

President Barack Obama gestures during a news conference in the East Room of the White House in Washington, Friday, Sept. 10, 2010. (AP Photo/Susan Walsh)AP - President Barack Obama says that if voters weigh his economic policies against those of Republicans, then "the Democrats will do very well" in November.



Obama picks new top economist (AFP)

US President Barack Obama(R) on Friday named Austan Goolsbee(L), an economics professor seen here in 2008 and who is currently working in his administration, to chair the Council of Economic Advisors (CEA).(AFP/Getty Images/File/Scott Olson)AFP - US President Barack Obama on Friday named Austan Goolsbee, an economics professor currently working in his administration, to chair the Council of Economic Advisors (CEA).



Obama says OK to call his new plan a stimulus bill (AP)

Construction cranes work in Miami, 2008. the OECD warned that global economic recovery is slowing faster than expected and extra stimulus from governments may be needed.(AFP/File/Juan Castro Olivera)AP - President Barack Obama says his entire economic agenda is designed to stimulate growth and create jobs, despite his administration's reluctance to call his new proposals a "stimulus plan."



(AP)
AP - Obama says 'we are not at war against Islam,' but against terrorist factions.
Wholesale inventories rise 1.3 percent in July (AP)

Sumer Jit of Madison loads supplies, soft drinks, and snack foods into his truck at Sam's Club in Jackson, Miss., Thursday, Sept. 9, 2010. A small business owner, Jit shops often at Sam's Club. Inventories held by wholesalers surged in July by the largest amount in two years while sales rebounded after two straight declines.(AP Photo/Rogelio V. Solis)AP - Inventories held by wholesalers surged in July by the largest amount in two years while sales rebounded after two straight declines.



Chipmakers' outlooks stoke economy concerns (Reuters)
Reuters - Chip makers National Semiconductor and Texas Instruments Inc on Thursday issued quarterly financial targets that stoked investors' worries about a sluggish economy.
China's imports leap, cutting trade surplus (Reuters)
Reuters - China's imports leapt in August, boding well for a strengthening of domestic demand in an economy that has become a major driver of global growth.
AP source: Obama to name Goolsbee to head council (AP)

FILE - In a Jan. 15, 2009 file photo Dr. Austan Goolsbee testifies on Capitol Hill in Washington before the Senate Banking Committee.  President Barack Obama is expected to announce Friday Sept. 10, 2010, that Goolsbee will be the chairman of his Council of Economic Advisers. (AP Photo/Jose Luis Magana/file)AP - President Barack Obama has chosen one of his longtime economic advisers, Austan Goolsbee, to be the chairman of his Council of Economic Advisers, a White House official said.



Japan introduces new stimulus, better 2Q growth (AP)

** FILE ** In this July 1, 2009, file photo workers walk past a construction site in Tokyo. Japan's economy in the second quarter wasn't quite as weak as first thought, new government figures released Friday Sept. 10, 2010, showed. Gross domestic product expanded at an annualized rate of 1.5 percent in the April-June period, an improvement on the meager 0.4 percent reported in last month's preliminary data. (AP Photo/Shuji Kajiyama, File)AP - Japan's economy isn't quite as weak as first thought, but it still needs help, the government said Friday as it unveiled details of a new $11 billion stimulus package.



Obama taps Goolsbee as top White House economist (Reuters)

White House economic adviser Austan Goolsbee (R) speaks to the media alongside White House Press Secretary Robert Gibbs during the daily press briefing at the White House in Washington January 21, 2010. REUTERS/Jason ReedReuters - President Barack Obama has chosen Austan Goolsbee as the new head of the White House Council of Economic Advisers, U.S. administration officials said on Thursday, promoting a longtime adviser from his inner policy circle.



G20 fin mins unlikely to meet in Washington: sources (Reuters)
Reuters - Finance ministers from the Group of 20 developed and leading emerging economies are not likely to meet on the sidelines of the IMF/World Bank Group annual gatherings in Washington early next month, sources said.
U.N. goals to slash poverty, hunger achievable: draft (Reuters)

Homeless children arrive to sleep under a flyover in New Delhi, January 21, 2010. REUTERS/Reinhard KrauseReuters - A set of U.N. goals aimed at drastically reducing poverty and hunger worldwide by 2015 are achievable, despite setbacks caused by the global financial and economic crises, a draft document said.



Summary Box: Jobless claims drop, trade gap falls (AP)
AP - JOBLESS CLAIMS: The number of people signing up for unemployment benefits dropped by 27,000 last week to 451,000, the lowest level in two months.
Business Highlights (AP)
AP - Fears of a second recession ease, at least for now
US lawmakers to quiz Geithner on China currency (AFP)

US Treasury Secretary Tim Geithner, pictured in August 2010, will face a key US House committee's questions on possible new steps to press China over its currency policy, the panel's chairman said Thursday.(AFP/Getty Images/File/Mark Wilson)AFP - US Treasury Secretary Tim Geithner will face a key US House committee's questions on possible new steps to press China over its currency policy, the panel's chairman said Thursday.


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