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Effective management is a primary objective for leaders across the globe. Better leadership helps build stronger communities, businesses and organizations. Management principles serve as guidelines for the decisions and actions of leaders that help them function on a daily basis. Without guiding principles, leaders can quickly become disconnected from the organization’s vision and mission. There are 3 effective management techniques that can support the changing landscape of both local and global organization, they are ethical leadership, strategic vision and trust.
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Ethical business behavior is an essential leadership responsibility. In business, ethics are the values, morals and principles that an organization and its leaders use to govern business practices, actions and behaviors. Because we live in a world of diverse cultures, business practices can vary greatly depending on country, region or customs. In addition, everyone in an organization will not hold the same beliefs, integrity or level of loyalty and conscientiousness with regard to business practices. It is imperative that leaders employ the ethical business principles defined by their organizational management. These principles should enable leaders to act responsibly and with integrity, respect, dependability, and transparency. Establishing the management principle of ethical leadership identifies an organization to its employees, stakeholders, customers, and prospective clients as a business that offers trustworthiness, competency, reliability, and security. People feel confident working for and doing business with leaders who value ethical behavior as a consistent priority.
Strategic vision links the current position of your organization with its future. It has often been compared to a roadmap for a journey. Without a roadmap, the organization can get lost, accidentally take detours, or end up in a completely different place than it planned to go. A strategic vision outlines the path to the goal. Even if your team must make a detour at some point, a strategic vision will serve as the consistent definition of the initial goals, so that you and your team can consider alternate routes but still achieve the desired results.Creating a clear vision for your organization is an important first step for communicating organizational goals. It is a leader’s role to craft a clear, simple and memorable vision as well as a roadmap to achieving it, so that everyone in the organization can understand and follow.
Trust affects everyone involved in the organizational relationship. Leader must consistently build trust as a guiding principle of management. It is imperative for leaders to assess how their personal behaviors establish trust among those they lead. Employees must see leaders as authentically reliable, dependable and respectful in order to consider them trustworthy.Building, nurturing and maintaining trust in all organizational relationships is essential as a guiding management principle. When leaders establish trust, they foster more authentic communication and loyalty among team members, colleagues, stakeholders, customers, followers. It takes time and intention to build trust; but one untrustworthy behavior can diminish or destroy organizational relationships.
In conclusion, with these 3 principles of effective management guiding you, you will raise the standard of leadership in your organization and inspire those around you to lead ethically, clearly, trusted, and with a focus on achievement.Businesses that deliver fast-to-market products may establish management principles around innovation. And while the management principles in organization may evolve over time, most organizations are built upon a foundational set of management principles that steer organizational growth and effectiveness.
[Source]
Leadercast. (2016). Leading Manager Principles. Source: https://northcoasttraining.org/wp-content/uploads/2016/03/Manage.pdf, accessed on July 2019.
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