Location is usually a tell-tale sign of success and a major factor in creating trust among clients. Being in the right location is a key ingredient for the success of a business. Location strategy is a plan to obtain the most favorable location for a company in accordance with its needs and objectives. This implies maximizing profits while minimizing costs and risks.
Haven’t we all heard the saying, “ People don’t leave bad companies, they leave bad managers”. Well, wiser words haven’t been spoken before.
At the core of things, great managers have one job: to get the very best out of the people they manage. While that premise sounds simple, the execution is hard.
So, how do good managers become great managers?
It starts with understanding and ultimately excelling at the following traits.
- Great Attitude
Attitude really is everything and great managers know that their energy and attitude sets the pace for the day. Great Managers knows when to hold certain situations lightly and when to drive certain situations with a high degree of urgency.
- Nurtures Talent
The number-one asset for a company having great managers is they develop and nurture great talent. They are able to get the right people in the right roles at the right time. They do this through the encouragement of mentorship opportunities and the implementation of a proactive plan for addressing career development interests, needs and desires.
Delegation is the key to administrative effectiveness. Because it is their objective to add value to the overall operation of a business, the ability to delegate is one of the most important qualities of a good manager. Their goal is to have global vision, and contribute to the business operation in a more inclusive manner.
- The Big Picture
Great managers see the big picture concurrent with managing the details. Small actions and bay steps lead to the big picture; the great manager is skilful at doing both: think big while also paying attention to the details.