Blockchain Is No Silver Bullet Against the Black Market

LVMH is set to launch a blockchain-based system to authenticate goods and satisfy the trend for conscious consumerism by giving customers the “life story” of their products. The French multinational…

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1. Be Prepared To Make Mistakes

Congratulations on the promotion!

You finally get to lead the team and show your expertise but wait! Here are a few tips to help you get started on this new journey

When someone is new to a role, they always want to impress. But chances are that somewhere along the way you’ll make a mistake. Every young manager should understand that they are not infallible, and should take responsibility for any mistakes made, and learn from them. Big or small, every mistake is an opportunity to learn how you can be better.

Define for yourself what your most important actions as a leader are, then use those to guide how you’ll navigate situations. Some examples of these include action (you find a solution when there is a problem), gratitude (you recognize and appreciate others’ contributions), or balance (you don’t let work overload any person or yourself). Find the ones that are important to you!

Those who have already gone through what a new manager is going through can be immensely valuable. Find someone within your company or your external network who can offer advice about difficult situations and can give general feedback on how you’re doing.

You may already know all of them. But if not, it’s important that you do. Even if someone on your team has a different personality or interests, you’re responsible for spending time with them just as much as you would any other employee. Set up informal times to familiarize with everyone in the office about life outside of work when the opportunities present themselves.

It’s great to have a strong relationship with your team. But don’t let it get to a point where you seem to be very close buddies with certain people. This can cause resentment from others, and can additionally make for uncomfortable situations if you have to provide constructive feedback to an employee with whom you’re friends.

Always prioritize the responsibilities of being an effective manager over being a friend. Managers are installed for a reason, so don’t leave your employees without a leader and advocate because you chose to be buddies instead.

Giving feedback can be a difficult situation to handle, but it’s a very significant responsibility of a management position. Read about best practices and speak with other managers about how they approach them.

You can even practice with a friend if that’d help you become comfortable and confident with these conversations.

You have a team of unique individuals working with you, all of whom have a life and goals for themselves. You should care about the success of each of them as their manager.

Furthermore, you should listen when they raise concerns and pay attention when they seem overloaded. The last thing an employee wants is to be drowning in work while the manager is completely indifferent

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