10 Essential Managerial Skills and How to Develop Them (2024)

Written by Coursera • Updated on

Discover the skills you need to be effective in a manager position and get tips for developing your managerial skills.

10 Essential Managerial Skills and How to Develop Them (1)

Effective management requires various key skills, from good communication and conflict management to strategic thinking. Knowing what managerial skills you need and how to develop them can help you become a better manager. This guide identifies ten essential skills managers need, clearly explaining what management is, why good management matters, and how you can benefit from being a manager.

What is management?

In business, management refers to supervising employees and overseeing day-to-day operations to meet an organization's goals and objectives. Managers need to have a deep knowledge of their particular industry, which means having some level of business expertise.

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10 Essential Managerial Skills and How to Develop Them (2)

How does good management benefit a company?

Good management helps ensure an organization's success in several ways. These include:

  • Planning: Good managers plan strategies to achieve company goals.

  • Direction: Good managers know how to direct and motivate employees.

  • Control: Good managers ensure employees execute tasks and make changes when needed.

Read more: 8 Management Styles in Business: Choosing the Best Fit

What are some benefits of being a manager?

No matter what industry you choose, being a manager has certain benefits. Typically, managers get to enjoy the following benefits:

  • Get to be involved in making important decisions at work

  • Enjoy some control over what work they do and when and how they work on it

  • Spend a good deal of time in collaboration with other people and working with teams

  • Enjoy opportunities for job-related learning and development

  • Have many options for career advancement within or outside of the workplace

  • Receive a good salary and benefits

10 Essential Managerial Skills and How to Develop Them (3)

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10 Essential Managerial Skills and How to Develop Them (4)

10 skills every manager should have

Managing companies and employees effectively takes a specific skill set. To build your managerial expertise, consider attaining these skills:

1. Ability to delegate

As a manager, the ability to delegate can offer you a variety of benefits. First, sharing tasks with others saves you time at work and reduces your stress levels. Delegating also engages and empowers your employees, helps build their skill sets, and boosts productivity in the workplace.

2. Ability to inspire and motivate

Employees depend on managers for support and guidance. By providing goals and objectives and a clear vision for how to meet them, you can keep employees motivated to perform their best. Other ways to inspire and motivate employees include finding ways to make work more engaging and rewarding and providing positive and helpful feedback.

3. Conflict-management

Workplaces typically have occasional conflicts, so knowing how to navigate them makes managing easier. This skill involves identifying the cause or causes of conflicts and coming up with quick and effective remedies.

4. Decision-making

Decision-making involves identifying an issue, weighing options, and taking action. The ability to make decisions can save time, boost productivity, build trust, and reduce confusion in the workplace.

5. Effective communication

Being a manager involves interacting with people regularly. On any given day, you might run a staff meeting, make a presentation to board members, or resolve a conflict between two employees. In addition to conveying information, listening when communicating is essential. Practicing good listening helps you be present, maintain eye contact, and paraphrase what your speaker says.

6. Emotional intelligence

If you can manage your emotions and help manage the emotions of others, chances are you have emotional intelligence. Emotionally intelligent managers often have empathy for others, a sense of self-awareness, an ability to think before speaking or acting, and a high degree of resilience.

7. Flexibility

Roadblocks pop up in any workplace, and good managers know how to get around them. Flexibility involves finding multiple ways to manage a team, complete a task, or solve a problem.

8. Organization

As a manager, you may have much to handle at once, including tasks, reports, meetings, projects, and presentations. Good organizational skills can help. These include goal setting, scheduling, time management, and recordkeeping.

9. Problem-solving

Problem-solving goes hand-in-hand with decision-making. The process involves identifying a problem, weighing solutions, choosing the best one, and evaluating whether or not it works. Managers who are good problem solvers have an easier time meeting company goals and objectives.

10. Strategic thinking

Managers who can strategically think offer great value to companies. Strategic thinking involves the following:

  • Analyzing data to come up with strategies

  • Creating strategies for meeting company goals and objectives

  • Thinking of ways to implement strategies

  • Directing others in the completion of goal-related tasks

  • Communicating the results to company stakeholders

Ways to develop managerial skills

Gaining new skills or improving the ones you have can help you be more successful in a management position. Whether you're a current manager or hoping to become one, consider these tips for developing management skills:

  • Seek advice and guidance from a mentor.

  • Read books about management theories, techniques, and styles.

  • Think about areas you need to improve, set goals, and take steps to achieve them.

  • Go back to school and get a certificate or a degree.

  • Attend industry-related training, conferences, and workshops.

  • Practice skills like active listening, delegating, and organization.

  • Join a public speaking group or take a public speaking or business writing class.

  • Look for opportunities to be a leader at work, home, class, or through volunteering or sports.

Develop people management skills.

You’ll ideally concentrate on developing specific people management skills. By focusing on specific competencies, you can build higher competency levels in each area compared to a general competency approach. Enrolling in professional development courses is a great way to learn new management techniques and improve your existing skills.

You might also want to find a mentor or business coach to guide you on competency gaps and how to refine them. Asking other managers for feedback or advice is another great way to learn more about yourself—and what you need to do to improve as a manager.

Next steps: Getting started with Coursera

To develop current management skills or pick up new ones, consider taking the Strategic Leadership and Management Specialization offered by the University of Illinois at Urbana-Champaign on Coursera. You'll learn how to build good relationships in the workplace, lead teams, and inspire employee motivation and engagement. You'll also discover principles, theories, and frameworks to help you manage employees more effectively and explore long-term business and corporate strategy. At the end of the course, you'll participate in a capstone project where you can apply everything you've learned and receive a shareable career certificate.

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Keep reading

  1. Why Do Managers Need Coaching Skills?

  2. 2024 Guide to Managing Remote Teams

  3. Performance Management Best Practices

Written by Coursera • Updated on

This content has been made available for informational purposes only. Learners are advised to conduct additional research to ensure that courses and other credentials pursued meet their personal, professional, and financial goals.

10 Essential Managerial Skills and How to Develop Them (2024)

FAQs

10 Essential Managerial Skills and How to Develop Them? ›

This article explores ten key leadership skills that every manager should develop. These skills include effective communication, adaptability and flexibility, problem-solving, empathy, decision-making, delegation, time management, conflict resolution, team building, and inspiration and motivation.

What are the 10 different skills required by a manager? ›

The 10 most important skills for effective management
  • Communication skills. ...
  • Leadership skills. ...
  • Strategic thinking. ...
  • Organization and time management. ...
  • Problem-solving skills. ...
  • Decision-making skills. ...
  • Conflict resolution skills. ...
  • Emotional intelligence.

What are the 10 leadership skills every manager needs to succeed? ›

This article explores ten key leadership skills that every manager should develop. These skills include effective communication, adaptability and flexibility, problem-solving, empathy, decision-making, delegation, time management, conflict resolution, team building, and inspiration and motivation.

What are the essential skills of managers answer? ›

Organisation and delegation

As a manager you'll juggle multiple responsibilities, so excellent organisational skills are vital. You'll need to manage your own time and workload, oversee the work of other employees, attend meetings and training sessions, carry out appraisals and review company policies.

How do you make managers develop their skills? ›

How to develop your management skills
  1. Take time to reflect. ...
  2. Seek out feedback. ...
  3. Volunteer to lead an initiative or project. ...
  4. Find opportunities to coach your peers. ...
  5. Celebrate your peers' wins. ...
  6. Tune in and participate in meetings. ...
  7. Look to mentors and leaders you admire.

How do you learn essential managerial skills and competencies? ›

Attend industry-related training, conferences, and workshops. Practice skills like active listening, delegating, and organization. Join a public speaking group or take a public speaking or business writing class. Look for opportunities to be a leader at work, home, class, or through volunteering or sports.

What are the essential roles and skills required of a manager? ›

Management and leadership skills are often used interchangeably as they both involve planning, decision-making, problem-solving, communication, delegation, and time management. Good managers are almost always good leaders as well.

What are your 3 strongest leadership skills? ›

Valuable leadership skills include the ability to delegate, inspire and communicate effectively. Other leadership traits include honesty, confidence, commitment and creativity. In IT, executives are often required to be jacks-of-all-trades.

What are the five 5 powerful leadership traits of a good leader? ›

5 Characteristics Every Good Leader Should Have
  • Decisiveness. The ability to make decisions, particularly when under pressure, is an important skill to master. ...
  • Trustworthiness. ...
  • Empowerment of others. ...
  • Clear communication. ...
  • Resilience.

What are the four 4 traits of successful leadership? ›

4 Traits of Great Leadership
  • 4 Essential Characteristics of a Purposeful Leader.
  • Trust. First and foremost, leaders need to be able to develop trust among their employees. ...
  • Compassion. The second characteristic of a purposeful leader is compassion. ...
  • Stability. Stability is the third characteristic of a purposeful leader. ...
  • Hope.
Mar 30, 2023

What are the 3 basic skills required of a manager? ›

Managerial skills fall into three basic categories: technical, human relations, and conceptual skills. The degree to which each type of skill is used depends upon the level of the manager's position as seen in (Figure).

What skills do most managers lack? ›

Here are the top five skills managers are missing:
  1. Team building. According to the People Management Report, 28 percent of employees say team building is the skill their manager lacks most. ...
  2. Providing feedback. ...
  3. Time management. ...
  4. Delegation. ...
  5. Communication.
May 12, 2020

What are the three main managerial skills? ›

Types of managerial skills
  • Technical skills.
  • Conceptual skills.
  • Human or interpersonal management skills.

How can I develop myself as a manager? ›

How to Improve Your Management Skills
  1. Strengthen Your Decision-Making. Sound decision-making is a crucial skill for managers. ...
  2. Cultivate Self-Awareness. ...
  3. Build Trust. ...
  4. Be a Better Communicator. ...
  5. Establish Regular Check-ins. ...
  6. Carve Out Time for Reflection. ...
  7. Complete Management Training.
Jan 9, 2020

What are the top 5 skills a manager needs? ›

We'll discuss the five essential skills every manager needs to succeed in SoME Education: leadership, communication, decision-making, problem-solving, and delegation. We'll explain what each skill involves and why it's important for successful management.

How to develop people as a manager? ›

8 Tips For Effective People Management
  1. Hire the right people. ...
  2. Set clear expectations. ...
  3. Give feedback regularly. ...
  4. Provide training and development opportunities. ...
  5. Address poor performance promptly. ...
  6. Encourage creativity and innovation; embrace failure. ...
  7. Actively listen to your people, teams, and organization. ...
  8. Celebrate successes.

What are the four types of skills of a manager? ›

Originally identified by Henri Fayol as five elements, there are now four commonly accepted functions of management that encompass these necessary skills: planning, organizing, leading, and controlling.

What are the skills required for leadership? ›

Examples of leadership skills
  • Communication. When you work in a leadership position, you must be able to clearly explain everything from expectations to goals and tasks. ...
  • Negotiation. ...
  • Conflict resolution. ...
  • Adaptability. ...
  • Critical thinking. ...
  • Decision-making. ...
  • Problem-solving. ...
  • Relationship building.
Feb 26, 2024

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