Business – Management Skills

Negotiation
Is the discussion designed to bring together two disputing parties to reach a compromise agreement
Decision making
Is a set of activities involved in searching for, identifying and then implementing a course of action to correct an unsatisfactory situation
Time management
Is the ability to prioritise tasks, set deadlines, review progress and delegate
Communication
Is a process of creating and exchanging information between people that produces feedback
Delegation
Is the transfer of authority and responsibility from a manager to an employee to carry out specific tasks
Stress management
Techniques a manager uses to minimise anxiety
Technical skills
A manager’s ability to perform specific tasks
Visionary skills
A manager’s ability to determine goals, leadership styles and strategies
Interpersonal skills
A manager’s ability to interact with others
Analytical skills
A manager’s ability to interpret and make decisions based on data