Top 6 Core Managerial Competencies

These Top Six Core Managerial Competencies discuss the management skills and development tips by six managerial competencies.

 

Managerial competencies are a set of skills and knowledge that is required at different levels of business operations for the decision-making process and business management. In the 21^st century managers or managerial persons shall possess certain competencies for discharging their duties effectively and to gain effectiveness in their duties. Managers are expected to have more of people handling or team management skills i.e. to manage others to achieve objectives. There are some generic skills that a manager or managerial person shall possess and this also includes the ability to manage and understand emotions of self and of others. Requirements of managerial competencies are divided into three broader areas i.e. cluster, competency and threshold competency and each requires a different set of skills and capabilities. The core six managerial competency skills are below:

 

1. Communication Competency

2. Planning and Administration Competency

3. Teamwork Competency

4. Strategic Action Competency

5. Multi-Cultural Competency

6. Self Management Competency

 

As we are aware, the business operation of organisations is conducted in competitive working environments and ever-changing environments. To cope with the changing and complex external business environment, a manager or managerial person is required to develop some competencies to survive in the organisation. Some of the required managerial competencies are the ability to read the business environment, proactive or advanced management, a managerial person shall promote innovation, creativity and learning, skills of managing complex situations or complexities, etc. These are some examples of managerial competencies required by the organisation. Another important managerial competency that a manager shall possess is to look forward or ahead, identify weaknesses and strengths of the business organisation, identify issues and their solution, etc.

 

Another aspect of managerial competencies in the management or managers is the ability to link their skills and ability with the demand of the job or with a job description. Managers having managerial competencies are of no use if they are not able to link or use in performing duties. Competencies are required to be applied on day to day operations, in specific job, for specific demand, etc. There are various jobs that managers are required to perform in the business organisation and managers shall perform their tasks with high competencies. Therefore managers shall employ competencies while planning, controlling, motivating, organising and coordinating i.e. these are the major jobs of managers in the organisation. To serve an organisation with a high level of competencies or with effective performance management, the manager shall maintain a balance between individual performances, job demand or job requirements and the environment in which the organisation operates. Therefore it is noted that managerial competencies are not fixed but they shall vary according to the demand and changing nature of business organisation. Up-gradation and amendments are required in the skills or competencies that manager possess.

 

Useful Links

Health and Safety Legislation in Western Australia

Types of Psychology

Oz Assignments: Designed to Help You Writing Assignments Easily and Accurately