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Business Management Skills

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Among the most important business management skills you can possess is ‘rare sense’ – in other words, the ability to think straight and develop the fact-based insight which produces business breakthroughs. Another attribute which all business managers should strive to develop and deploy is ‘effectiveness’.

The famous management guru Peter Drucker made the vital distinction between ‘efficient’ and ‘effective’ business skills. Performing an activity swiftly and economically is efficient, while doing the right thing well is effective. The wrong thing, however, is ineffective by definition. And if you’re doing the wrong thing, your apparent efficiency will be in vain.

How can you improve your business management? Use a rigorous and disciplined process for setting an agenda that concentrates on the important, rather than the urgent. Also make sure you structure the meetings to produce real decisions, and concentrate on your business management strategy.

Read more about business management skills in the articles below.

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