Finance Review

Cultivating a good manager takes finesse and experience. In fact, it is like creating a fine wine. You harvest the best grapes, so the desired ingredients will be present. You distil in order to increase the concentration and purity, and then it must age in order to reach its peak performance. The same can be said for a manager. Key ingredients such as reliability, ability to make competent decisions and possess innate leadership qualities must be present in order to become a successful manager. If any of those ingredients is missing or is skewed in relation to the other, the combination can be reckless and create undesirable consequences down the road.

Let’s say that one of your managers, showing the promise of an excellent senior level leader, begins making key decisions without going through the chain of command for final approval. It is crucial at this time that you are not correcting them by reacting in a negative manner by criticizing, blaming, or yelling at them for their lack of judgment. There is a fine line between helping a senior level leader clarify their role in decision making and quite another to squelch their creativity and leadership judgments and abilities. Remember the analogy of producing a fine wine. Care and time will ensure a quality product.

It’s far more constructive to have a face-to-face with the leader and compliment their initiative in making decisions. Let them know that you are observing their performance and comment on it. Ask them if they’ve noticed that they are making key decisions without input from management. Your approach should be determined based on their answer.

Last 5 posts by Deepak Shrivastava

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• Review Your Finances Regularly - August 3rd, 2010