10 Rules of Management

1. Be fair, honest, and consistent
2. Hire with an eye for tomorrow: Plan to grow; hire within the plan.
3. Delegate by design: Realize you cannot do it all, but give the right task to the right person.
4. Pay accordingly: Salary at or above industry standard lures the best and brightest - and encourages loyalty.
5. Reward appropriately: Bonuses encourage people to work hard.
6. Listen, then lead: For many, listening is a lost art; listen to what people say, than act.
7. Praise publicly, critique privately: Those who praise in public lead by motivating; those who scorn in public lead by fear.
8. Avoid complacency: Idle people foment lost opportunities.
9. Seek camaraderie: The team goes where individuals cannot.
10. Trust wisely: Give people a chance to fail - and succeed.

 Sources:

• www.shrm.org
• www.managing peopleatwork.com

Posted in: Managing People