You've just gotten that promotion and now you're in charge of a small team. Congratulations! And welcome to middle management. All the hard work and the knowledge you've developed about everything your firm does these past few years has been noticed. But, now you have a small team of people under you. You're responsible for them. Don't take this task lightly.
How does one get into middle management? You have to master the many aspects of your initial job. This could be anywhere from building models to painting decks to auditing the many line items of a company. Whatever it is you do, you have to be a rock star, you will probably have "seen it all", and most importantly, your current bosses trust in your abilities and allow you to work (more or less) independently. Once all of those ducks are in a row, you'll be granted more responsibility, in particular, the responsibility for the work of people under you.
You'll be given, as I like to call them, minions. How you view your responsibility towards your new minions, and how you proceed with having them do your bidding (see why I call them minions?), can be the difference between being a good manager or a crappy one. We all have stories of crappy managers, but there's a paucity of discussion on what makes a good one. Hopefully those of you about to enter into your first real management position will get some benefit from what I've learned over the years.
1. Don't try to do all the work yourself.
read more
No comments:
Post a Comment