How a New Manager Can Run a Company Efficiently

1. How a New Manager Can Run a Company Efficiently A new manager can benefit from a few tips to run a company well. Meetings are a useful strategy and a digital transcription firm can provide transcripts. MOS Legal Transcription Company 8596. 101st Street, Suite H Tulsa, OK 74133

2. Meetings can be good or bad. Good meetings leave the meeting participants energized and bad meetings are considered a waste of time. The effectiveness of a meeting depends on how well the manager manages the meeting. The best managers understand the importance of these events, and that conducting a great meeting takes meticulous planning and solid effort. Digital transcription firms can provide transcripts of these meetings that can be used for future reference and better decision making. If you are a new manager, then it may be difficult for you to manage a meeting and you may be even find it to be a daunting task. A new manager needs a lot of skills to be successful. So here are some skills a new manager should have to run a company efficiently: Schedule regular meetings: Meetings are essential criteria in any business organization where many critical decisions are made that are important for the growth of the company. Studies show that 11 million meetings are held every day in the US and about a third of those meetings are unproductive and cost up to $37 billion a year. Therefore a manager should always keep in mind that he or she does not waste the time of their team by conducting unnecessary meetings. Here are some tips to conduct a meeting. The meeting should have a purpose. Set up meeting rules and send a pre-meeting checklist or agenda so that employees can come prepared and ensure active participation in the meeting. Make sure the meeting is device free to avoid distractions. Pick the appropriate time for the meeting and this will help your employees to be more productive and creative. To know whether the meeting was successful, get feedback from your employees about the meeting. In order to keep a tab on all important decisions take in the meeting, consider hiring a general transcription provider to record the meeting and transcribe it into accurate notes. Give feedback: Most of the managers do not like the idea of giving feedback. A leadership development company Zenger/Folkman surveyed 8000 managers and found www.legaltranscriptionservice.com 918-221-7810

3. that 44 percent of them felt that giving feedback is a stressful task. However, giving feedback to your employees is important. Here are some tips: Don’t wait for more than 24 hours to bring concerns or feedback to your employees. The best time to give feedback is mid mornings. Make sure that your employees are not going through some difficult times personally. Begin with a small conversation and ask “Is it ok if I give you some feedback on yesterday’s client meeting?” As a new manager, the feedback need not be negative all the time. The Zenger/Folkman survey found that 40 percent of managers gave their employees positive reinforcement. This made an impact on employees to be more effective and honest communicators. So, praising your employees could prove beneficial for your organization. Hire the right people: A business always needs qualified candidates and choosing the right candidate is essential. According to Paul McDonald, senior executive director at Robert Half, a recruiting process begins with a good job description and a glimpse of your company. Be upfront about the job reports, so candidates can do their diligence. As per McDonald, the candidates are looking for a great leaders Be clear about the salary range Give an idea about the work culture of your company Be clear about hiring timeline so that you can avoid keeping your candidates waiting Show how the job position will fit into a larger career path within the company Efficient time management is vital: As a company’s manager, you will have to do many things in a day. So make a to-do list every day and get through the list so that your day will be productive and avoid wastage of time. The first step is to organize your tasks in the order of importance so you can prioritize. You can also set apart time to do any important task. Build a positive work culture and team: Having a positive team and a good work culture is important. To foster a good team, communicate with your employees clearly and ensure that your employees are recognized for their work. Provide proper guidelines www.legaltranscriptionservice.com 918-221-7810

4. to your employees and share your knowledge with them. Be a mentor to your workers and support each other. Managers represent the organization, the group’s interests and efforts that lead to the success of the company. They also play a very significant role in planning and making business decisions. The above-mentioned tips would help a new manager run the company efficiently and take it to new heights. www.legaltranscriptionservice.com 918-221-7810