5 tips to become effective in an executive management role
Executive positions at the executive management, management team, or senior management level are top-level positions in an organization where day-to-day decisions are undertaken. Executives oversee the daily tasks of running an organization. Although they are involved in the strategic decisions and management-level policies, the quality of work of people at the executive management levels does have an impact on the overall organization.
To be efficient in their job, people at executive management positions need to incorporate certain practices and habits. These help them to not only deal with day-to-day issues but also accomplish their daily target. Here are a few things that help a person to do their job well when they are in an executive position.
- Make an action plan : Making an action plan involves planning a course of action, stating the required results, the possible constraints, the probability of change in the action plan, and allocating appropriating resources to get the desired results. Action plans state what the person in the executive management role intends to do; action plan is not a statement of commitment. The action plan should be regularly calibrated to match expectations with results.
- Acquire all the necessary knowledge : The necessary knowledge involves knowing about what needs to be done in a given scenario or to accomplish a particular goal. Many confuse this with knowing what they want. What an executive wants to achieve might not align with the urgent or long-term requirements of the organization. Effective executive management practice involves having a thorough understanding of what needs to be done and prioritizing the tasks to accomplish these goals.
- Ensure meetings are productive : More than half the people in executive management roles spent a major part of their day in meetings. Meetings are where goals are set, action plans are drafted, and responsibilities are delegated. The goal of every meeting is to ensure everyone is on the same page with regards to the what is required to do be done and how to achieve the same. To ensure meetings are productive, it is necessary to set agendas beforehand, assign responsibilities, set deadlines for completion of assignments, ensure all the members of the meetings are aware of these bits of information, and then follow up or keep track of the progress of each of these assignments.
- Ensure responsible decisions : Another effective management practice is to ensure there is responsibility for every decision. This can be implemented by making sure that everyone on a team is aware of who is responsible and accountable for a specific decision and the deadline to ensure the results of the decision have been accomplished. It is essential that the people who will be impacted with the decision are aware of the pros and cons of it and have complete knowledge about the effects of the decision and be prepared to support or oppose it.
- Use “We” instead of “I” : For a person in an executive management, it is always essential to think regarding the organization. They cannot think about what they want to achieve individual or work only towards their personal goals. It is essential for them to think about the opportunities and requirements of the organization.