culled from:http://smallbusiness.chron.com
Hiring Practices
Good
management begins before you hire staff. Small business owners often
are extremely cost conscious, so they may try to get a good deal by
hiring young employees or paying lower than the market rate. This
strategy can backfire. Pay a wage that is competitive with other
businesses, and thoroughly vet employees by checking references and
verifying experience prior to hiring them. An incompetent employee can
cost your business lots of money, and high turnover poses a significant
expense.
Setting Expectations
Set clear expectations with your employees. Everyone should know their specific duties and goals, and you should regularly update your staff on changed company policies and new projects. Communicate clearly and directly about expectations, and provide clear benchmarks that allow employees to know if they're meeting expectations.Management Style
Good
managers are able to straddle the fine line between micromanaging and
neglect. One effective strategy is to monitor your employees' work
product rather than your employees. If an employee consistently produces
excellent work, then her time management and work strategies are
working. Don't interfere. But an employee who produces shoddy work may
need additional supervision, retraining and guidance. Don't allow an
employee to get away with bad results simply because he's at work on
time and is pleasant. Instead, provide him with the feedback and
training he needs to do his job well.
Team Building
Particularly
in a small office, a collegial environment can be extremely effective.
Be friendly with your employees and get to know them as people. Office
parties, friendly conversation and flexible vacation policies can all
help your employees feel like valued members of a team. This can
increase their productivity and benefit your business. Incentives for
excellent performance work much more effectively than punitive rules,
and play a central role in keeping your team motivated.
Performance Reviews
Performance
reviews are an integral part of good management. They allow you to
monitor progress and give employees clear information about their
strengths and weaknesses. Conduct in-person performance years at least
twice per year. Perhaps equally important, ask your employees to
honestly assess your management style. Work environments that foster
two-way communication are generally more productive, and employees often
have excellent insight into how their managers can be more effective.
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