10 Golden Rules of Effective Management | Odyssey Training (2024)

Your management style is unique to you and should be nurtured in that way.

It is important to know that to apply your management style effectively you will need to follow a few simple rules. Whether you’re a business owner, team leader or project manager, we’ve selected these 10 golden rules of effective management with you in mind.

1. Be consistent

Consistency is key. Being consistent means rewarding the same good behaviours, discouraging the same bad behaviours and treating each member of your team equally. Successful mastery of this rule will ensure the success of most of the other rules.

2. Have clear, concise and complete communication

Communication is the foundation of community. Be clear, concise and complete in all channels of communication including face-to-face, phone and email. Follow this rule and you’ll avoid costly communication errors.

3. Set goals for the team

United we stand. Goal setting not only helps to ensure the success of a project, it also helps your team work together. When you set goals for the team, you generate creativity and collaboration, as well as provide a unified focus and purpose.

4. Publicly recognise hard work

Good things come to those who work hard. When a team member does something outstanding, reward them with a bonus, prize or verbal praise. Moreover, present the reward in public, to give the recipient a boost and show the team that hard work is rewarded.

5. Be the example

Leaders lead by example—whether or not they intend to. If you show up late, your team will be less punctual; if you take responsibility for mistakes, your team will find the courage to admit to their errors. Show your team what you expect of them instead of telling them.

6. Be transparent

Trust and transparency go hand-in-hand. If you want your team to trust you and follow your lead, you need to be transparent. Of course, there will be times when you can’t share information, but keeping relevant information to yourself jeopardises relationships and respect.

7. Tailor your approach for individuals

One size does not fit all. Teams are comprised of individuals, each with their own preferences, strengths, weaknesses and ideals. Focus on individual traits and customise your approach to motivate, encourage and mould each person in your team.

8. Encourage opinions and ideas

Opinions, everyone has one. Yet at work, not everyone shares theirs for fear of ridicule. However, the more individuals engaged in a conversation, the better it is for everyone. Therefore, it’s important to encourage everyone to share their opinions and ideas for a diverse discussion.

9. Help people enjoy work

All work and no play makes for a boring day. Having fun at work doesn’t have to mean playing pool or abandoning the dress code. You can simply add a dedicated break room or engage in casual conversations with your workers during down time.

10. Listen, ask questions, listen

The quieter you become, the more you can hear. It’s easy to dismiss rumblings of discontent in the workplace, but you need to address them. Open dialogue makes it easier to identify and fix problems, as well as ensure employees feel appreciated and acknowledged.

These rules are not strict standards, they’re more like governing principles. A complement to your management style rather than an alternative.

10 Golden Rules of Effective Management | Odyssey Training (1)

Enhance your leadership development skills with courses at Odyssey Training.

As a supervisor, team leader, or manager, it can be difficult to perfect the art of achieving outcomes through other people, in a way that engages and motivates. Supervision requires balancing different views and adapting your management style to suit the situation. Supervision and People Management 2 day course is recommended for supervisors and first level or first-time managers who require practical tools and techniques to gain the cooperation and support of staff.

10 Golden Rules of Effective Management | Odyssey Training (2024)

FAQs

10 Golden Rules of Effective Management | Odyssey Training? ›

Follow the “Golden Rule” - reinforce what you want, ignore what you don't want! Training is a mechanical skill.

What is the golden rules of training? ›

Follow the “Golden Rule” - reinforce what you want, ignore what you don't want! Training is a mechanical skill.

What is the golden principle of management? ›

Here are some the golden rules of effective management: Be consistent: Before your managerial style can be considered effective, it should first be consistent. This means you cannot discourage and penalise certain behaviour and reward another person for the same behaviour when they occur.

What are the 5 management rules? ›

5 Rules of Good Management
  • Rule 1: Find people who are strong where you are weak. ...
  • Rule 2: Keep your employee's personal goals in mind. ...
  • Rule 3: Set clear expectations and work with people to meet them. ...
  • Rule 4: Provide good feedback. ...
  • Rule 5: Encourage and reward employee feedback. ...
  • Fund your future.

What is the golden rule of a supervisor? ›

Many supervisors take as their management philosophy the Golden Rule: do unto others as you would have others do unto you. This approach implies that supervisors use themselves as models in understanding how to manage others.

What is the 10 rule of training? ›

The 70-20-10 rule reveals that individuals tend to learn 70% of their knowledge from challenging experiences and assignments, 20% from developmental relationships, and 10% from coursework and training.

What are the Golden Golden Rules? ›

The Golden Rule is the principle of treating others as one would want to be treated by them. It is sometimes called an ethics of reciprocity, meaning that you should reciprocate to others how you would like them to treat you (not necessarily how they actually treat you).

What is the golden rule of effective management? ›

Be consistent

Consistency is key. Being consistent means rewarding the same good behaviours, discouraging the same bad behaviours and treating each member of your team equally. Successful mastery of this rule will ensure the success of most of the other rules.

What is the golden rule for employees? ›

Treat others as you would like them to treat you.”

What are the 5 basic principles of management? ›

Good managers discover how to master five basic functions: planning, organizing, staffing, leading, and controlling. Planning: This step involves mapping out exactly how to achieve a particular goal. Say, for example, that the organization's goal is to improve company sales.

What are the 5 R's of management? ›

The 5 Rs of waste management are as follows: Refuse, Reduce, Reuse, Repurpose and Recycle. In practice, the 5 Rs will break down the waste lifecycle into stages so that businesses can identify actions they can take to reduce the amount of waste and pollution they produce.

What is the first rule of management? ›

The first rule of management – don't tell people what to do.

What are the 5 steps to effective management? ›

At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling. These five functions are part of a body of practices and theories on how to be a successful manager.

What is the golden rule of leadership? ›

It, being the Golden Rule of leadership: Leading others is a privilege that is earned, not a right. Leaders who understand that leading others is a privilege understand that leading, first and foremost, is about service.

What is the 80 20 rule in managing employees? ›

Simply put, the 80/20 rule states that the relationship between input and output is rarely, if ever, balanced. When applied to work, it means that approximately 20 percent of your efforts produce 80 percent of the results.

What is the golden rule simple? ›

Do unto others as you would have them do unto you.” This seems the most familiar version of the golden rule, highlighting its helpful and proactive gold standard.

What is the golden rule of exercise? ›

It's perfectly acceptable to reduce the weight or resistance or to take a break to maintain proper form. In fact, this approach will likely yield better results in the long run. In the world of exercise, the golden rule should always be: don't sacrifice exercise form for more repetitions.

What is the golden rule in practice? ›

Abstract. The Golden Rule guides people to choose for others what they would choose for themselves. The Golden Rule is often described as 'putting yourself in someone else's shoes', or 'Do unto others as you would have them do unto you'(Baumrin 2004).

What is the golden rule of learning? ›

Rule 1: People learn by doing.

Provide opportunities to apply new knowledge and skills by practicing in as realistic a setting as possible. Activities that involve thoughtful responses, decision-making and solving problems encourage active learning and also promote higher order thinking.

What are the golden rules of the gym? ›

Just remember that it is better to complete 4-6 excellent reps as opposed to 20 poorly performed ones. Building intensity takes time, but you know it is time to increase it when you can complete about 15 reps of an exercise without fatigue; you can then increase your reps or weight.

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