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Interview Patty

Skills And Training For Directors And Owners

Skills To Succeed In Your Business

As a business owner or director you need many different skills for your business to succeed.

You may be a first-class engineer, but unless you can sell your product, your business could fail. Likewise, you could be a wizard financier, but unless the people you employ are well managed, your business could collapse.

Running a successful business means being able to access many skills. As your business grows, the range and complexity of skills your business needs will grow too.

This guide outlines the kind of skills that businesses need to function successfully and outlines the skills required by those heading a business, e.g. people-management, leadership, team-building and strategy-setting. It will advise you on where to go to find help and training to ensure all these skills needs are met in your business.

  • The core skills all businesses require
  • Skills required by growing businesses
  • Key skills for owners and directors: leadership
  • Key skills for owners and directors: strategy
  • Key skills for owners and directors: delegation
  • Key skills for owners: building a management team
  • Key skills for owners and directors: managing your team
  • Skills and training for company directors
  • Sources of leadership training

Leadership training is as much about personal development as it is about learning set skills through formal training. For this reason, mentoring is often chosen as the best way to develop leadership potential.

Mentoring is an informal, generally unstructured process in which a mentor, usually someone very experienced in business, spends time developing the inner resources of the mentee. It is not a teacher-pupil relationship. Rather, the mentor is more of a guide and somebody against whom ideas can be safely sounded out.

Networking is another important type of skill development for business owners and directors. A wide variety of business networks exists - including those for new businesses, young owners and women owners. These allow you to learn from people running similar businesses and facing similar obstacles.

Source: Infoentrepreneurs

Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.

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