3 Essential Skills New Managers Must Have

Management is not a simple task, especially when you are dealing with a diverse workforce in a country like Singapore. The country attracts skilled workers from around the world and to manage both local workers and foreign employees, new managers need knowledge and experience. Supervisory roles can be daunting for new managers, who are being pressured to perform well in their new role but lack the type of experience they need to oversee a complex and dynamic workforce.

So, here we are sharing three essential skills that new managers must have in order to become an effective manager and succeed in their career:

1. Public Speaking Skills: Whether you are talking in a team meeting or presenting your project status in front of board members, as a new manager, you will have to speak in front of people from time to time. So being a good public speaker can boost your self-confidence, enhance your reputation and help your team to perform better. While it is said that practice makes perfect, it can be every bit as helpful to take a public speaking course in Singapore before you start practicing on your own. Public speaking courses are designed to improve your communication skills, presentation skills, and overall personality to give you the push you need in the right direction.

2. Leadership and Management Skills: Managers are required to plan, set priorities, motivate people and coach them to achieve project objectives and goals. Managing today’s workforce in Singaporean organisations requires a certain skill set, which includes team building, communication, listening, delegation, decision-making, collaboration and flexibility. New managers must undergo project management certification courses to stay on top of their team’s performance.

3. Financial Skills: Often new managers lack basic financial skills, so they don’t understand the financial implications of their decisions. Sometimes, managers need to build a budget for their project and formulate reasonable forecasts. By taking up an excel course in Singapore, you learn the basic skills on how to use excel for accounting, finance, forecasting and investment analysis. You can conceptualise and build effective financial models and accurately predict costs and financial outcomes.

Apart from having a thorough understanding of the process you are managing, you must possess good communication, leadership and financial skills to be an effective manager. Taking up a project management certification, public speaking course, or excel course in Singapore can help new managers prepare for success in an evolving workplace.