Our Management Training Workshops

By introducing our Management Training workshops to your staff we help ease the negative effect of change on both managerial and supervisory personnel. The change in job responsibilities, the change in personnel, job duties, and the rising challenge of developing subordinates are specific goals of our learning systems workshops. We are highly successful at helping Managers and Supervisors learn and adapt to the necessary skills and proper behaviors to be successful at work as well as in their personal lives.

For more information on our management training workshops please contact us.

As a part of our management training workshops, Managers and Supervisors will learn how to:

• Minimize the chance of miscommunication by understanding what people are really saying, and why
• Deal with difficult people, manage tense situations, and resolve conflict
• Make use of proven active listening skills to improve your ability to gain helpful information
• Be able to facilitate, guide, and close discussions in one-on-one or group settings
• Improve understanding and communication by giving and receiving good feedback
• Use ideas submitted by a member of the team without causing other members to be defensive
• Develop a comprehensive team building strategy that improves productivity of the whole team
• Emphasize the value of working toward common goals without devaluing individual accomplishment
• Define and set up a method to track staff activities
• Be able to manage time and work assignments effectively
• Conduct team meetings that capture and hold the audience’s attention
• Interview and hire the right person for the right job
• Save time and work more effectively through the use of a clear time management plan
• Understand and comply with proper hiring and managing requirements
• Communicate effectively with both superiors, peers and subordinates
• Become effective coaches for their work team
• Conduct accurate and difficult performance appraisals

 

Management Training:
Project Management Training Workshop for Future Success

This is the last article in a series of articles discussing how to effectively use project portfolio management in your business. In this article, I want to talk about how management projects should contribute to the firm's health and help position the firm for future success.

Remember, for project portfolio management to be effective, management projects must:

1. Be aligned with the firm's strategy and goals
2. Be consistent with the firm's values and culture
3. Contribute (directly or indirectly) to a positive cash flow for the enterprise.
4. Effectively use the firm's resources-both people and resources
5. Not only provide for current contributions to the firm's health but must help to position the firm for future success.

Management projects Must Contribute to the Firm's Health

When we talk about a firm's health, we are typically referring to the financial stability of the company. In an article by Lynn Westergard titled "Measuring Company Health Via Cash Flow Ratios" he refers to the Statement of Cash Flows as being the best indicator for measuring health. "The most useful cash flow ratios fall into two general categories. The first group consists of ratios that test for solvency and liquidity: operating cash flow, fund flow coverage, cash interest coverage and cash debt coverage. The second group of ratios indicates the viability of a business as an ongoing concern. It includes "cash to capital expenditures" (CE) and "cash to total debt" (TD) ratios."

Without going into a class on how to interpret financial statements, let's summarize what Lynn Westergard said by simply stating that for a firm to be healthy it must be able to meet its current liabilities and be in a position to finance its future growth. Because management projects are often resource and cash intensive, selecting the right management projects are key to the health of the firm. Management projects that contribute to the financial stability of the company provide additional cash flow and financial leverage to help the company be profitable today and in the future. Selecting the wrong management projects can cause unnecessary debt in both the short-term and long-term, as well as significantly impact the firm's ability to grow.

Management projects Must Help Position the Firm for Future Success

Along with their ability to contribute to the firm's current health, management projects must help position the firm for future success. Below are few questions to consider when selecting management projects:

Will this management project provide a competitive advantage for my company?
Does the management project enhance my product or service offering?
Can I use the management project to demonstrate company stability?
Can I use the management project as a reference to help me get more management projects?
Does the management project provide future cash flows to help sustain my company's growth?
When can I expect a return on my investment? Is it a short-term or long-term return?

I'm sure that are many more questions you could ask, but the real point here is that for project portfolio management to be effective, you must consider the company's future when selecting management projects. Will it help the company be more successful or will it hurt the company?

 

Jessie L. Warner, MBA: link

Subject: Management Training Workshop

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