As the owner of a virtual accounting business, I am unable to have face-to-face interactions in a physical office setting with my staff. Yes, we have Skype conferences, but it isn’t the same as being able to walk over to their desk and have a conversation. Owning a Picture1virtual business is both a challenge and a joy. Because of the reporting systems we have in place and the management style of our company, for us it works well.

If, however, you are a new business owner and you’re wondering whether your leadership or management style is helping your business and your employees thrive, here are a few of the common leadership issues I have witnessed during my time as a serial entrepreneur:

  1. You’re too hands off. Yes, you hire employees because their skill set matches your needs, but if you’re too distant, items may fall through the cracks. You may also find out too late that customer service is not up to your standards or other client issues could arise.
  2. Conversely, if you’re a micro-manager you are not empowering your employees to do the tasks for which they were hired. If you find you need to sign off on every piece of paperwork, and approve every client missive, you need to take a step back and trust that once your employees are trained they will be good representatives for your business.
  3. You know it all and are more than happy to tell everyone. Yes, as a business owner you need to have a working knowledge of what goes on in the day-to-day operations, but you also need to be able to explain and then delegate tasks for which you’re not entirely suited so that you focus on your core competencies.
  4. As soon as possible, get a manager in place who will help handle most of the routine management so that you’re only dealing with more serious issues. Now you’re only managing the manager and not everyone!

What is your management style? Does it need to change to facilitate growth?

About the Author

Leave a Reply

Your email address will not be published. Required fields are marked *