Business and management studies are aimed at equipping students with the knowledge and skills that will enable them to become successful managers. Business and management studies involve training individual about the processes that are used to achieve organisational goals and objectives. This is an organisational process that includes setting strategic goals, making business and management studies a fundamental component of the success of any business, regardless of size, industry or environment.
Skills Academy offers the following range of Skills Academy Institute of Business and Management Studies:
Occupational Health and Safety
Customer Relations Courses
Office Management Courses
Small Business Management Courses
Production and Operations Management
General Management Courses
Marketing Management Courses
Call Centre Management Courses
Retail Management Courses
Sales Management Courses
Financial Management Courses
Human Resource Management Courses
What skills do business owners need their managers to have?
There are many skills that effective managers need in order to run a business successfully. Even if these skills are not already in place, they can, luckily, be taught.
Some of the many skills that you might need to teach your managers in order to make them effective are:
- Strong organisational skills
- Ability to pay attention to detail
- Ability to multitask
- Strategic thinking skills
- Ability to work independently as well as part of a team
- Ability to work under pressure
- Strong interpersonal skills
- Excellent communication skills
- Ability to motivate and inspire others
How can business and management studies benefit my future?
Although you have more than likely heard that business and management studies is an excellent field of study, you may still be confused about how studying this can benefit you. Having this kind of training can:
- Enhance your CV.
- Show a prospective employer that you are enthusiastic and that you have a passion for management.
- Help you to become more organised.
- Help you to develop better project management skills.
- Help you to gain a deeper understanding of the management procedures and processes.
- Help you to decide whether it is a subject you would like to pursue further.
- Provide you with a valuable skill set that you can use throughout your life.
What is human resources management?
It is not uncommon to be unsure about exactly what human resources management is, or about what types of activities it involves.
Human resources management is often referred to as HRM or HR. In essence, it entails the management procedures which are used in relation to an organisation’s workforce.
The HR department in a company is responsible for the selection, training, assessment and remuneration of employees. It is also the HR department’s job to ensure organisational leadership. Another essential responsibility of the HR department is to ensure compliance with the relevant labour laws and employment policies.
What is small business management?
Small business management refers to the process of controlling the operations of a small business. Although the legal definition of a small business may differ from country to country, a small business is usually a privately owned entity or partnership.
To start up and run your own small business, you will need a certain set of essential knowledge and skills. There are also set procedures and protocols that need to be followed when starting up a small business. It is therefore a good idea to study a course in small business management if you want to go this route.
Last Updated: December 4, 2017