Micromanagement is your best choice in management style when considering situations that are high risk, high value, or new to you and your team. Micromanagement gets a bad reputation, but in reality, this is the best type of management to keep a close eye on a situation that has a high risk of reducing your ROI or have a high revenue for your business. Also, consider watching new systems and circumstances closely. You want to make sure everything is running smoothly and there are no negative effects taking place.
This type of management is not too invasive and not too hands-off – it’s just right for situations that you want to keep an eye on without getting knees deep. You’ll want to verify your financials are correct and your key performance indicators, or KPIs, are doing well. This is also the perfect management style to use when considering your team and customer satisfaction. Verifying management with your team can be a random check-in or sending out customer surveys. These ensure that the team is being evaluated regularly without being on top of them.
Hands-off Guidance Management
A hands-off approach may sound nerve-racking for some, but the reality of the situation is you need to give your team room to be creative work try new things in order to grow and maintain a positive relationship. Trust your team members to come up with new ideas to implement around the office and throughout the practice, but steer them in the right direction with company values at the same time. This type of guidance will make sure you have a hand in the pot without taking away their creativity or autonomy. You never know what positive new practices may come out of it, whether it’s a new way of measuring your company’s performance or new content to go up on your social media.
Being fluid and using a combination of these three management styles at the right times will ensure your business is running properly and you have happy employees in the process.