In order to build a successful career in business, it is often said that, like a shark, you need to keep moving to survive. As part of that constant movement, it's imperative for business managers and administrators to always be looking for opportunities for more training, including learning from, and sometimes with, the competition.
Transitioning from employee to boss
Many small businesses are run by people who have experience working in the industry they are now managing. Often, those people started as low-level employees and made their way up the ladder through hard work and dedication. They also may have enhanced their education through night school or by obtaining an online business degree.
However, once they've made it to a position of management, they may feel that most of their education, both scholastic and experiential, is in the past, so they remain static in their attitudes and management techniques. That is one of the biggest mistakes a business manager can make. Not looking at each day, and every opportunity, as a learning experience is one of the fastest ways to become obsolete in the world of business.
Getting out of your comfort zone
One of the most effective ways to continually improve as a business manager is to look for tasks that are outside of your normal routine. For instance, it can be easy to get caught up in the day-to-day minutiae of running a business while putting off long-term planning, or focusing on providing the kind of face-to-face service that is paramount to your business without being aware of the bigger picture.
Finding opportunities for continuing your education, like training sessions through your company or from outside classes, are two methods managers and administrators can explore in order to keep on top of all aspects of their business.
Learning from the competition
Being aware of what your competition is doing is also one of the most important things a business manager can do. Sometimes, that may even include partnering with them in order to find creative solutions to mutual problems.
Cooperation with the competition is often severely underrated by business managers, many of whom are afraid those competitors might become privy to proprietary information. But most of the time, by working together, businesses in the same industry can solve problems endemic to their industry as a whole, leading to expanded opportunities for everyone involved.
Western Governors University is a nonprofit, accredited, online university. WGU offers bachelor's and master's online degree programs in business. Find out more about WGU's Degree Programs in Business.