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Do You Have the Business Know-How You Need?

Published: March 12, 2018

Starting out in a business can be intimidating. You wonder whether or not you have the business know-how it takes to build your business career and become a manager someday. Luckily, a lot of what it really takes to succeed in business are skills that you can learn.


To climb the ladder to business success, here are 5 skills you should focus on:


Communication and Negotiation: In some jobs, good communication is important because you work with the public. In others, you may never deal with the public, but you make deals with vendors or need to clearly explain goals to your team. Either way, in just about every job, it’s important to know the best ways to communicate with those around you. Good customer service keeps them coming back. Good negotiation with vendors and contractors helps you get the best value you can. And good internal communication helps set the right tone; it can ensure that you and your co-workers get along with each other and your supervisors.


Leadership: If you want to advance in your career, you need to show that you can be a leader. No matter what your position, take initiative. Go above and beyond in your own job and be willing to pitch in on team projects. You don’t need to be the boss to be a leader. You could take a new employee under your wing and help them succeed in their early days at the company, without being asked to do it. Or maybe you could suggest new ideas for better ways to get a job done to your manager. Build your leadership skills and you will be top of mind for promotions.


Decision Making and Problem Solving: As you advance in your career, it’s likely that more and more decisions and problems will fall on you. You will need to be able to weigh the consequences of different choices and reason out what the best solution is for the business, employees, and customers. You will probably be faced with new and even unexpected issues every day, especially if you own your own business. Sometimes, it will be hard to clearly see the best answer, but strong decision-making and problem-solving skills can help guide you.


Ethics: When it comes time to make decisions, you’ll sometimes have to consider what the ethical options are, and it won’t always be easy. Of course you want to do the right thing, but it might be challenging to see how you can do right by your company, employees, customers, and the community all at the same time. If you know how to apply strong ethics in any circumstance, it will benefit everyone touched by your organization because you will be better equipped to decide and explain what is right and wrong, and why.


Time Management: The better you can manage your time, the more you can accomplish. And in business, there is always more to do! When you have good time management skills, you understand how to focus on what’s most important so that you can maximize your productivity. Especially when you are in sales or own your own business, time management is important because when you are more productive, you can make more money.


Do you want to learn more about the skills you need to succeed in business? At Charter College, you can work on these skills and more to get a great start in a business career or take the one you already have to the next level.