How to Build Great Analytical Skills for Managerial Level
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Build Great Analytical Skills In Business –
We both know that jumping from entry-level to the manager is not an easy process. In many companies, there are several levels in between where you need to prove yourself before you get any further promotion.
But how can you make that mental leap from being an entry-level professional to a manager who has the power to change the game of the organization?
You can simply change your mind-sets and you’re done. This statement may sound like a fairy tale but it’s true. We will articulate in detail why you’re focusing on mindset changes in a minute.
But for now, let’s take this issue of why you’re thinking it’s a fairy tale? You’re thinking like this because you’ve yet to shift your focus from entry-level mind-set to manager mindset.
Many people go for MBAs and after completing MBAs fetch big positions, but most don’t. Why? Because even if the MBA helps them learn the critical and great analytical skills of success in business, but they haven’t learned the great analytical skills of mindset change.
To be a manager, you need to think like a manager. No, not after you become a manager from an entry-level employee; rather before there’s any possibility of becoming a manager.
Does it make sense to you now? It’s not a fairy tale, rather it’s a process of putting arduous effort to change your mindset even before you think of anything else.
And in this article, we will hand you those mindset changes process and also the great analytical skills. By using this guide you can easily be able to put your mindset before you step into the position of a manager.
If you’re ready, let’s begin with some Great Analytical Skills.
Work harder on yourself than on your job with the great analytical skills
No, this is not just old stuff; rather it’s about your business. You are the most important person in your life. You are the CEO of your personal services corporation.
And you provide your service to an office which in exchange for your efforts pays your salary at the end of each month. Who is responsible for making this service extra-ordinary? You are. So how would you do that? Simply by changing your mindset about who you are!
Doing a job at entry-level is one part of you, not the whole. So, you should give more importance to the whole more than the part/s. Moreover, if you work on yourself, your work will automatically improve.
It’s old advice that change begins with you. If you think that – you need to work harder than yourself than on your job, you will do justice with your job. From an entry-level mindset, you will directly reach the mindset of a manager, even before becoming a manager in reality.
Not either-or, but both
As an entry-level employee, you need to concentrate on your work and you move around within a limited sphere. But as a manager, you move out of than cocoon and reach for the higher game.
Here’s how you do that.
When the organizations set goals, it allocates work to every resource available in the organization. As an entry-level employee, you get your share of work and you’re only thinking about completing that staff.
You don’t need to think beyond that. But if you want to think like a manager, you need to change your mind-set. You need to think beyond just your “area of work” and try to have a helicopter view of your work.
Meaning as you think short-term as an entry-level employee, as a manager you need to change your mind-set and think both, short term and long term.
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There’s another phase of this mind-set. It’s said that – if you want to eat the cake from the plate, you have two choices. One, you can eat the cake. Two, you can let the cake sit on the plate and don’t eat.
As an entry-level employee, you think like one or the other. But as a manager, you need to think both. Your mind-set would be if you eat the cake, what would be the opportunity cost of not eating the cake; and if you let it sit what would be the opportunity cost of eating the cake.
This approach in mind-set is of utter importance as a manager because when you think like this, you think as an organization, instead of just an individual. And that does make all the difference.
Lead without the title with the help of great analytical skills in business
In the previous era of leadership, people were allowed to lead (by themselves) when they had a position to support their leadership. But the aspect of leadership has changed. This is Leadership 2.0 version. According to this leadership style, anyone can lead irrespective of whether one has any title or not.
As an entry-level employee, you may think that you don’t have any right to lead. But according to the mind-set described by Leadership 2.0, you have the responsibility to lead.
What do you think is the basic difference between an entry-level employee and a manager?
It’s simply one – entry-level employee thinks his/her responsibility ends when his/her job is done; and a manager thinks that until the organization achieves its target, the responsibility of the manager doesn’t end.
Thus, even before becoming a manager, if you change your mind-set from being ‘no-one’ to ‘someone who takes responsibility’, then you don’t need to worry about your position. You will get to that level of leadership without becoming a manager.
We, not me
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As an entry-level employee, your first concern is how you can get your things done and get your salary and be happy at the end of the day. That’s ‘me-me-me’ thinking.
But if you want to become a manager, you need to change your mind-set. According to that mind-set, you cannot simply think ‘me-me-me’; rather you need to think ‘we-we-we’. It’s funny, but if you take a mirror and put under ‘me-me-me’, you would see that in the mirror there will be ‘we-we-we’.
So according to this mind-set, when you’re thinking of ‘me-me-me’, it’s exact opposite mind-set of ‘we-we-we.’
As a manager, you can’t only think about yourself. You need to think about everybody, the team and the organization. If you think only about yourself, people in your team will also do the same and your organization will fail.
If your organization fails, you will be out of the organization soon enough. No, it’s not needed to have a position of a manager before you adopt this sort of mind-set, you can do it now, even you’re an entry-level employee.
People, strategy and execution with great analytical skills
The Apple CEO was asked about his three main focus of the company and he replied – People, strategy and execution.
As an entry-level employee, you may not think that you can work like a CEO. But what if you can?
As an entry-level employee, you take care of the details and think about the short-term goals. But what if you can change your mind-set to find an alignment between what the organization wants in the long term and what you’re doing in the organization.
The position of a manager is like a CEO. CEO manages the entire region of an organization if it’s a global business or the whole organization. And a manager takes care of his small department, a sub-unit. If we view that sub-unit as sub-organization, a manager is also the CEO of that sub-organization.
Now, to make the mental leap from an entry-level employee to a manager, you need to decide what control you have and become a CEO of that sphere of the company.
Suppose, as an entry-level employee you’re handling 2 employees who work with you and as per your guidance. You’re the CEO of your 3-members unit and now you can think as Tim Cook thinks.
What would be the strategy to achieve maximum output of this quarter? How would you help your 2 employees grow and get better at what they do? And how you and your employees can implement the tactics flawlessly? You can simply sit with your employees and discuss and etch out a plan for success. Before becoming a manager, you need to have the mind-set of a manager.
Taking responsibility of whatever happens to your unit
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As an entry-level employee, if no-one works for you, you are only responsible for your own mistakes, successes, failures and in actions. But as a manager, you are not only responsible for your successes, failures, mistakes and errors; rather you’re responsible for each of the employees in your unit.
Yes, thinking like this is tough when you’re not managing a team or members or employees under your direct supervision. But there is a way to this.
This is a tweaking of a deeply-believed mind-set we all are suffering from. If something good happens to us, it’s our responsibility; but by chance, if something odd happens, we won’t take the responsibility of it.
So, if you want to jump from an entry-level employee to a manager, you need to make sure that you take responsibility for everything that happens to you. It may be as small as one important task is not being done for a client meeting.
You can’t give any excuse. When you’re entrusted to do any work, you must make sure that you finish it within the deadline. It’s not to appease your supervisor or any significant other; rather it’s for you.
Once you’ve that mind-set, becoming a manager would become significantly easier. Because as a manager you’re not only accountable to the organization for your own success, but you’re also responsible for the success of your team and the success of each member of the team.
Making tough decisions
As an entry-level employee you are making very few decisions in the organization (if any). But as a manager, you need to make many decisions and some of them are really tough. It’s in the decision that organizations expands or collapses. So making tough decisions rightly is cornerstones of success.
But how would you practice this as an entry-level employee? You just watch the organization from the mind-set of a manager and think through what makes this organization tick.
If the organization is in some sort of bottle-neck, how would you be able to take the organization out of the crisis situation? Role-playing is one way to change your mind-set of an entry-level employee to the mind-set of a manager.
There’s another way to practice it. You need to practice tough decisions on yourself. Making tough decisions is like a muscle. More you exercise the muscle, more it will grow.
Suppose, you’re feeling lazy to do the work in a Friday afternoon! But you know that it’s a high value task and a lot of it depends on this task. By making a choice to sit and do the work is also making a tough decision. Yes, it seems silly. But firmness doesn’t come by being firm with others first. It begins with you.
Trust is everything. You need to know that from the beginning. If your employer doesn’t have trust on you, you aren’t going to stay in the organization for long. And who is responsible to build that trust? You!
As an entry-level person, you don’t always think in these terms. You do your work, take your salary at the end of the month and leave. But each of your action either builds trust or robs off the faith your employer has on you.
And as a manager, a person doesn’t need to only show trustworthiness to his/her employer, but also to his/her team-members.
So, even if you think no-one pays any heed, they do. Whatever you do are observed and talked about. You don’t have an idea about it. From the beginning, as an entry-level
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employee, make sure that you build trust. Before doing anything silly, think twice because the mind-set of being casual doesn’t work very well in the professional arena.
You need to be sincere in your dealings and you need to make sure that whatever you’ve been given is being done with all your effort, might, strength and spirit.
A manager is a seller of trust. When his/her team members believes in his/her ability and trust that s/he does what s/he says, then winning the hearts of the team-members is easy. Build that trust even when you’re en entry-level employee. It is everything.
These are mind-set changes you need to make from the beginning. There are people who don’t want to grow. But as you’ve come this far while reading this article, we know that you want to make your mark in your organization.
Simply follow these great analytical skills advices and you will see the drastic difference you will feel in your personality and the way people perceive you. It’s said that to be able to something, you need to first become. Thus, becoming a manager is the most important thing before you can act as a manager.
This has been a guide to update your great analytical skills from junior level to managerial level. Learn through this article how to build great analytical skills for the managerial level. These are the following external link related to the great analytical skills.