Lukasz Gogolewski | 8 Tips To Developing Good Business Management Skills

The  Business Management provides a basis for a career in business while being flexible enough to let you pursue areas that particularly interest you. It is designed to gear up you with the skills and self-confidence to effectively manage and adapt to a wide range of competitive and constantly changing business environments.

The business management was delivering quickly outstanding results for the firm so we decided to bring in another team member to grow the business even more.

Definition of a business is an independently owned and operated company that is limited in size and in revenue depending on the industry.

Being good at business management will allow you to come up with new ideas and find ways to handle them properly.

You can build on these by selecting one or two areas including advertising, business economics, business information systems, human resources, international business, marketing, real estate and development, and sustainability.

Starting a business means you will have to manage a range of projects, such as setting up a website, arranging the fit-out of your premises and developing a range of policies and procedures. Knowing how to completely manage your resources, including time, money and staff will help you to achieve your goals.

Time management :

Managing your time effectively mean responsibility to someone else in the business or outsourcing. Time management will help to complete your goals and Identifying who you can delegate tasks to allows you to concentrate on those tasks that generate revenue. Having management skills and time management will help you to run your business benefit and also protect your all financial investment.

Networking:

Building  good relationships through networking will help you to grow your business and give you the support you’ll need.

Problem solving:

However much you plan, you will encounter problems in your business. This means you need to be able to make good decisions, sometimes under pressure.

Marketing and sales service:

It is important to be able to promote your products or services effectively. Providing  good customer service and having a marketing strategy in place will help you to generate sales.

Financial management:

Being able to effectively managing your finances is a critical. You will need to be able to forecast your cash flow and sales, as well as, monitor your profit and loss.

Communication skills:

Having effective and good communication skills will help you to better working relationships .You will need to communicate and negotiate with your suppliers, potential investors, customers and employees.. Every communication should reflect the image you are trying to project.

Leadership:

If you employ people leadership will be a key skill. You must be able to encourage your staff in order to get the best out of them and improve productivity. Allocate time to mentor your employees.

Project management and planning:

Having management skills will help you to run your business profitably and protect your financial investment. It allow you to develop core business skills.

Lukasz Gogolewski helps to build Identifying Management of your Faculty portfolio

Management is not just about managing people, it includes your day to day work, meeting objectives in your appraisals or managing processes and projects. To some degree, everyone has some experience in these areas.

The organisation that you work for will have its’ own standard of practice. For example, key performance indicators, such as the target time that medicines reconciliation must be completed. Lukasz Gogolewski found that understanding the development descriptors was key to mapping competencies correctly.

If you’re going through the Faculty process with colleagues, I recommend you discussing your entries with them to gather their feedback. If there is no one in your workplace undergoing the Faculty process, then get feedback in other ways! Talk to the Faculty Team at the Royal Pharmaceutical Society and find out if there are any workshop events or Faculty Champions in your area. There are also articles in the Pharmaceutical Journal articles and a portfolio building support discussion group and webinars on the Royal Pharmaceutical Society website.

Lukasz Gogolewski lead on an audit which was based on Alert 18 from National Patient Safety Agency: Actions That Can Make Anticoagulant Therapy Safer. One of the actions stated that there should be an annual audit on anticoagulant use, therefore this was implementing a national priority. Recognising standards of practice for the safe use of anticoagulants was necessary to benchmark the compliance of prescribing, monitoring, counselling as well as for documentation. ‘Managing performance’ was met here, as I completed an audit as part of my personal development plan, gathering the knowledge needed to understand anticoagulants.

Lukasz Gogolewski delivered the results of the audit to the doctors within my organisation in order to meet the ‘managing risk’ competency. I also used this as an opportunity to present the principles as supporting good anticoagulant prescribing. There were key deadlines of the phases to the audit;  data collection, analysis, report writing and presentation of the results, they also met  the ‘project management’ competency. My report included recommendations to improve data collection rates for future audits. The recommendations required liaising with other members of the team to prepare for the change, thus meeting the ‘strategic planning’ competency.

Take a look at all of your pieces of evidence and decide whether they can be mapped to any of the other management competencies. My audit, which by its’ nature would be mapped to competencies in Cluster 6: Research and Evaluation. While it’s important to describe the piece of evidence and how you meet the competency, you also need to reflect on your experience. The portfolio is yours – so always remember talk about you and what you did!

Lukasz Gogolewski feel that reflecting on the achievements in my career to demonstrate how I met the competencies made me feel more confident when dealing with large projects. Receiving the personal development plan and reading through objective feedback from the assessors on my achievements was also a great feeling. The assessors also gave feedback on how to progress to meet the management cluster competencies for Advance Stage II.