Unlike a supervisor, a manager might not always be based closed to the area that the staff under them work in. You could even be managing remote staff. As a manager could be in charge of several areas of a company, and even if not, will be interacting with other areas of the company, every effort should be made so that they know how to complete a variety of tasks. Two very important parts of a company which a manager must know about is finance and HR.
Knowing how finance works will benefit a company because a manager will be fully aware of how this important cog in what might be a very big engine works. A manager should also be aware of HR protocols as well. HR management can be applied when completing a variety of duties. For example, HR can help managers to discipline staff who have broken codes of conduct. HR can also assist with hiring staff as well, especially when a job description is being written. However, if a manager does not know how to complete a wide range of finance and HR tasks, training can overcome this situation.
As a sales manager, you could be sitting in on a management meeting discussing upcoming budgets. If a finance manager is producing some basic information form an accounting side to explain possible constraints, would it not be useful to understand just the fundamentals of terms that he is using? You do not have to know what all appears on a balance sheet, but it would help to know what a balance sheet is, so that you are aware of what he is talking about.
Here at Activia, we have two courses which can help managers to improve their ability and knowledge in completing both finance and HR tasks. Do you believe that when a manager is able to complete as many tasks as possible, they can better their own performance? We do too. The courses which Activia run are Finance for non-Finance managers and Essential HR for non-HR managers.
Not only do we run these two courses but they can also be tailor-made as well. When you attend courses which do not cover vital information, you’ve wasted your money, haven’t you? As you will be taught subjects that you wish to be aware of, you’ll be provided with the tools which you need. How refreshing is that?
The fundamental reason these two courses exist is so that managers can have a basic understanding of what other departments do, and how that will affect them, particularly in interdepartmental meetings. Would these skills not assist you in performing your management role better?