Margaret Kronfeld – Don’t Make These Three Management Mistakes

Margaret Kronfeld is a dedicated individual who believes in the work she does as a career, and how she can impact the lives of others as well. She is known for her leadership abilities in the business world, and she has been working as the Company Director for BK Enterprises for several years. She understands what it takes to be a leader in business, and she works hard in order to manage the daily operations of the company. BK Enterprises operates in the automotive industry, and finance, sell, and service Hyundai, Renault, and Isuzu vehicles. The company has grown successfully since she took her position.

Being a manager, whether you’re managing a major project or a whole team of employees, is no easy task. You have to be able to see the end result before things start to fall into place so that you can direct people where they need to go. You also have to understand how to motivate your team members in order to work their hardest, together, and for the sake of a common goal. Here are three management mistakes you shouldn’t make.

Don’t forget to communicate with your team members or employees. Communication is the key if you want to successful complete a project, or just successful work on daily responsibilities. Teams need to be able to communicate with each other, especially during a project, otherwise coordination won’t be possible for the people involved. Make sure you establish direct lines of communication with your team members, even if it’s just to see where they stand on daily tasks.

Don’t make mistakes when it comes to the budget. This is one of the most important responsibilities a manager or company leader has. You need to be able to accurately manage your budget in order to avoid issues in the future as the money is being accounted for. Make sure you compare your project or typical budget with that of actual expenditures so that you can see where more money is needed and where it can be taken away. Always save company money where you can.

Finally, make sure you don’t leave any project unmanaged. An issue that some managers have is that they put too much trust into their team members, and allow them to manage projects on their own. Although this can work sometimes, it will reflect poorly on you if the project fails, which is a possibility if you leave it up to your employees. Take control of every project, and make sure people are working toward completion.

Margaret Kronfeld understands the common mistakes managers can make in the field, but she is confident that she won’t fall victim to these mistakes in the future as she continues to learn and grow. She is committed to her position as Company Director for BK Enterprises.

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