3.2 MANAGEMENT SKILLS2Management SkillsThere are 5 essential management skills to run a successful business. Theseskills are: conceptual, technical, time management, interpersonal and decision-making.Conceptual skills are “the ability to think abstractly to picture an organization as a wholeand understand its relationship to the remainder of business community.” (Solomon,Poatsy and Martin, 2014, pg. 205-206).For instance, top level managers need to think with creativity, analyzing/understanding intricate and abstract ideas. Having well rounded conceptual skill set,allows these managers, to see the interrelationships between its departments/divisions;understanding the dynamics of each area and how they affect the overall environment.(Katz, 1974).Technical skills “include the abilities and knowledge that enable employees tocarry out specific tasks required of a discipline or a department.” (Solomon, Poatsy andMartin, 2014, pg. 206). Most on-the-job training programs/vocational jobs ensure thedevelopment and mastery of specialized technical skills.
