One of the biggest challenges of running a business is managing your team members. While you can easily delegate responsibilities to lighten the management load, the bulk of the decision-making still ends on your table. And if it happens that you have a lot of people working under you, it surely will be challenging getting everyone to be at their best. In this article, you will learn from real estate mogul Costas Polycarpou how to weather the storm and get everyone in your team running at maximum and managing a large team effectively. You can find his secrets below. But first, let’s find out more about businessman Costas Polycarpou.
Who is Costas Polycarpou?
Founder of Polyteck and private investment mogul Costas Polycarpou has been in the news lately for his contributions to real estate development in the UK and beyond. The company, which he started with his father in 2005 when he was 27 years old, has grown to become a force to reckon with in the global business industry.
In just 15 years, he has been able to scale the company, grow its revenue to an excess of $30 million, and show signs of more positive growth in the coming years.
As a consultant and private investor, he has successfully delivered quality services to clients in the property investment business. A genuine love for working in the property sector is one of his secrets to the company’s success over the years.
What you Can Learn from Costas Polycarpou About Effective Team Management
There is no doubting that the key to successful management is proper planning, and in today’s business environment, you want to have several plans in place for when things don’t pan out. When it comes to working with a large team, below are ways you can get more work done without burning out.
Learn to Delegate
Doing too much work can be one of the fastest ways to burn out and lose interest in growing your business even when you have a good idea. There is so much to do these days when it comes to running a business effectively.
Consulting with the clients, meeting with the suppliers, handling the marketing and sales channels, and then taking care of yourself at the end of the day. This can be too much for anyone to handle.
So you want to know exactly how to spread the word among your team members. You can check this page for tips on how to delegate work.
Work with Trusted Team Members
Of course, it will take you time to find trustworthy team members. And once you can identify them, you should reciprocate the trust they have earned. This can come in handy when you have a lot of work to handle and need them to deliver their best for the team.
They would have proven themselves to be reliable at any given moment, which is enough to keep them on top of their game whenever they are called to play.
Always Ask for Feedback
Even after empowering leaders among your team, you want them also to report back to you. This will help ensure that you are carried along in the day-to-day operation and decision-making procedure.
Leaving your team members to work without your occasional input could jeopardize your operation. It is your responsibility at the end of the day for how your business turns out, so you want to be in the loop every step of the way.
Be Involved in the Work Process
So you have a team of hundred workers in a large office who attend to all your client’s needs, it is not enough to pack up and jet out of Cabo for a month.
You want to discipline yourself and be involved in the work process at the office. This will help motivate other team members to put in their best when they see your high level of commitment.
So you want to ensure that you get your office to be comfortable to accommodate all the work you will be handling daily. This link https://www.businessnewsdaily.com/7456-workspace-design-productivity.html has more on how to get yourself better integrated into your workspace.
When it comes to managing a large team effectively, you want to be exhibit a good level of interpersonal relationships with your team members. At the same time, you obviously can’t know everything about them; it does help if you show commitment to their welfare.
And it shouldn’t always be about work before you think about them. You are human and should treat everyone else the way you want to be treated.