Tuesday, November 6, 2012

Steve Boccone’s management traits and skills



     Managing people requires hardwork  and only a few seem to have the right combination of talent and skills to lead other men towards a common goal. History is replete with the remarkable achievements of great leaders but at closer look, these men have one thing in common: great leadership and management skills.

The management skills of Steven Boccone was honed by years of experience in handling people. As he took up various positions in the corporate world, he was able to understand how people work –their common habits, their frame of mind. He also became familiar with the way they behave in the workplace. 

Definitely, an effective manager knows where a company is heading but it is equally important to know about the people that make up a team as they determine the success or failure of a goal. A good manager should therefore be able to inspire and motivate people to achieve their goals. And Steven Boccone can do just that.
A good manager often has six essential skills  that enables him to manage people and projects effectively. 

  •  Communicates clearly – A good manager should be able to communicate ideas and facts clearly as this is crucial in the workplace where successful results of a project lies on the flow of accurate information. It must be remembered that clear communication always defines good management.
  • Assertive of ideas – Another trait fundmental to managers is the ability to express ideas, thoughts and emotions in a straightforward, honest way while being tactful and respectful of other people.
  • Connects with people – Though business is all about results, it involves interaction with people and the exhange between them is an essential component of a successful relationship in the workplace. A good manager has the ability to connect with people to build rapport and trust.
  • Motivates people – A good manager knows what motivates his people and responds according to this knowledge. He must be able to match the employees’ motivations and strengths with the tasks and their rewards or compensation. Given the complexity of the organization and the personality of each individual, this is something that a manager should master.
  • Integrity – A manager with integrity honors his words and the employees often trust him and  know that they can count on him. Transparency in action, constructive attitude and performance often results from having a manager with integrity.
  • Decision maker – A manager’s task involves creating strategies, assigning tasks, supervising the execution and provide feedback. In all these activities, good decision-making skill is a crucial element and a good manager must have this most important skill when needed.

What economists like Steven Boccone do

     Unlike other professionals such as doctors, engineers, teachers and politicians, little do people know what an economist, like Steven Boccone, really does.  Although we know something of what economics is, there is very scant knowledge of how an economist works and what he is paid for.
To put it simply, economists typically study the ways how society uses resources such as land, labor, machinery, and raw materials to produce goods and services. Their tasks often include analyzing the cost and benefits of distributing and consuming products and services. To do this they collect data, conduct research, monitor trends and formulate or develop forecasts. 

As a professional economist, Steven Boccone also known to friends as Steve, provides timely and incisive analysis of economic trends in the US and other economies, which he posts in his blog. He also worked as financial consultant for various firms worldwide.

Aside from this, economists also predict, analyze and interpret trends in the economy. They help various agencies, including the government, to use money and resources efficiently. But they only specialize in certain areas they are interested in. To do this, they conduct surveys and interpret data that determines the rise and fall in the economy. 

Economics is a broad field and an economist often has to choose a specific area to indulge in. Microeconomists are often concerned with small and individual businesses while macroeconomists  predict economic developments on a large scale which include job loss, inflation and growth in the economy. World economists, on the other hand, study markets overseas and the exchange rates.
The data that economists collect from surveys are used to create mathematical equations that help them predict trends. These figures are also used to study business cycles and to chart patterns in the changes. This information is important in warning businesses of decline in the economy. 

The knowledge and information that economists derive from their studies are applied in various areas, not only in money and finances. This is widely applied in health, education, and agriculture, to name a few. It is also seen as a factor in law-making and in the formulation of critical government policies.  

An economist’s work is best applied in taxes which have great impact on people and industries, including social security adjustments that could affect the economy of a country. 
Economists like Steve Boccone provide not only essential information on how labor and resources are spent but also show its application on society that are critical to human existence.