18 Must Have Skills in today’s business world
The corporate world is a rapidly revolutionizing with every passing day. In times like these where technology is just a touch away and the job market is scattered all over the internet, it becomes pretty tough to keep up with the competition without being well-equipped with the required skills. Every employer is clearly looking for a highly skillful person for their company. So today, we are going to let you know about the 18 must have skills in today’s business world.
No matter what your job is, whether you are a hotelier or someone who is trying to run his newly built startup, there might be some situations at your workplace where things would go wrong and your problem solving skills would come to the rescue. Companies these days want to know whether their employees are capable of coming up with witty and effective solutions to the given problems. It’s not just about finding the appropriate solution, you also need to be spontaneous where required. Sudden crisis at workplace is something which occurs in almost every firm. As an employee, you should be ready to face challenges and come up with an effective solution just in time.
In an unpredictable environment, it is very important for an organization to have employees with a dynamic and adaptable nature. Hiring a person with qualities like flexibility and willingness to adjust can be beneficial for both the company, as well as its work culture and employees. Which is why, industries are looking for candidates who can switch and multi-task without any issues. You need to be aware that you have to meet up with sudden requirements of the company. Hence, a flexible nature becomes a must have trait. Get ready to take risks and go beyond the usual for the betterment of the company. This skill will surely help you if you are a fresher, who is trying to make a mark in the industry.
In a world which has become so advanced, communication is not only limited to verbal communication now. Emails, phone calls, skype calls etc. have all revolutionized the meaning of communication. The better you are at it, the better would be your relationship with your boss and co-workers and vice versa. Since communication skills is an important element in the corporate culture, one cannot climb the ladder of success without being an effective communicator. Even if you are an introvert, you need to come out of your shell in order to work well with your team. Team work cannot be executed if you do not communicate well with your teammates. This can even hamper your work and slow down your performance. It is always a good idea to maintain a healthy communication, not just with your boss but also all your co-workers.
Today’s industries are not only looking for people who are willing to multi-task, but also people who are willing to use their creativity for organization’s growth and development. Creative thinkers are very likely to be in demand in the top organizations since the need for creating something unique and fresh is on the rush. Creative writing, social media handling, every job these days requires a creative aspect, which can lure the audience into buying their products. Adding a touch of creativity to your work can do wonders. It not only attracts more audience, but also saves you from boredom. Whenever you feel like your work is getting monotonous, try working on something creative and refreshing. It will help you relax your mind and produce better outcomes.
Many of us are aware about what is an IQ i.e Intelligence quotient, but do you have any idea about EQ? Well, EQ is known as Emotional quotient and it can be defined as the person’s ability to understand and recognize their own emotions, along with the emotions of those who are around them. Being in the corporate world is a stressful task, especially when you need to meet different people each day. Coming across diverse personalities everyday is another reason why having a good EQ is important. In order to connect with people emotionally and socially, having a good emotional quotient becomes absolutely essential.
Paying attention to the details
Painting a good big picture without paying attention to minute details is like trying to solve a calculus problem without knowing basic addition. Hence, it is very important for an employee to pay attention to the intricate details of the project and create an impressive output. This can only be achieved by being focused and hardworking towards the final outcome and putting your heart and soul into your projects. Get into the details of your project, note down the flaws and work upon them.
Whatever your job might be, basic writing skills are an essential part of every job. Almost 75% of employers want employees with good writing skills. Writing is considered as an essential way to portray your thoughts and communicate the same to people and nobody can deny the fact that communication is vital for any organization to succeed. Today, writing is more than just basic grammar and correct spelling. Most people can write, but only a few can write well. Hence, it becomes essential to have good writing skills and doing some additional courses like creative writing, content writing, etc. does no harm.
Employees that have great writing skills also tend to have great communication skills, attention to detail and courtesy. This makes a good first impression to the clients, benefitting the organization as a whole.
Displaying excellent writing skills is the best way to remain consistently employable. In short, the future belongs to those who can communicate and connect well with wider audience through their writing skills.
Leadership is a skill that fights your lack of confidence and enhances your strengths. Nowadays, every organization is not looking for followers, but leaders who have the ability to make the best decisions out of the worst possible scenarios. Being an effective leader is a tough job to excel but the fruits reaped are worth all the trouble. It is a skill that is not limited to the senior management but every working professional must possess. This helps you to be focussed, courageous and productive.
Good leadership skills is more than just being bossy. Clear communication, problem solving, relationship building and trustworthiness are some crucial traits that an effective leader needs to possess. The importance of these skills cannot be emphasized enough.
The ideal combination would probably be of a leader + a thinker who can solve problems easily and look for the organization and its fellow employee’s betterment. Adopting these qualities helps you strive to be a real leader and empathize with your team.
Life is a race and everyone is struggling to run with time for a better future. Managing your time and being super productive is another corporate requirement. In today’s business world, time is the greatest asset for any organization. It has a huge impact on the productivity, providing high profits in less cost.
Prioritizing tasks and taking adequate time to relax has become much needed in the stressful corporate work culture. Using planners, notes, journals and reminders can help you keep track of the time and things and is a good way to manage your time.
Here are some tips to improve time management skills:
Set goals: Establishing clear-cut goals helps you target work the right way.This saves you from falling off track and motivates you to work towards it and achieve them.
Plan ahead: Planning ahead saves you time and avoids unnecessary stress that follows. Ensure that you make to-do lists in the evening for the next day. Daily goals are easier to achieve and helps in achieving long term goals quickly.
Prioritize: Prioritize each item on your to-do list. This helps you to stay focussed and accomplishing things on deadlines.
Also, there are various cloud-based software available that helps in tracking time and ensures teamwork. Tools like Rescue time, Toggl, Timely, etc. manages schedules, track progress and notifies time spent on a specific activity.
Business Acumen is the basic knowledge of how a particular company, and the industry it operates in, works. It is primarily a matter of practise and experience more than just theoretical knowledge. Learning about the product or service the company provides , the status of its competitors, and the general industry trends, is something that can set you apart in a crowd full of people with the same hard skills as you, who are applying for the same roles and responsibilities as you. Also, it is the ability to make judgements and quick decisions based on the understanding of business model. You consider every aspect of the business before you reach a conclusion and this task can be hideous. Business acumen skills require understanding of certain areas to improve business performance and increase profitability.
Financial literacy: The end goal of any business is to create profits and to achieve this, one needs to have a thorough understanding of what drives profitability and cash flow.
Market Orientation: External factors play an important role in the working of any organization. It is crucial to have a deep understanding of your competitor’s business and your customers’ purchasing criteria.
Without business acumen, the functioning of the organization is in deep trouble. Understanding business strategies and its effective implementation is the core that is developed when you start reading more business blogs, books and involving in online discussions.
Ability to handle pressure
Stress is a part of almost every job. Whether it be work related or personal issues, every person goes through some stressful events in their everyday life. It is necessary to understand and be able to handle pressure and have the ability to keep calm in tough situations.
Professionally, today we all have to work under pressure at one time or the other and therefore this is a skill that everyone should master. The workplace stress arises due to time constraints, task difficulty, insufficient knowledge to complete the task or any other challenge or unexpected situations.
Unfortunately, the work stress is unavoidable and suitable strategies need to be employed to overcome this. You can prioritize work and rethink your tasks. If any task can be delegated or postponed, feel confident to do that to relieve some stress.
You can always join some classes like yoga, art of living courses or hit the gym to keep yourself both, mentally as well as physically fit.
Planning and organization
The ability to be able to divide huge tasks into smaller, manageable ones, and then completing them in a given time-frame is an indispensable part of all jobs. This requires formulating both short-term and long-term plans and utilising the available resources in the most effective way to achieve your goals.
Planning and organizing skills help manage your time and other resources to achieve a desired goal. Although planning and organizing are two individual skills but they often go hand in hand. Your job performance and productivity depend on efficient planning and organizing.
Planning makes your life simple. If your future activities are planned, you tend to be more focussed towards your responsibilities. You will be able to prioritize things in sync with the long-term goals of the organization.
In a workplace you have multiple roles to play and often juggle up with multiple responsibilities and hence organizing skills are crucial to manage the workload. Being able to delegate tasks efficiently is one of the most important skills you must master. With effective organizing skills you will be able to save a lot of time, reduce stress and deadlines will be met without compromising the quality of work.
Taking initiatives is nowadays considered as one of the golden traits which every corporate employee must have. If you are assigned a task, your job does not solely involve completing it just for the sake of its completion. Dig deeper to find out at what places can you take an initiative and land up with the opportunity of becoming an employee of the month and generate more revenue for your company. If you have already completed all your tasks, don’t sit around and wait for someone to notice you. Ask your boss to throw a new challenging assignment to you and make sure that you perform the best in it. Also remember that it is always important to showcase that you are willing to learn and raise questions where needed. Employees who raise questions and get things done are far more valuable to an employer than those who don’t. It’s not just work where you can take initiatives. You can also become the team lead of the fun activities which your company provides and surprise them by showcasing your leadership skills beyond the regular 9 to 5 working hours. Organizing fun events in the office will not only help you bond with your co-workers, but also highlight your initiative taking capabilities. If you don’t like something, don’t wait for others to change or improve it. Do it yourself and know how things are revamped or made from scratch. Take notes from your seniors and learn about how they took charge of things even if those were not their core tasks and how it helped them become a refined leader. Go beyond your comfort zone and look around for new opportunities. Remember that nobody is going to push you for taking the lead. You need to work upon yourself and take charge of whatever has been assigned to you or if you think you can do something better, don’t complain about it and just simply do it.
Basic Techno Skills
Computers and technology have become an essential part of today’s job marketplace. Any job which you take up requires its employees to gain a few IT skills. You don’t need to be a techno savvy person in order to become the best employee in your organization. All you need is basic proficiency in commonly used software like Microsoft PowerPoint, Word, and Excel. If you are into the field of digital marketing, tools like SEO, keyword research etc. can be immensely useful for your career development. If you think deeply over this, you may realize that our world consistently revolves around technology. From every website which you come across, to the fantastic apps which have made your life easier, everything we have around us is a product of technology. In today’s business world, companies are not just looking for people with good management skill sets. They multi-taskers who should have the perfect blend of technical and management based knowledge. Such people are assets of every organization and know how to make their way through the tough competition. So the question is- How can you equip yourself with such tools?
Well, all you need is a computer and an internet connection! Thousands of free courses are available over hundreds of websites which can help you learn Excel or SEO without spending a hefty sum of money. Companies like Google and Facebook offer their own free courses. People who are developing tech skills now are moving ahead of their competition. From artificial intelligence to machine learning, changes in the way businesses operate are evident, and understanding technology enables us to flourish in today’s society. Skills like coding don’t only support technological understanding, they also develop coveted transferable skills.
Ability to multitask
Ideally, when someone is offered a job, there is a job description included in the contract which describes their role and responsibilities. However, in reality, companies do not stick to solely what is mentioned in their job description. The job description describes your core role in the company, but there are other hidden tasks as well which you are required to perform during your tenure. At the end of the day, employers are looking for someone who is willing to try out different things, and wear multiple hats at the same time, and provide more than one sole contribution at a time to the company. You can be a king of one, but at the same time you need to be a jack of all as well.
Public speaking is a very crucial skill and highly important, which requires a lot of self-confidence, practice, as well as analysis of your audience. Even though it comes naturally to some people, it is definitely a skill that can be acquired, and it is a skill sought after by employers.
After all, when you meet clients, you represent the company as a whole and not just yourself. It is only fair that they would rather recruit someone that can carry themselves well while expressing the values and products of the company and represent the company in the best possible way and represent its ideals and values via words. If you are interested in public speaking but don’t know where to begin from, you can start by following some famous public speakers and watching their videos. You can also try speaking in front of the mirror and imitate them, in order to boost your confidence. Participating in debates is also a good way to enhance your public speaking skills. The only way by which you can improve on this is practice. Take up an internship where you need to speak a lot over calls or just simply convince clients about why they should buy your product. It’ll improve your language speaking skills, as well as help you gain confidence
Resume/ CV Making
A resume or a CV is a one-page depiction of your professional hardwork and perseverance. So, you obviously need to understand how to make one. Not only this, you also need to be good at it so that whatever job interview you go for, your resume can make you stand out of the competition. Signing up for a short resume-making course is always a good investment for your professional journey and getting an expertise on one is even better. Always remember that you need to highlight your key strengths and conceal your weaknesses in the most flawless way in a resume. Add skills which can add extra value to your overall profile. If you want your resume to shine out, you can try making it a bit more creative with the help of professional resume making firms. Your resume is a reflection of your achievements or you can say it’s just a brochure which tells the employer about your strengths and focuses on why they should hire you. Make sure that you cover all your achievements in this crisp one page informative piece of paper which can help you land up with your dream job. Also, you can take up free resume making courses online if you really want to know how to make a good resume, without spending a hefty sum of money to consultants and agencies.
Project Management Skills
Gone are the times when project managers were the only ones who required this skillset. With the new evolving corporate world, the top firms need people who have project management skills and are willing to make every project function smoothly, making sure that there is no additional work pressure and everybody in the team is aware of their roles and responsibilities. Basically, Good project management skills are what guarantees that things get done. Better yet: done on time and within a budget. In every firm, one has to work in teams. Different teams get different projects and getting equipped with decent project management skills is surely a plus point. Not only it will benefit the company, but also make your work-life easier by letting you work on projects in a balanced way and keeping a track of time spent on different aspects of the project. You can take up online courses for the same or do a certification course or masters in project management in order to gear yourself up with this skill.
THE ULTIMATE MASTERCLASS
"STUDY ABROAD 101"
7 Must-Know Strategies to get into your Dream Schools
Limited Slots Left
So these were the top 18 skills which you need to have in order to make your professional life much easier. Also, you need to keep in mind that these skills are not built in a day. Patience is the key. Pick one skill at a time and try to work on it and you’ll see what wonders it can do to your work life.