Last updated on April 6th, 2024 at 02:09 am
In any organization, the managers and employees possess certain skill sets that open up a position for them in the organization. In broad sense, these skills can be defined into 3 categories – Technical skills, Conceptual skills and Human skills.
In this article, let’s talk about the technical skills in management that open up a spot in organizations. Organizations are always on a lookout for employees who have expertise in their domain and have a certain skill set. We will discuss what are those technical skills in management that organizations are searching for in an employee.
What are the Technical Skills?
Technical skills can be defined as a person’s ability to use their knowledge and convert that knowledge into action to accomplish the target. Usually, these technical skills are acquired in college programs or in real life from real life work experience.
Technical skills in management include a wide range of skills which are from various different fields. For example, technical skills in electronics, computer, hardware, software, and so on. And technical skills require certain tools and technology.
Technical skills in management also refers to analytical skills of a person regarding their expertise or domain.
Usually technical skills refer to real life skills which are performed by individuals, when these skills are used in professional ways, they can be called technical skills.
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Now let’s move onto the Technical Skills in Management.
Technical Skills in Management
Data Science
Data science has become a trend for quite a time now. Organizations will pick a person with this skill anytime over others. A person who has analytical skills is always resourceful for the organization.
Data science is an analytical skill. Individuals who have learned data science are taught to study data and create a pattern or trend out of it, and organizations need individuals who can recognise trends in data to be at the top of the market by understanding consumer behavior and changing market needs.
This skill can be learned from technical educational courses such as computer engineering, Business analytics, separate courses of data science and computer science.
Data science is one of those technical skills in management that will help an organization make more precise and conclusive decisions, being able to measure progress, developing better products, mitigating risk and fraud, forecasting trends and changes.
Accounting
Next onto the list of Technical Skills in Management is Accounting. Accounting is a branch of finance which is related to the books of the business. The main things in accounting skills include the knowledge of preparing financial statements and having the knowledge about accounting softwares.
We live in a digital era, where accounting has also transformed into a digital much easier to understand software system. Accounting is not as much work as it used to be in earlier days where every detail had to be written and kept a record of. Now, softwares such as SAP is available which makes accounting extremely easy. Just keep in mind, easy does not mean you don’t need domain knowledge.
A person can learn Accounting in courses such as Bachelor in Commerce, Masters in Commerce, Bachelor in Business Administration, Masters in Business Administration and Course of Chartered Accounting.
A person with Accounting as their technical/hard skill offers a company to maintain their business records, prepare their financial statements, helps in tax matters and helps to evaluate the business.
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Microsoft Excel
MS – Excel is the most looked for skill in employees. Excel is a software that is used in more than 90% of the established firms. Microsoft Excel is a powerful software that companies use to represent and analyze data.
There is a course to study Excel in detail and also learn about the advanced option of excels, this course is Advanced Excel course. Advanced Excel includes data analysis options, excel queries, data consolidation, sort & filter, Pivot tables and charts, dashboard, form controls and many more options.
Microsoft Excel offers a variety of tools to summarize, organize and store data, which makes it an optimal software for business. Excel offers the following benefits to businesses,
- Easily store and recover data
- Use of mathematical formulas for large volume calculations
- Secured
- One stop information
- Analytical tools
- Create visual data
- Work anywhere with PC and mobile app connected
Software Development
Software development is a modeling, programmes and application based skill. Its not only related to making these things but also includes changing and improving on the existing ones.
Software developers have to make sure that they install upgrades in the existing softwares so that the software is up to date. For example, updating SAP to adapt to a new name or change in existing name and changing and adding the name to the SAP system automatically instead of manually.
Software developers are software engineers or people who have studied specific software courses. They have to make sure that the softwares they make for the organization is working properly, the page of the organization for customers provides a smooth experience.
In this list of Technical Skills in Management, software development is a powerful and unbounded skill. A person with software development skill offers personalized solutions to problems at work, they can provide and develop solutions of their own, they help build a security system, they are responsible for integrating work softwares which is easy to you and highly adaptable and most important, they help to optimize the organization’s working processes.
Domain Specific Skills
For every field, the technical skills in management differ. In a financial institution, they will require finance, marketing and HR specific skills, not production related skills. So deepening on the field and market, there are different technical skills in management.
Examples – Customer relation Management skill for Marketing, SAP for Production planning and control, accounts for finance, etc.
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FAQs
What is technical skills and examples?
A technical skill is a combination of knowledge and action. Where a person uses his knowledge and apply it to real life situations. Technical skills are also called hard skills.
Accounting, Excel and software development are few examples of Technical Skills in Management.
Is time management is technical skill?
No, Time management is not a technical skill, It’s a soft skill.
Final words
Nowadays, organizations look for someone with certain useful skills in their employees. The skills they look for is expertise in technical skills. The skills discussed above are the most common yet important technical skills in management. They are considered common because they are required everywhere and carry great importance for any firm. Now that you are aware about these skills, go and learn a few of them.
I hope this article about Technical Skills in Management was resourceful to you. If there are any doubts or suggestions, add them in the comment box below.