How to Develop Your Management Style and Assemble the Best Team

Entrepreneur and CultureIQ are searching for the top high-performing cultures to be featured on our annual list. Think your company has what it takes? Click here to get started.
In his book Fueled by Failure, entrepreneur and philanthropist Jeremy Bloom shows readers how rebound and reprogram themselves after defeat and how to use the lessons from those failures to achieve winning results. In this edited excerpt, the author offers tips on developing your management skills and finding the right employees for your business.
When it comes to managing your team, should you choose top-down or bottom-up management? Top-down management, as the name might imply, means that everything starts at the top and works its way down to the next level of managers, then down to the team. While this style has been effective in some industries, utilizing a single vision and pushing it downward through the ranks can also alienate people on your team who don’t feel they have a say in how things get done. Top-down can also lead to a lack of motivation among employees because they don’t feel enough ownership or input in their work and the goals of the company, which usually reduces productivity.
One reason the bottom-up approach to management is growing in popularity is because people naturally like to feel that their opinions are heard and valued. In such environments, team members feel more connected to the company’s mission and empowered to help influence outcomes rather than blame management for the inefficiencies inside the business. As a business leader, I try to follow a management style that's fully transparent, bottom-up, and respectful of all involved.

The Keys to Building a Strong Team

No matter what positions you need to fill, you want to build a team of future leaders. Laszlo Bock, senior vice president of people operations (essentially, HR) at Google, says it’s important to look for leadership qualities from the start. This means choosing someone who can, when necessary, step in and lead. People with the ability to take charge when necessary are valued most in a leadership culture. Read More