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Monday, October 19, 2026

Law in the Marketplace: What makes a good manager? - Concord Monitor

Here’s a question that every New Hampshire business manager should ask and answer as sincerely and astutely as possible: “What makes a manager a good manager?”

I’m no expert about management science, but I’ve read a lot about it, and, in my decades of practicing tax and business law, I’ve worked closely with hundreds of business managers in New Hampshire and other states. Many of these managers have been excellent. A few have been awful. On the basis of my study and experience, I suggest that good managers generally have these main characteristics.

1.Business knowledge. Good managers have a deep knowledge of their business, including knowledge about their competitors and about coming changes in their business environments. And they constantly update this knowledge.

2.Goal setting. Good managers are good at setting appropriate short- and long-term goals for their companies and their employees.

3.Accounting and tax knowledge. Although only a few of the good managers I’ve dealt over the years have been experts in finance or accounting, all of them have had a solid basic knowledge of these fields and of how they apply to their companies.

4.Expertise in hiring and using their employees. When they hire employees, good managers have a clear idea of what they want from them and how to evaluate them. Obviously, they want them to have the right business expertise. But once, when I asked the head of a large private school with whom I was working what quality he looked for above all...



Read Full Story: https://www.concordmonitor.com/Law-in-the-Marketplace-45003608