A manager needs to handle a number of challenges around managing people, performance and career. A good manager understands his team, his peers and his organization very well and allocates right amount of time in managing each of them. A manager contributes to the organization by delivering results through his team members and by growing his team members to be managers and leaders in the long term. As a manager, you should be aware of the challenges you face and skills you need to overcome them. People are your biggest asset and you need to use and groom them well. As a manager, you should learn to handle these 5 challenges well: