Many business leaders know their employees are important, but they often overlook how their own people management skills can have an even bigger impact than their employees’ raw talent. Practicing good people management is crucial for organizational success. It involves creating a positive work environment, boosting productivity, and encouraging innovation. Key components include recruiting the right talent, providing training and development, setting clear expectations, engaging employees, resolving conflicts, offering competitive pay and benefits, and strong leadership. Effective people management ensures employees are happy, efficient, and committed, leading to the overall success and growth of the organization.