My greatest challenge has been to back away from the technical role and respond as a manager. There are challenges in allowing others to 'do the work,' to allow others to follow their own methodology for solving problems, as well as keeping the communication channels open. I have learned that everyone has a unique contribution to make and the only way they can develop is to be allowed to demonstrate their abilities. Don't expect special favors or special treatment. I believe anyone can accomplish anything they set their mind to.
Engineering is a very exciting and valuable business.
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