Why Companies Must Invest in Management Training
Almost every company has this, but have they invested enough? They might say that it is enough, but you’ll be wondering why no matter what kind of training you provide your management, it doesn’t seem to be working.
The relationship of the employee with her or his direct manager is actually the most important factor when it comes to employee engagement.
Employees that are engaged in work are more productive and happier with what they are doing. Disengaged employees tend to get more disruptive and are frustrated with their work. This is also one of the reasons why you see a lot of employees job hopping – going from one work to another, trying to find greener pastures. But what they were not seeing was the lack of management training.
Since there is no skill set that is widely agreed all over the world in regards to good management, there is this assumption that everyone has knowledge on how to properly do it. This is like assuming someone who never has driven a car before already knows how to drive one once you have given him the keys. Many companies do this, and they wonder why their management team doesn’t seem to be working quite well at first.
Sound management has covered the basics, which are open communication and feedback; clear objective setting, evaluation systems, etc. All of these are attained easily, but it seems companies tend to complicate them. You could see how the basics emotions of humanity can get twisted that a very easy job to do will get even more complicated than the already complex ones.
The young managers that you have hired in your company right now? They will become the future leaders for you in the not too distant future. And when your company is only starting out and you have just hired leaders rather than develop leaders on your own, why can’t you choose the latter instead?
A huge number of companies heavily invest training only at the top, but less you will find being spent on the middle or the bottom. You’ll be surprised that even if you need to train the higher echelons, you might be missing some things in the middle and bottom. It might give you greater impact in your business that only at this position will ever be solved.
Management can sometimes be uneven within the organization. You find the most outstanding ones, the normal ones and the incompetent ones that tend to do a lot of damage. When it comes to business, you might want to employ consistency. This is considered a good thing for your business.
Well trained and respected managers get to boost the morale of the team very easily. And when morale is boosted, retention gets boosted, too. And you know very well how it is very expensive to fire and hire people to be a part of your team.