Managers are a key component to increased productivity and company success. They not only set goals and a vision for their employees, but they also offer structure to the company. If a manager lacks in any areas such as organizing, delegating, or mentoring, it can hurt the productivity, efficiency, and engagement of their team. Furthermore, it can also negatively affect the overall development of employees and the business.
According to an article in Forbes, “The ability of your company to be agile, to change direction when the market requires it to and ultimately to succeed is dependent not just on your product but also on your people – and the people who play the biggest role in either helping your people thrive or crushing their motivation for work are your managers. According to 2015 Gallup research, 70% of the variance in a team's engagement depends on the manager.”
Companies offer training for employees in a variety of roles and functions, but there is typically no formal training for management. While high performing employees are sometimes identified as potential managers and mentored for future roles, most of the time employees are promoted into positions with little training.
Below are a few ways to train managers for optimum performance.
- Skills development: Managers may be highly-skilled performers with regard to the job functions of their team, but in order to serve as a strong manager, someone needs good communication skills, effective decision-making skills, and have the ability to set goals and coach other employees.
- Collaboration: Collaboration is important for fostering teamwork and developing a strong understanding of employees’ capabilities. It is also a great way to mentor employees identified as potential future managers. Collaboration supports employee engagement, offering important time with the boss to learn and feel valued.
- Business Planning: Every successful business has a solid business plan. This is important for departments and teams as well. Managers should understand how to put together a budget and develop short- and long-term goals. Planning also allows managers to determine opportunities for growth or realignment with existing employees and areas of need which informs talent development and recruitment.
Businesses with a focus on succession planning and training strategies for managers are ripe for growth. Strong, effective managers result in strong, committed, high-performing teams.
Contact us today to learn more or click here to schedule a demo to find out how your business can benefit from our industry-leading, modern approach to performance management and development.