Studies show 70% of an employee’s motivation is influenced by their manager, indicating that managers with the lack of formal training or preparation will directly effect organisations and their managerial effectiveness. This underscores the need for organisations to reassess their training practises in today’s rapidly changing corporate landscape.
In this blog, we'll explore why investing in manager training is more crucial than ever.
According to John Mullally, Managing Director of Robert Walters Hong Kong, there is a notable trend of people being promoted to management positions without formal training.
"There has always been a history of people being promoted to management positions without formal training," Mullally notes. "However, this trend appears to be more prominent in recent times due to businesses being forced to reduce headcount, thrusting subject matter experts into management roles to fill gaps."
He adds, "Workplaces have not fully adapted to the needs of a post-pandemic, hybrid workforce and the incorporation of a new generation into the workforce."
This statement underscores the pressing need for organisations to reconsider how they approach manager training and development in the modern work environment.
Historically, managers were often promoted because they excelled in their specific fields. However, businesses now need to reconsider whether these individuals possess the ability to effectively manage people and get the most out of their teams.
The role of a manager has evolved and become more demanding, making it crucial for organisations to provide adequate training and support to enable managers to navigate these complexities successfully.
Today's managers face a myriad of challenges that require a well-rounded set of skills:
Given these complexities, it becomes apparent that training managers effectively is more important than ever. Yet, many organisations lack the experience and resources to adequately prepare their managers for these challenges.
Before promoting someone into a managerial role, it's essential to consider the impact a manager can have on an organisation. According to further research by Robert Walters, when asked about workplace culture, 43% of employees said poor leadership would be the number one reason they would leave a role.
To avoid this, consider the following before making a promotion:
Failing to provide managers with any formal training sets them up for failure—ultimately causing the company to lose out as employee turnover rises and business productivity decreases.
Managers are one of the primary reasons your employees will stay or leave an organisation. Companies need to do everything they can to provide training and support to ensure that their managers are the absolute best to work with and for.
As the nature of work continues to evolve, so too must the support and development provided to managers. Investing in robust training programs not only prepares managers to tackle contemporary challenges but also contributes to a healthier, more productive workplace.
By focusing on this critical area, organisations can:
Enhance managerial effectiveness: Equip managers with the skills and knowledge they need to lead effectively.
Retain top talent: Reduce employee turnover by creating a positive work environment led by competent managers.
Drive long-term success: Foster a culture of continuous improvement and innovation, ultimately leading to sustained business growth.
By taking these steps, organisations can empower their managers to lead effectively, create a positive workplace culture, and ultimately drive success.
To learn more about how you can improve your hiring strategy and enhance managerial effectiveness, check out our hiring advice and elevate your organisation's performance today.
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