While many organizations prioritize leadership development at the executive level, manager development is often overlooked. A strong manager development program can be a game-changer for organizations striving to retain top talent, increase productivity, and create a positive work environment.
Here’s why investing in manager development should be a priority and how HR providers can help.
Manager Development Research
Great managers are extremely important to the success of any organization. Research shows that employees who work with knowledgeable and experienced managers are more engaged, productive, and loyal to their companies. When managers lack the skills they need to lead effectively, it can lead to high turnover, low morale, and reduced productivity. By investing in manager development, companies are not only enhancing leadership skills but also investing in the future of the company.
Management Skills to Focus On
When developing leadership skills that lead to effective leadership, some areas that need specific attention on are:
Emotional Intelligence: Teaching managers to recognize, understand, and manage their emotions and those of their team.
Communication: Effective communication is crucial for setting expectations, providing feedback, and building trust.
Coaching and Mentoring: Managers who can coach and mentor help employees reach their potential and grow within the company.
Conflict Resolution: Addressing issues proactively and fairly to prevent escalation.
Time Management and Delegation: Efficiently prioritize tasks and trust team members with responsibilities.
Employee Retention Benefits
You've probably heard the phrase, "employees leave managers, not companies." A well supported manager can prevent turnover by addressing issues early, promoting a healthy work environment, and providing growth opportunities. Manager development programs help managers create a workplace where employees feel valued, supported, and motivated to stay.
How to Build a Manager Development Program
Developing a successful program requires a strategic approach. HR providers can guide organizations by focusing on these steps:
Assess Needs: Use surveys, feedback, and performance data to understand where they need support.
Create Training Plans: Create programs for specific departments, company values, and industry needs.
Offer Continuous Learning Opportunities: Create a learning environment by offering regular workshops, online courses, and access to industry resources.
Measure Progress: Track development efforts through surveys, productivity data, and retention rates to ensure the program’s effectiveness.
How HR Providers Can Help
HR providers are critical in offering expertise, resources, and support for training managers. By partnering with an HR provider, organizations can access training programs, assessment tools, and experienced coaches that help managers reach their potential. HR providers can also introduce new learning technologies, like virtual simulations to make training interactive and engaging!
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