Why is investing in management training important for an organization? There’s more to it than a simple answer of professional development, talent management or knowledge acquisition. Having effective leaders and managers is one of the most critical components to long-term organizational success. Good or bad managers can affect employee retention, engagement, quality of service and, ultimately, revenue.
Most people agree that developing employees is important, but proving the value of these initiatives to executives can be challenging. One of the most common objections to leadership development is “aren’t all of these skills just inherent and intuitive?” Or “can’t people just learn these skills on the job?” While many effective management skills are intuitive and simple, the execution of these skills can be quite difficult. And learning leadership skills without structure and guidance is often a recipe for bad habits. Management training takes time, resources and money, so why should your boss invest in it? Stated another way, what are the benefits of developing practical skills among your company’s managers?Read More