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Why you should invest in management development

 

May 23, 2019

A business is only as good as its team and its managers. From SMEs to large multinationals, having a group of effective managers is the key to success. Managers in the workplace are the most important factor in ensuring continued employee engagement, motivation, staff retention and productivity. This is something that can’t be emphasised enough, one of the top reasons given for leaving by departing staff is that they don’t get on with their manager.

So, how can you inspire your management team to learn how to motivate and inspire their staff whilst navigating challenging and difficult situations? Invest in a management development programme! Yes, there is an initial outlay, but the results that you will gain by providing your team with the opportunity to develop their skills is an investment that will take your business from strength to strength.

Save time and money

Investing in your managers means that you invest in your profits. Richard Branson once wrote “Train people well enough so they can leave, treat them well enough so they don’t want to.” Struggling managers are more likely to lose their company money and are also more likely to leave their position. Whether it is from having poor interpersonal skills or a lack of confidence, a manager who is floundering will have a knock-on effect on the success of your business.

A well delivered management development programme should provide delegates with the opportunity to develop their skills both inside the classroom and in the workplace. Learning skills such as time management and SMART target setting will enable your management team to motivate the rest of your workforce.

Improve your turnover and profit

It stands to reason that if your team is being managed effectively, they will begin to work more efficiently. A manager who is confident, efficient, organised, and approachable will ultimately raise the morale of the team that they are leading.

Good management reduces staff absences. If staff are happy, unstressed and well managed, they are far less likely to call in sick. Management development programmes teach participants how to navigate employment law, communicate more effectively and manage team members who may have high levels of absence or who may be approaching capability proceedings.

Book a place on our course

Our Management Development Programme is run by HR professionals with decades of experience with some of the world’s leading organisations. Spread over 7 months, we help managers develop their skills both in the classroom and in the workplace. Dakota Blue’s training courses always receive excellent feedback and we regularly receive requests for further training sessions.

There is always a high demand for delegate places, so book your management team on today to avoid disappointment and take advantage of the Early Bird discount. Find out more in our full brochure.