You've likely heard the adage, “people don’t leave companies, they leave managers", and it holds true. The role of a manager has become more important than ever and yet a persistent challenge remains: the lack of adequate training for managers. This can be setting organizations up for disastrous consequences.

In honor of our upcoming Management Bootcamp, we’re going to shed light on the top skills and provide actionable insights for employers and managers to bridge the gap in managerial training, but first, let’s first take stock of our current standing:

The Managerial Training Gap: A Global Perspective

• According to Officevibe, 32% of employees wait more than 3 months to receive feedback from their manager, while 72% feel their manager could define clearer goals. Another 31% wish their managers would communicate with them more frequently.

• The Predictive Index Report reveals that nearly 30% of employees believe their manager lacks team-building skills, and 33% suspect favoritism.

• Gallup suggests that 70% of fluctuations in team engagement can be attributed to the manager.

These findings underscore the urgency of addressing the training gap for managers. So, what are the essential skills managers need to address these challenges and how can organizations help them acquire these skills?

Top Managerial Skills for 2024

1. Coaching Skills:
   Effective coaching is a cornerstone of successful management. Managers should be adept at identifying individual strengths and areas for improvement within their team members. Providing constructive feedback, setting clear goals, and fostering a growth mindset are essential components of effective coaching. To accomplish this, organizations can implement regular coaching sessions, workshops, and mentorship programs to enhance managerial coaching skills.

2. Motivational Leadership:
   Motivation is a driving force behind team productivity and success. A good manager understands the diverse motivations of their team members and tailors strategies to inspire and engage each individual. Recognition, meaningful feedback, and opportunities for professional growth are powerful tools in a manager's motivational toolkit. Encourage managers to understand the unique aspirations and ambitions of their team members and align them with organizational goals.

3. Empathy in Management:
   Empathy is a key trait that fosters a positive employer-manager relationship. Managers need to understand the challenges and concerns of their team members, creating a supportive and inclusive work environment. Promote empathy through training programs that focus on active listening, open communication, and creating a culture of psychological safety. When managers prioritize empathy, they build trust and strengthen their connection with their teams.

4. Effective Team Management:
   The ability to manage teams efficiently is a fundamental skill for any manager. This involves not only setting clear expectations but also creating a collaborative and cohesive work environment. Managers should encourage open communication, delegate responsibilities effectively, and resolve conflicts promptly. Training programs on effective communication, conflict resolution, and team-building exercises can significantly enhance a manager's team management skills.

5. Continuous Learning and Adaptability:
   Adaptability and a commitment to continuous learning are indispensable. Managers should be proactive in staying updated on industry trends, technological advancements, and management best practices. Encourage a culture of continuous learning within the organization through workshops, online courses, and mentorship opportunities.

The employer-manager relationship is the linchpin of organizational success. The skills outlined—coaching, motivational leadership, empathy, effective team management, and a commitment to continuous learning—form the foundation of successful management in 2024. For employers, it is crucial to invest in comprehensive training programs that address these skills, ensuring that their managers are equipped to navigate the complexities of contemporary management.

Remember, effective management is not only about achieving short-term goals but also about cultivating a workplace where teams thrive, resulting in long-term success for the organization.

At Grey Owl HR, we recognize the vital role of effective management in organizational success. Through our tailored fractional HR service, we offer specialized management training programs to address the training gap. Don't let inadequate training hinder your organization's growth—elevate your management team, enhance the employer-manager relationship, and set the stage for sustained success. Contact us today learn more about our comprehensive training solutions.

But don’t stop there!

Join us at our Management Essentials Bootcamp: An intensive workshop where we’ll delve into everything from self-discovery to effective employee management. This intensive workshop is designed to hone leadership skills, enhance team management capabilities, and nurture a culture of excellence within your organization. Don't miss this amazing opportunity—secure your seats now and leave with actionable takeaways you can implement immediately!