Are Poor Management Skills Impacting Your Business Performance?
Management skills can often be overlooked as organisations focus on “leadership”, but it is equally important to ensure teams are operationally competent and productive for a business to achieve its desired growth goals. Equally, the importance of Managing risk is increasingly one of the biggest challenges for leadership teams. Despite this a staggering 94% of directors don’t believe their board is effective at managing risk.
Managers are responsible for making sure that things are done properly. And while leaders may bring us vision, inspiration and challenge, these things count for nothing without the efficient implementation brought by good management.
To be a great manager, you must have an extensive set of skills – from planning and delegation to communication and motivation to coaching and development to operational delivery and quality execution. Because the skill set is so wide, it’s tempting to build skills in the areas of management that you’re already comfortable with. But, for your long-term success, it’s wise to challenge yourself to improve in all areas.
Our business management training programs have been developed by successful business leaders with decades of experience in successfully managing businesses to commercial success.
Learn How To Be A Great Manager
Apart from an obvious increase in staff turnover, there are other significant impacts to a business where there is a lack of quality management. In turn, this has an impact on business profits, damage to company reputation through things like low ratings on Glassdoor and in some cases leads to business failure.
What you’ll Gain by properly managing and developing your team:
✔ Happier employees and customers
✔ Increased productivity
✔ Increased motivation
✔ Decreased absenteeism
LION Meetings
True Colours
Positional Contracts
Learn How To Manage Risks
One the biggest challenges lies in the fact that managing risk is counterintuitive to the positive, “can do” culture that most leadership teams try to instil in their teams as a means of delivering their strategy. Linked to this most leaders are reluctant to divert scarce resources to “hypothetical” scenarios, many of which might be beyond the organisation’s control e.g. pandemic.
Managers often struggle to rationalise the need to spend valuable time identifying the risks to the same growth strategies that they painstakingly formulated.
What you’ll Gain by properly managing risks:
Having recognised the need to manage risk better, the next challenge for leadership teams is how best to address the issue. Invariably there is no “one size fits all” approach. Different threats will require different analytical approaches, which is why you’ll learn all about:
✔ Stress testing different strategic or operational assumptions
✔ Scenario planning
✔ Longer-range assumptions
✔ Wargaming to assess the business’s vulnerability to disruptive technologies or changes in competitors’ strategies
Risk Impact vs Probability Modelling
GAP Analysis
Soft Systems Methodology
Why Not Try Our Milestone Survey
Understand what stage your business is currently at, and get a bespoke report that will help you take it to the next level!
As businesses grow, they invariably face some very specific challenges. Understanding how best to address them, in what order, whilst also identifying the opportunities associated with these challenges is a critical part of unlocking your business’ true potential.
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Having helped 1000s of businesses and leadership teams, we think they’re best placed to tell you about the impact we’ve had…
At Chalkhill Blue we are passionate about helping entrepreneurs and business owners maximise their organisational productivity and competencies, whilst minimising the impact of challenges on earnings, productivity, teams and customers.
Our experienced business management experts offer business management training programs including enterprise risk management training as well as an entrepreneur management course.
Complete the form below to request a free, no-obligation call to find out how we can help you drastically improve your team’s performance.