News: Performance Management
Development: Firms urged to invest in management skills
12 December 2008
While many companies invest in the development of leadership skills among their managers, many fail to instil the essential skills in their team, it is claimed.
Michael H Shenkman, writing for online resource Manage Smarter, asserts that management training must go beyond improving production skills and performance.
In the current economic climate particularly, "we need leaders who strive not for efficiency of operation, but who offer, demonstrate and demand a commitment to excellence in all aspects of their organisational lives", he claims.
However, Dr Shenkman argues that for a company to succeed in the development of such exemplary leaders, the bosses must be willing to invest.
Last month, Jo Causon, the director of marketing and corporate affairs at the Chartered Management Institute said management training is vital to help firms in the development of "strong but fair" leaders.
She made her comments following research which argued seven in ten managers are not equipped to deal with workplace bullying.
