The Management Blog
Tips & advice to help you improve your performance
Why was management invented?
That seems a strange question, doesn’t it? Surely management isn’t an invention! Surely it developed in response to industrial needs and was built over a period of time!
When asked to discuss the parameters managers use to assess their own and their department’s performance, the term ROI is often mentioned.
While the returns on investment are critical to the success of any department, there is another measurement we sometimes fail to take into consideration.
Yet it is one facet of our business that, if overlooked, can have a far-reaching effect on the results we achieve and the potential for future growth.
When managers attend our training programmes, we often ask the question, “In the last year, how many CDs on management have you listened to, how many DVDs on management have you watched, how many YouTube videos on management have you researched, how many TED talks have you downloaded, how many podcasts have you listened to on management, how many books on management or leadership have you read and how many articles have you saved on leadership or management?”
If I were to ask what was the biggest challenge facing you as a manager today, many replies would cover the inability to attract, retain and maintain talented individuals to their teams.
Ask yourself if the strategies you are currently employing are enabling your most talented individuals to build a career platform with you.
So much is being written about the 2020’s that sometimes we lose track of what’s going on in the present.
But it’s good to think ahead because it gives us a chance to build the skills we need to deal with the massive changes that are happening all around us, and become more creative in how we handle them.
The working world is moving at such a fast pace, that managers have a hard time staying abreast of all the new trends.
From millennials entering the workforce, technological advances that have led to globalisation and artificial intelligence, it’s vital to look ahead and anticipate the skills you will need in the next 5-10 years to stay competitive in your field.
Innovation is part of the working world and managers must keep up with trends that can affect their business.
Whether it is a new technology, an industry fad or a new law, keeping up with the times helps managers be effective leaders, offer the best services to their clients and present the best working environments to their employees.
It is never too early to start honing your management skills.
Even if you are just starting out in your career, you should focus on establishing credibility and leadership skills to show your boss that you are a natural born leader.