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What are some common mistakes made in Management Development?
Home » Executive Coaching » Management Development » What are some common mistakes made in Management Development?Too often, companies are reluctant to “cut the cord” if they feel they have invested too much training in an individual, even though significant signs are appearing that he or she is not up to the task of manager. As a result, they go into “salvage mode,” and this often gets them into trouble. While it is never easy to start at ground zero again, the best alternative is to find another area of the organization where the person’s skill set fits better. In the long run, it is the wisest choice.
Another mistake organizations make is to simply promote employees based on how good they are in their current jobs. Management is an entirely different job, however. Be sure to look at the person’s potential, not simply where they are now, and see if it fits the requirements for an effective manager.
Finally, many companies fail to fund the necessary training to develop successful managers. Some things can only be taught by professionals. Outside training, while sometimes criticized, is one of the strongest mechanisms available to employers today. The ability to network, get outside the office and learn from some of the industry’s brightest minds not only does wonders for the trainee, but it also reinforces the company’s commitment to him or her. Sadly, however, the price tag of outside training often scares many companies away. Going cheap will never win you anything, though.
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