Missing Leaders in Companies: The Importance of Manager Development

In today’s competitive business environment, the lack of effective leaders in companies is a common problem. In this article, we will focus on statistics that highlight the shortage of leaders in companies, the impact of poor leadership on employee turnover, and explain why it is important for managers to invest in their education and development to transform into leaders.

Lack of Effective Leaders

Research conducted by Deloitte has shown that up to 95% of Czech and Slovak respondents consider leadership as a key component for the success and development of organizations. This research also identified too many changes and a lack of required skills as the biggest obstacles to the effectiveness and contribution of leaders. Additionally, a study conducted by Development Dimensions International (DDI) found that up to 57% of employees who left their jobs cited their immediate supervisor as the main reason for their departure.

The quality of leadership and the ability of superiors to lead and motivate their teams are therefore important factors in retaining employees within a company and achieving success.

The Importance of Manager Education

Educational courses for managers focus on developing key leadership skills such as strategic thinking, communication, team management, and decision-making. Improving these skills allows managers to better lead their teams, retain and motivate employees, and achieve organizational goals.

Previously, a leader was defined based on their position and the number of subordinates. However, nowadays, a leader is anyone who can motivate colleagues and create an environment for rapid learning and experimentation with new approaches. A leader becomes a facilitator and mentor, and decision-making and problem-solving become team efforts regardless of hierarchy or organizational structure.

What Makes a Manager a Successful Leader?

We will focus on key qualities and skills that will help you become a better leader in your work environment. Whether you already hold a leadership position or are preparing for one, these principles can help you develop as a leader and achieve success.

Communication Skills

Be able to listen and understand the needs of your team members. Create clear and understandable messages, be open and approachable for dialogue and constructive feedback. Communicate information and expectations clearly and in a timely manner to ensure your people feel informed and engaged.

Vision and Inspiration

Define your goals and envision where you want to lead your team or organization. Be an inspiration to others by sharing your enthusiasm and passion for achieving common objectives.

Emotional Intelligence and Empathy

Be sensitive to the emotions and situations of your people and show understanding and support. Emotional intelligence will help you effectively respond to conflicts, manage stress, and create a positive work environment.

Delegation and Team Development

As a leader, you should be able to delegate tasks and trust your team members. Identify their strengths and abilities and assign them appropriate responsibilities. Various statistics indicate that teams who are allowed to develop their skills and take on greater responsibility achieve higher productivity and better results.

According to a Gallup survey from 2022, only 22% of employees reported that their superior trusts them and delegates responsibilities to them. However, it has been shown that employees who perceive a higher level of trust and delegation are more likely to be highly engaged and satisfied with their work.

Development and Learning

Be open to new approaches, read professional literature, attend further training, and seek mentors who can provide valuable advice and experiences.

TIP! Support your development by enrolling in one of our professional courses! At EDU Effective, our professional courses are conducted completely online using the microlearning approach that allows you to study in the 15-minute-long blocks. Check out our Effective MBA courses.

Decision-Making and Problem-Solving

The ability of leaders to think critically, analyze information, and seek effective solutions is crucial. Successful leaders employ strategies such as seeking alternative solutions, consulting with their team, and weighing risks and benefits before making decisions. This approach to decision-making and problem-solving aims to achieve the best results for the team and the organization.

Motivation and Support

An important aspect of leadership is the ability to motivate your team and provide them with the necessary support. There is a vast number of research and studies that indicate the importance of these factors in a managerial role. A leader who focuses on motivating and supporting the team can achieve increased employee engagement, productivity, and satisfaction.

Professional Education with EDU Effective

We are ready to help you develop your skills and offer a wide range of professional educational courses in leadership, management, marketing, HR, and more. Our educational institution, EDU Effective, provides quality professional Effective MBA, Effective MSc., Effective MPA and Effective LL.M. courses starting at 695 EUR, of which 25 EUR is donated to charitable organizations of your choice. Enroll now!

Managers who actively participate in their education and development have a greater chance of becoming strong leaders who can guide their teams to collective success. Becoming a better leader requires continuous work on developing your own skills and qualities. Remember that leadership abilities can be developed and enhanced through education, practice, and self-reflection.