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How the Employer Benefits From Developing Management Skills of Their Employees

How the Employer Benefits From Developing Management Skills of Their Employees

On an individual level, people that aspire to climb up the corporate ladder and eventually fall into a management role should be aiming to get an early start on developing those skills. By doing this, it will make those individuals more appealing to the companies that are looking to promote internally.

Once hired, the responsibility falls on the employer to ensure that the management skills of their employees are being developed so they are able to receive the benefits that promoting internally for management positions can bring.

A Mutually Beneficial Relationship

The act of an employer seeking to develop management skills in their employees makes way for a mutually beneficial developmental relationship. Although the employee is hired with the specific skill-set that employer is looking for, the duties and responsibilities will change for the employee over time. The employee should be expected to be able to change, learn, and adapt to their new roles as they continue their career within the company.

On the other side of things, the employee will be receiving experience and training from the employer as they learn these new skills. This enables them to continue to improve their overall skill-set as a whole. They can then use these newly learned skills to increase their production and become a more valuable asset to their company for any future position they are aiming for.

One of the ways the employer can provide this type of experience to their employees is by teaching them management skills. By developing their management skills, they will prepare them to fill future management positions within the company down the road. This is how investing in a company’s staff in the short term can benefit the employer in the long-term.

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Investing In The Employees Is An Investment In The Company

When an employer invests time developing the management skills of their employees, it is a long-term investment in themselves. It is something that will not only pay off in the short-term as it will also pay dividends in the long-term.

When it comes time to fill those upper management roles, you, as the employer, will have candidates that are already familiar with your company and have had years of experience being trained for these exact positions.

Investing In The Employees Is An Investment In The Company

    From the employee’s perspective, gaining management skills on the job provides them with a career that will not turn into a dead-end job for them. Even if they are not able to land a high position within their company, they can at least take their skills elsewhere when it comes time to advance their career. If you want to keep your best-performing employees, they have to be able to see that their future will be bright with opportunity if they stay within the company.

    The Downsides Of Not Developing Management Skills

    There are many downsides in not developing the management skills of your employees. By not doing this, you should expect to see poor leadership from your employees, you will be forced to fill management positions from outside of the company, and your staff will not feel responsible when their fellow coworkers are under-performing.

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    Poor Leadership Throughout The Office

    Teaching good leadership qualities throughout your company is the foundation of any successful business.[1] If you want to get the most out of your employees, you need not only good leadership from upper management, but you also need employees that are able to provide leadership amongst themselves.

    If you fail to pass these management skills down to your lower-level employees, it will have a negative effect on the overall efficiency in production that you see from your staff. This is how failing to develop the management skills of your employees can come back to bite you.

    The Downsides Of Not Developing Management Skills

      You Will Be Forced To Hire Outside Of The Company

      When it comes time to fill new management roles as they become available, being able to promote from within your company is the most effective way to continue your business operations without any hiccups. If you do not prepare your employees to take over these positions, you will be forced to hire outside of the company. When you do this, you will have to endure problems that will inevitably occur because of the unfamiliarity that these outsiders have with your company.

      Your Staff Won’t Take Responsibility For Others

      If one employee is slacking, they may be able to fly under the radar and avoid detection from management. When management doesn’t catch things like this, it only encourages that behavior even more. When you give more responsibility to your employees, they will be more likely to police their coworkers and ensure that this does not happen.

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      Key Areas To Focus On When Developing Management Skills

      As you teach employees the good qualities of a leader, there are the four important areas that you should focus on. These will provide a great foundation for the employee so that they will be prepared to take over their management role when the time comes.

      Expose Them To Networking Events

      Take your employees along with you in networking events. For a new employee, these events may seem intimidating. By exposing them early on, they will feel a lot more comfortable once they are left in charge to do networking themselves. Teach them how to connect with strangers and the benefits that come with networking.

      Diversify Their Experience

      Give them experience and good leadership skills outside of their skill-set.[2] A good manager should have experience in all areas of the company. Make sure they are gaining experience outside of what their specific job duties expose them to.

      Key Areas To Focus On When Developing Management Skills

        Put Them In Difficult Situations

        When they are faced with difficult situations, placing them in difficult situations will teach them how to better handle them in the future. Instead of walking them through a problem, try to guide them in the direction that will help them solve it on their own. These are valuable problem-solving skills that they will need when others start coming to them for help.

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        Mentor Them

        Allow your current management to mentor individual employees one-on-one. This will help give employees a unique look into what it takes to have this type of position. It gives them an opportunity to decide if becoming a manager is something that they want to pursue for their future.

        Final Takeaways

        The best way to prepare your company for the future is to prepare your employees to be a part of that future. Providing them with the skills they will need to advance within your company will help you retain your best-performing employees and it will set your company up to add experienced leaders to your team.

        Featured photo credit: Huffington Post via huffingtonpost.com

        Reference

        [1]https://medium.com/@anand.mishra/how-to-become-a-better-leader-workplace-dos-and-don-ts-da6b8d207ee8#.94366pvwi
        [2]https://www.behance.net/gallery/41401515/Without-These-Skills-You-CANNOT-Be-an-Effective-Leader

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        Last Updated on August 7, 2018

        10 Famous Failures to Success Stories That Will Inspire You to Carry On

        10 Famous Failures to Success Stories That Will Inspire You to Carry On

        Failure occurs everyday, in school, jobs, housework, and within families. It is unavoidable, irritating and causes pessimism.

        While the thought of flinging your hands in the air and walking away is all too appealing, take a second to connect with the people who have been there and survived.

        Here are 10 famous failures to success stories around the world that will inspire you to keep going and achieve greatness:

        1. J.K. Rowling

        J.K.-Rowling

          During a Harvard commencement speech, Harry Potter author J.K. Rowling outlined the importance and value of failure.[1]

          Why? Simply because she was once a failure too.

          A few short years after her graduation from college, her worst nightmares were realized. In her words,

          “I had failed on an epic scale. An exceptionally short-lived marriage had imploded, and I was jobless, a lone parent, and as poor as it is possible to be in modern Britain, without being homeless. The fears that my parents had had for me, and that I had had for myself, had both come to pass, and by every usual standard, I was the biggest failure I knew.”

          Coming out of this failure stronger and more determined was the key to her success.

          2. Steve Jobs

          steve-jobs-31

            The now revolutionary Apple started off with two men in a garage. Years later we all know it as a $2 billion company with over 4000 employees.

            Yet, almost unbelievably, Steve Jobs was fired from the very company he began.

            The dismissal made him realize that his passion for his work exceeded the disappointment of failure. Further ventures such as NeXT and Pixar eventually led Jobs back to the CEO position at AppleJobs said in 2005:

            “I didn’t see it then, but it turned out that getting fired from Apple was the best thing that could have ever happened to me.”

            Lost your job today? Keep kicking and you could be just like this guy!

            3. Bill Gates
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              Bill Gates was a Harvard dropout. He co-owned a business called Traf-O-Data, which was a true failure.[2]

              However, skill and a passion for computer programming turned this failure into the pioneer of famous software company Microsoft, and the then 31-year-old into the world’s youngest self-made billionaire.

              In his own words:

              “It’s fine to celebrate success but it is more important to heed the lessons of failure.”

              This isn’t to say that dropping out of Harvard will make you into a billionaire, but maybe that shiny degree isn’t worth as much as the drive and passion to succeed.

              4. Albert Einstein
              0

                The word ‘Einstein’ is associated with intelligence and synonymous with genius. Yet it is a famous fact that the pioneer of the theory of general relativity, Albert Einstein himself, could not speak fluently until the age of nine. His rebellious nature led to expulsion from school, and he was refused admittance to the Zurich Polytechnic School.

                His earlier setbacks did not stop him from winning the Nobel Prize in Physics in 1921. After all, he believed that:

                “Success is failure in progress.”

                To this day, his research has influenced various aspects of life including culture, religion, art, and even late night TV.

                Just because you haven’t achieved anything great yet, doesn’t mean you can’t be an Einstein yourself.

                5. Abraham Lincoln

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                1278318874_d94c606404

                  Failing in business in 1831, suffering a nervous breakdown in 1836, defeated in his run for president in 1856, Abraham Lincoln was no stranger to rejection and failure. Rather than taking these signs as a motivation for surrender, he refused to stop trying his best.

                  In this great man’s words:

                  “My great concern is not whether you have failed, but whether you are content with your failure.”

                  Lincoln was elected in 1861 as the 16th President of the United States of America.

                  The amount of rejection you receive is not a defining factor. Success is still within your reach.

                  6. Michael Jordan

                  a183

                    “I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.”

                    This quote by retired basketball legend Michael Jordan in a Nike advertisement speaks for itself.

                    It would be an easy misconception that Jordan’s basketball skills revolve around natural talent. In fact, in his earlier years,  basketball coaches had trouble looking past the fact that Jordan didn’t reach the minimum height. It was years of effort, practice, and failure that made the star we know today.

                    7. Steven Spielberg

                    217307-steven-spielberg

                      Regarded as one of the most influential filmmakers of all time, Steven Spielberg is a familiar household name. It is surprising to realize therefore that the genius behind Jaws and E.T. had poor grades in high school, getting him rejected from the University of Southern California three times.

                      While he was in college, he caught the eye of executives at Universal, who signed him as a television director in 1969. This meant that he would not finish his college degree for another 33 years.

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                      Perseverance and acceptance of failure is the key to success, after all.

                      “Even though I get older, what I do never gets old, and that’s what I think keeps me hungry.”

                      Bad grades in high school aside, there is no questioning the genius involved.

                      To date, Spielberg has directed 51 films and has been awarded three Oscars.

                      8. Walt Disney

                      waltdisneymickeymo_2703112b

                        Mickey Mouse creator Walt Disney dropped out of school at a young age in a failed attempt at joining the army.[3] One of his earlier ventures, Laugh-o-Gram Studios, went bankrupt due to his lack of ability to run a successful business. He was once fired from a Missouri newspaper for “not being creative enough.”

                        Yet today, The genius behind Disney studios is responsible for generations of childhood memories and dreams. From Snow White to Frozen, Disney will continue to entertain the world for generations to come.

                        The logic behind this is simple:

                        “We don’t look backwards for very long. We keep moving forward, opening up new doors, and doing new things, because we’re curious… and curiosity keeps leading us down new paths.”

                        9. Vincent Van Gogh
                        vincent_van_gogh

                          During his lifetime, Vincent Van Gogh suffered mental illness, failed relationships, and committed suicide at the age of 37.

                          He only ever sold one painting in his life, pinning him a failure as an artist. However that did not put a damper on his enthusiasm and passion for art.

                          He would never know that years and years after his death he would become known as a key figure in the world of post-impressionism, and ultimately, one of the greatest artist that ever lived.

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                          He would never know that he became a hot topic in art classes and his image was going to be used in TV, books and other forms of popular culture.

                          In the words of this great, but tragic man:

                          “If you hear a voice within you say ‘you cannot paint,’ then by all means paint, and that voice will be silenced.”

                          10. Stephen King

                          01-Stephen-King-Rags-to-Riches-Celebs-1

                            As a paranoid, troubled child, tormented by nightmares and raised in poverty, it is no surprise that Stephen King grew up to the title: “Master of Horror”.[4]

                            An addiction to drugs and alcohol were his mechanisms to cope with the unhappiness he felt with his life. The frustration he felt towards multiple rejections by publishers in combination with illicit substances caused him to mentally contemplate violence towards his own children.

                            These intense emotions were those that he focused onto his writing. And that’s why he said:

                            “We make up horros to help us cope with the real ones.”

                            Writing became his new coping mechanism, and this is how the master author we know today grew to success.

                            Fail more often in order to succeed

                            Like Albert Einstein said, failure really is just success in progress. If you’d rather not to fail, you will probably never succeed.

                            Success comes from moments of frustrations when you’ll be most uncomfortable with. But after you’ve gone through all those bitter times, you’ll become stronger and you’ll get closer to success.

                            Don’t be afraid to fail. In fact, start failing, and start failing often; that’s how you will succeed.

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                            Featured photo credit: Unsplash via unsplash.com

                            Reference

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