http://www.womenintechnology.co.uk/news/leadership-development-needed-for-success-of-a-company-news-801304189
Proper management and leadership development training is needed in order for a company to be as successful as it can be, a new report has found.
Research from the Chartered Management Institute (CMI) and Penna shows the relation between a company's performance and the effectiveness of its managers. High performing organizations spend on average 36 per cent more on management and leadership training per manager every year than low performing ones.
The report also revealed that 43 per cent of managers consider their line managers to be ineffective, suggesting that people in IT manager jobs and other roles should be offered regular training.
Accredited learning and qualifications were rated by those surveyed as having the most impact on workers' performance.
"A culture of bad management continues to damage UK Plc," said Christopher Kinsella, acting chief executive for CMI.
"But the good news is that organizations who are investing strategically in management and leadership development, are far more likely to be reaping the benefits through higher performance."
He said that businesses should not take a one-size-fits-all approach to training but focus on "developing specific line manager skills and behaviors that will help achieve business results".
Last week the Bank of Scotland's Report on Jobs showed a positive year so far in the recruitment market.
