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Essential Skills Every Manager Needs to Lead Confidently

The Business Mechanic Podcast with Vaughn Sigmon

Release Date: 10/03/2022

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Essential Skills Every Manager Needs to Lead Confidently. Vist Our Website: "Fake it 'til you make it." That advice may have helped previous generations leap up the corporate ladder, but in today's data-driven, continually disrupted the world of work, pretending your way to the top doesn't work— and it wreaks havoc on your confidence level, not to mention your stress level. Here’s a fact. The most prevalent management training approach deployed today is learning by trial and error. Companies promote great employees into management and believe that somehow magically, they will be great...

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Essential Skills Every Manager Needs to Lead Confidently.

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"Fake it 'til you make it." That advice may have helped previous generations leap up the corporate ladder,

but in today's data-driven, continually disrupted the world of work, pretending your way to the top doesn't work—

and it wreaks havoc on your confidence level, not to mention your stress level.

Here’s a fact. The most prevalent management training approach deployed today is learning by trial and error.

Companies promote great employees into management and believe that somehow magically, they will be great managers.

That comes from the experience paradox.

Experience does not bring any guarantee someone is likely to be a good manager.

They have to be trained to be a manager and leader.

Yes some people figure it out on their own. But that is a very small and special group.

Think about this for just a second.

A company promotes a good employee to a management position.

Statistics from multiple sources report that there is an 80% failure rate for new managers....80%!.

So what happens to these managers? They stay on and continue with poor leadership and the poor results that they bring.

All the time, blaming it on how hard it is today to hire good people. Sound familiar.

Or they quit or are fired.

Then get recycled due to the experience paradox I mentioned earlier. The new company hired an “experienced” manager but got an ineffective leader.

Now the outcomes are spread to a new company and team. Rinse and repeat. This has inadvertently led to some unintended consequences that are pretty bad.

According to Gallup in 2021, 73% of the millions of employees surveyed are disengaged. 50% who quit did so due to a poor manager.

What does that mean?

Well, if you are complaining about how certain employees display lack of initiative, seem not to care, gossip, show up late  or take a lot of extra time off etc.

These employees' behaviors may have been created by their manager. WHOA!!!

Think about that

How many managers realize this and actually OWN that they are likely the cause for employee underperformance, lack of showing care or just not doing a very good job. Not many.

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The fact that you are listening or watching this shows that you are an outlier

 and realize you can learn more and are seeking advice and learning to improve your management effectiveness and become a better leader.

 

Now… I'm going to share with you an important experience.

In my 40-year business career as a manager, executive, and leader,

100% of the time, when I had an underperforming location or team, I could always tie it back to the manager.

In fact, I would often make one difficult change that would quickly, and I mean real quick, change the performance of a team.

I’d Change the manager.

Tell me more, Vaughn!

Two ways

  1. Train them up. I could work with them, coach them train them and give them important personal improvement goals
  • along with the tools and knowledge they needed to grow into the leader they needed to be.
  • I truly believe that leaders can be made.
  • Not everyone, however.
  • Only the ones that are willing to make the change to improve.
  • For those who self-identified themselves as unwilling to make the change, I moved to my second highly effective approach.

 

  1. I let them go and brought in someone who had proven themselves either effective or willing to learn how to be a great manager and leader.

I can assure you of this. No manager gets up and goes to work, intending to be a poor leader or manager.

They simply don’t know what they don’t know.

Why…..well that is a whole other podcast and video.But briefly Most bosses do a crappy job of performance feedback with managers.

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