Purchasing resources for Management Training

Management Training

Whether or not to engage the services of a management trainer is a big decision. While weighing the potential gains of this endeavour, it's crucial to know as much as possible. What is it that you hope to gain from the training? What are your primary concerns? How much will it cost your business?

Because most companies have suffered from management issues at one time or another, they all need to look at these potential gains and losses to their companies in as much detail as they can before making a choice. It might seem like the training can only improve things, but there are a number of things to watch out for as well.

Benefits

Management training can be beneficial to every organization. According to Make Me a Better Manager, there is a gap between how managers view themselves and how colleagues view them.  86 percent of managers view themselves as fair, while only 69 percent of their colleagues thought they were. In the same respect, only 39 percent of all managers thought they were good at objective setting, and 56 percent of their colleagues thought the same. This suggests there are some disparities between how management views their work and the job they do.

Increase in Productivity

Management training provides managers with the information they need to properly arrange and supervise workloads and motivate employees to get the job done. When a manager knows which motivational skills work best, productivity increases and goals are met. Management training teaches managers how to make small corrections to improve the atmosphere and efficiency of the entire organization.

Retaining Employees

Most employees leave an organization because they don't like the management. Improving a manager’s people skills can increase likeability among employees and can help retain staff.  The cost of training a manger to be the best far outweighs the cost of hiring, training, and retaining employees.

Communication

Managers that have been properly trained know how to communicate properly so that jobs are done more efficiently.  An increase in communication among management and employees improves the overall quality of the work being done. Good managers learn to listen to their employees to address problems before they get large enough to hurt the entire company.

Competitive Edge

Training managers on the latest technologies and procedures will keep your company competitive in the marketplace. New technologies create new opportunities, and if your company does not learn to grow with changing times, it will lose its competitive edge and eventually lose customers to the competition.

Pitfalls

High Costs

Professional management training may not be suitable for every company under every circumstance. The costs of hiring professional training consultants can be substantial, particularly in an economy where most businesses are looking at reducing their overheads to survive in a competitive market environment. Large and medium-sized businesses with many employees are likely to have higher costs of training. It is critical that such high costs are justified by an improvement in the business’ operations and productivity.

In a highly dynamic and complex business environment, the needs of a business change rapidly. If employees are provided training in a particular technology or business method, and a new and superior technology or method is introduced, it can make the previous training redundant. The business must take such aspects into account before going ahead with the training expenditure.

Conflict between Trainers and Managers

Interpersonal conflict between professional management training consultants and managers is a common occurrence. Managers have developed a mindset of their own over the years, and it is difficult to introduce radical changes to their time-tested approach. Furthermore, the managers are likely to have an intimate knowledge of their products, services, and customers. Therefore, they may not entirely agree with the views of the training consultants on key issues.

Unless such conflicts are resolved mutually and a common approach is reached, it can have a negative impact on the business. The managers may lose their motivation if the trainer’s views are forced upon them. Top management must be very sensitive to the needs of its key employees and adopt a cautious approach towards training and the introduction of new strategies and skills.

Deviation from Core Corporate Values

Management training consultants may not be well-versed with the core corporate values and principles of the business organization. They may introduce changes to the approach of the existing business manager that are in contrast to the core ethics of the company. This may confuse the employees about the pursuit of the company’s corporate vision and mission statement. Therefore, any radical training approach in new systems and methodologies must be matched with the company’s fundamental values before being imposed upon the employees.

Compromising Creative Thinking

One of the typical fallouts of many training strategies is that they may compromise the creative thinking of key employees and introduce a more regimental or mechanical approach to business. Employee creativity and imagination can be one of the most valuable assets to a business. Training programs should be designed in such a way that they do not compromise this creative freedom. The long-term consequences for a company can be very negative if a faulty approach to management training is adopted.

Pricing

Having a trained management team can be the key to a company’s success. Whether businesses are looking to improve existing managers or train new ones, there are management training programs available to fit a variety of needs.

Cost of Management Training

The cost of management training can vary depending on the length and depth of the program. Some Web-based training programs are available for as low as $30 per manager. Other programs such as weekend management training seminars can cost between $300 and $500 per manager. 

Reasons to Look For New Project Management Training

According to arraspeople.co.uk, 60 percent of respondents believe that the value of their company’s project management training has been questioned. More than half (52 percent) believe that their company’s existing training is not effective at all.

Conclusion

In the changing market place companies have to keep up with their competitors. They need to be able to remain competitive, and to do so they have to keep up with current technology and maintain a happy and productive workforce. Management training can bring numerous benefits such as increased productivity and better worker-manager relations, but remaining on the competitive edge doesn't come without problems. Attempts to impose techniques on managers that filter down to the workforce can often lead to a stifling of creative thought and may even create a rigidity that goes against the company’s core ethos.

Disputes between the manager and workers are commonplace, and while management training can exacerbate this, it can also lead to greater harmony and more efficient working techniques. It's important to find the right training regimen for your manager that fits in with your way of doing business and doesn't compromise the existing structure.