How to create a successful management team

Do your employees have what it takes to be a successful leadership team? According to a new study, many senior leaders believe the talent gap is too large to fill. But it doesn’t have to be.
Although 60 percent of HR leaders think employee succession planning has become an organizational development challenge, there are many traits and standards to look for that can help identify great leaders.
Employers should first tackle exactly why low-level employees don’t want to move up in the ranks. The study concluded that only 11 percent of workers would like to move up into senior positions. Another survey conducted by the Korn Ferry Institute found that only 31 percent of workers either didn’t want to be a CEO or didn’t care either way.
To attract employees to management positions current leadership teams should:

• Be transparent when it comes to management ideals and practices
• Enable mentorship and learning at an early stage in careers
• Implement flexible working conditions
• Track how changes made benefit the workplace as a whole
• Use innovative technology and work practices

What are the traits of a great leader? The list can be endless depending on specific company needs, but some strengths are basic across the board. These include:

• Ability to delegate: A leader is oftentimes in charge of many different tasks at once. He or she should be able to focus on a few and delegate appropriate tasks to others.
• Communication: Transparent communication will help other employees understand why things are completed the way they are, or how small tasks help in the bigger picture. When information trickles down the grape-vine, it becomes easier to collaborate with others as well as explore innovative opportunities.
• Confidence: A possible new management team member must be able to display a sense of confidence and knowledge in their skill base. Projecting their confidence to others will help other employees come forward for help or to talk about any issues that may arise.
• Honesty: A leader must always be honest and encourage honesty from his or her employees. Honesty in the workplace enables others to come forward if an issue arises or to speak up if a work practice isn’t achieving beneficial results.
• Inspiring: Not every day will be a perfect day at work. A leader must be able to inspire others to work through daily problems and aspire to achieve more than expected. Inspiration can always go a long way.
• Positive attitude: A positive attitude is a key component of a management team. If a management team has a poor attitude this will trickle down to their employees and create a less than happy work environment.

For more management training solutions or employee development program, visit our website.
Source