Are Great Managers hard to find?
New Research from Consulting Giant Gallup finds Companies aren’t Hiring the Right Management Talent
AN OPPORTUNITY TO UNLEASH Your Authentic Leadership
Companies strive to make the right choices when selecting their leaders, but statistics show that they often get it wrong, with a staggering 82% of managerial decisions show a lack in the necessary talent for the job, according to Gallup research.
Bad management can cost businesses billions of dollars annually and can have a profound impact on employee engagement, which remains dismally low worldwide. Gallup reported that only 30% of U.S. employees are engaged at work, with a mere 13% engaged globally. This lack of engagement leads to performance variability across business units, resulting in inefficiencies in execution.
This is where executive coaching comes into play, offering a valuable solution to bridge the gap between management talent and performance. My name is Michael Rolph, and I am an executive coach with over two decades of experience in tech, nonprofit, and university organizations. I have founded two companies, hold a Certified Diversity Trainer certification, and have held leadership roles such as Chief Marketing Officer (CMO). I am here to guide you through your career journey, leveraging both my experience and the power of executive coaching to unlock your full potential.
The Challenge of Identifying Great Managers
Gallup's research reveals that only one in ten individuals possesses the innate talent required to manage effectively. While some people exhibit certain managerial traits, very few have the unique combination of talents necessary to drive excellence within a team. These exceptional managers naturally engage team members, retain top performers, and foster a culture of high productivity.
Additionally, another two in ten individuals display some characteristics of basic managerial talent and can excel with proper coaching and development. This means that nearly 48% higher profit can be attributed to managers with talent in managing others. Yet, despite this potential, companies still miss the mark on high managerial talent in 82% of their hiring decisions, leading to significant issues in employee engagement and high-performing cultures.
Conventional selection processes often rely on experience and skills rather than assessing an individual's innate talents for the managerial role. Success in previous non-managerial roles or tenure in the company or field doesn't necessarily guarantee success in a managerial position. Talents, those recurring patterns in thinking, feeling, and behavior, are the true building blocks of outstanding performance. Without the right innate talents, no amount of training or experience can compensate.
The Five Talents of Great Managers
Gallup has identified five talents that great managers possess:
Motivation: They inspire every employee to take action and engage them with a compelling mission and vision.
Assertiveness: They have the ability to drive outcomes and overcome adversity and resistance.
Accountability: They create a culture of clear accountability.
Relationship Building: They build relationships based on trust, open dialogue, and full transparency.
Decision-Making: They make decisions based on productivity, not politics.
Very few individuals can naturally exhibit all five of these talents, making the role of an executive coach even more crucial. Coaching helps individuals develop and harness these talents to become exceptional managers who can positively impact their teams and organizations.
The Role of Executive Coaching in Unleashing Potential
Executive coaching serves as a powerful tool for individuals looking to enhance their leadership skills and excel in their careers. As an experienced executive coach, my role is to guide you through a process of self-discovery, development, and transformation. Through coaching, you will:
Develop Boldness: Gain the confidence and assertiveness needed for career advancement, potentially leading to promotions.
Clarify Your Growth Path: Identify your career goals and pave the way for new leadership roles or exciting opportunities.
Become an Inclusive Leader: Discover the value of diversity, equity, and inclusion at work, and learn how to create a more inclusive and productive work environment.
Chart a Career Path with Social Impact: Explore opportunities to make a meaningful difference in your field.
Shift Your Mindset: Build skills that transform and uplift you, fostering personal and professional growth.
Executive coaching is a personalized journey focused on your growth, impact, and overall joy at work. It's about unlocking your true potential and achieving your career goals.
Conclusion: Embrace Authentic Leadership with a Diversity Coach
In today's competitive business world, leadership is the key to success. However, finding and nurturing great managers remains a challenge for many organizations. With the help of executive coaching, individuals can unlock their innate talents and become exceptional leaders who drive engagement, productivity, and profitability.
As an executive coach with focus and training in diversity, my mission is to guide you through this transformative journey, helping you become the leader you aspire to be. Together, we will develop your authentic leadership style, foster positive relationships, and unleash your full potential. Embrace the power of executive coaching and embark on a path to career growth, fulfillment, and success. Your journey begins here, and I'm here to support you every step of the way. Let's talk about how executive coaching can empower you to achieve your goals and make a lasting impact in your organization.