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Management Mentoring Provides Your Company An Edge Over Your Competitors
Many companies fall into the mistake of hiring someone who has managed people before, and assuming that, since they're an experienced manager, they don't need any more help. Nothing could be further from the truth. The fact is that managers are people too, and just as preparing meals at home for a few years doesn't render someone completely qualified to be a good chef (although it might well be a good start), being a good manager consists of more than having experience managing some people for a while.
This is where management coaches come in. One of the most important resources human resources can provide is the sort of management coaching that turns an average manager into the leader of an all-star team. There's a good reason why top CEO's of Fortune 500 companies spend a combined total of millions in one to one training with the world's most elite coaches. That reason is that even someone with as many successes as Bill Gates or Steve Jobs knows that he doesn't know everything.
A comparison can be illustrated with the field of music - George Gershwin had lessons in harmony from other composers, at a time when he was the most famous and well-paid living composer in the world! If the leaders of the world take personal coaching, isn't that a good indication that management coaching is an important part of bringing out the best in your management team?
The only concern is where to draw the line. Does everyone who is someone's boss need management coaching? What if a person is only a project leader? Lead engineer? Merely "senior" engineer, managing no one but himself or herself? The answer is yes, yes, yes and yes.
Everyone who makes management decisions needs coaching, and the reason is that no one is perfect. We all had to learn things somewhere, but changes in the world (especially increases in business efficiency) require us to adapt and keep abreast of the curve. Like the childish saying "you snooze, you lose", managers who receive no training "lose". They lose their edge, their team's advantage, and, if they are particularly bad managers, they might even lose their workforce.
Competent management coaching ensures that an angry lapse will never destroy a team, that a bad day doesn't mean a bad month, and that teams are led, not just managed. Creating leaders doesn't happen without investment in them, and management coaches are the most proactive way of doing that -- for a Fortune 500 CEO, and for your management team as well.
Human resources are most beneficial to companies when they provide management coaching to help turn mediocre or poor managers into world-class leaders. Fortune 500 corporations spend millions of dollars to train their staff with the best management coaches the world has . Anyone making management decisions should have coaching as no one is perfect. We all had to learn things somewhere, but changes in the world (especially increases in business efficiency) require us to adapt and stay ahead of the curve. Without proper coaching, managers lose their edge, their team's advantage, and, if they are particularly bad managers, they might even lose their work force.
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