An organisation's culture can see significant erosion when its middle management is unstable and prone to a rapid turnover. This hits productivity of teams, causing ballooning talent costs. Hence, it is evident that companies must invest in mid-manager development.
Poor leadership not only impacts the company but can be a potential stressor in the workplace, while bad managers can cause huge losses and too many of them can bring down a company. Leadership coach and mentor Ramesh Kumar outlines the only defence for this problem.
Digital coaching is a fantastic tool that organizations can use or deploy to support their employees to build up curiosity, empathy and openness to experience - the key traits that support an individual to thrive in hybrid work environments, says Naila Abdul Karim, Behavioural Scientist, Coachhub.
‘There are no silver bullets, but coaching conversations are a pretty close proximation. Executed well, coaching conversations can improve employee engagement, speed up throughput, raise quality and change organisational culture. The trick is how to coach well,’ highlights Craig Brown, CEO, Everest Engineering.
“Productivity is a fantastic measure of the efficiency of machines or an industrial system. But I don't think it's a great way to today to measure the outcomes created by knowledge workers, information workers,” said Ravi Venkatesan, Technology & Business Visionary, Former Chairman, Microsoft India, Social Entrepreneur at People Matters Workforce Productivity Conference.
Building a successful leadership team is a people-skill, and can make or break a successful execution of business strategy. CHROs should be good at this, and hence, the popular perception that roles of HR and top business leadership are incompatible may be changing now with HR leaders becoming the go-to candidates for the top job.