According to research, 70% of the total employees were found partially committed to their work and not being able to deliver their best performance. The research also says that to reverse the crisis, individuals who understand human nature, know how to motivate and inspire their teams should be put at the managerial roles for all the functions of the organization.
Organizations today work towards increasing employee engagement levels across business units. This will further lead to higher productivity, improved profitability and lower attrition rate.
What is the Problem?
The problem is companies fail to choose the right candidate with the right talent for the managerial position. Only 1 out of 10 managers actually possess the right talent for the position. Moreover, when the organization fails to hire the right talent, it costs billions to the organization.
What is the Solution?
While experience and skills are equally important, it is the specific or distinct talent in individuals- the natural patterns in the ways they think, feel and behave which predicts great management performance. Exceptional managers possess the following five key traits:
- Motivational skill to engage the employees and aligning the team with the mission and vision of the organization
- Posses the assertiveness to drive fruitful outcomes and the ability to overcome resistance and adversity
- Creating a culture of clear accountability and responsibility
- Building relations that create transparency, trust and open dialogue
- Making decisions based on productivity and not politics.
Hence, while finding managers to hire, organizations need to hire someone who can pull off all these five traits. When the manager possesses all the above-mentioned traits, the engagement level of the employees will double.
May be potential talent is hiding inside your walls
The managers with the above-mentioned traits may be present in the organization itself. There might be team members who have the potential to manage teams. Organizations always do not look for the right resource from outside. If looked properly the potential talent might be within the team.
Hence, if ever your organization experiences high employee turnover, remember that the only way to stop this is to look at the managers in the organization
Written & Compiled by Faber Priyal & Faber Mayuri