Did you know that of every 100 employees hired, only 6 or 7 will ever be promoted to their first management position. If you’re a manager now, and you probably are if you’re reading this, “Congratulations!” You’re one of the 7% who made it! That’s the good news. Now, here’s the bad news. Statistically speaking you won’t be promoted again. The vast majority of these first time managers will eventually fail, and only 1 in 7 will stay in management with their present company for 5 years.
5 Must-Do Elements of Great Managing
Do you know the elements of being a great manager? In my book Built to Lead, I give 12 principles of great managing that are behind every successful business endeavor. It does not matter what your company does; these principles apply to every type of business. Here are five of these must-do elements of great managing:
1.) I know what is expected of me at work. If your managers and employees cannot confidently say this, you have a serious management issue. People must know what they are required to do and they must know that these rules will be enforced. If they do not know this, chaos ensues.
About the Author
Founder/CEO of MyEmployees, a 25 year-old firm in the Top 1% Worldwide in the Employee Engagement and Recognition industry. His firm specializes in helping managers build stronger, more engaging relationships with their team members, while linking the rewards and recognition program to the desired goals of the company.