Are Untrained Managers Ruining Your Business? Only 28% of organizations and businesses prioritize investment in managerial talent, with vastly negative bottom line implications. How not to be one of them.
By Amanda Haddaway •
Opinions expressed by Entrepreneur contributors are their own.
A warning that untrained managers are quite possibly ruining your business may seem at first needlessly inflammatory, but all too often it's the truth. The reality is that most managers struggle to effectively lead their teams, and that costs a business more than you likely realize.
Here's how that dynamic typically plays out: in most organizations, people are promoted because they are good individual contributors — good employees — but may have no idea how to lead a team. It's easy to make the false assumption that because they are rock star staff members in a different capacity, they will also be capable managers. Couple that with the fact that most businesses don't provide adequate manager training, and you have a recipe for disaster.
Continue reading this article — and all of our other premium content with Entrepreneur+
Join the internet’s leading entrepreneur community! With your subscription you’ll get:
- Access to all of our premium content and an ad-free experience
- A complimentary subscription to Entrepreneur Magazine
- Four free e-books a year and 20% off everything from our bookstore
- Exclusive events with business celebrities and successful entrepreneurs
