The Cost of Low Quality Management
The Manager by Design Blog provides helpful tips for how managers can improve their people management skills and team management skills. The blog also advocates for the new field of “Management Design,” where managers are created systematically rather than placed into an arena where they have to perform without systematic help.
But is this really needed? Aren’t managers performing well already? Do managers need to improve how they perform?
Here’s a survey of some recent articles that discuss this very topic. Warning: It may not be pretty.
Poor Managers may cause illness and heart attacks: According to a recent study in Sweden, poor management increases both the amount of sick leave and creates a greater risk of heart attack. Conversely, those with good managers had less sick time. More info can be found here.
Poor Managers hurt productivity and profitability: In 2004, an ongoing Gallup survey that indicates poorly managed workgroups are an average of 50% less productive and 44% less profitable than their well-managed counterparts. (Cited here and here ) and in the May 1, 2005 edition of HR Focus.
