Renee...

Every year, Gallup releases the State of the American Manager, its analysis of the current condition of managerial expertise. The latest results, released December 2017, contained several new conclusions, but the grim fact remains:

Little has changed with the state of management in the United States. The sobering news:

• One-third (35 percent) of managers are engaged in their work.
• One in five managers (18 percent) has the “high talent” needed to succeed in their roles.
• Bad management costs the U.S. economy anywhere from $319 billion to $398 billion in lost productivity annually.
• We all know that bad managers wreak havoc on employee performance either by not developing their teams and enabling accountability for results, or by simply creating an environment where employees don’t want to come to work.

Gallup’s conclusion: Only a certain number of managers are born with the capacity to manage others and, as a result, companies should focus more heavily on selection of managers rather than the development of them.  [Yale School of Management- By Tim Ito]