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Poor management skills hampering SME productivity

Poor management skills hampering SME productivity

Posted on 1/08/2016 by Ed Beattie

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As business owners we all know that there’s a very strong link between the quality of leadership and workforce productivity. But according to recent research published by the Federation of Small Businesses (FSB) just 25 per cent of small business owners invested in leadership training in the last year.

And even though according to the Office of National Statistics UK labour productivity, as measured by output per hour, grew 0.5 per cent in the first quarter of 2016, we are still lagging behind our G7 colleagues by some distance.

Add to this some research published by Warwick Business School in 2015, that found that current levels of management and leadership skills are holding businesses back, it all makes rather grim reading!

Always wanting to find the positives in every situation we decided to take a closer look at the FSB report. And we found that price was cited as the biggest barrier to making an investment in leadership and management skills training.

So, as we’ve been banging the drum for some time now about the need for SMEs to invest in leaders and managers to improve the productivity of their workforce to support business growth, we’ve developed a new and very affordable training course – HR Basics for SMEs.

Developed for new and existing leaders and managers, for a small investment of just £240.00 for a whole day’s training, you’ll learn about what activities and traits contribute to positive managerial and leadership effectiveness.

You’ll also learn about how to align your business goals with that of your people strategy and how to engage with your workforce. Some essentials are also covered including an introduction to compliance, how to set-up your ‘HR Toolkit’ and putting in place the necessary documentation. All content is delivered by seasoned HR experts and based on best practice.

So if you’re a new leader then start as you mean to go on! And if you're an existing leader then why not advance your skills to improve the productivity in your business.

And for those of you who want more, there’s always our Clarity7 programme of professional management and development training masterclasses that will arm leaders, both new and existing, with the essential skills to lead and manage their team to success. Part funding for this course may be available.

For further information about our leadership and management development services which will inspire and drive your workforce to greater productivity, then contact us for further information.