This week, our Butterfly Co-Founder Marcus Perezi-Tormos discusses how companies can help their Millennials boost their managerial skills, for Recruiter.com.
A recent study revealed that 41 percent of Millennials have at least four direct employees—yet these same managers will have to wait an average of 10 years before they receive their first coaching sessions.
Here are some of the other ways companies are failing their young managers—and what you should do about them.
- The “Just Wing-It” Mentality
Managers don’t always know where their gaps in skills and knowledge lie.
How to fix it: Implement a company-wide feedback system, between managers and their employees. Make sure to make it anonymous—you want feedback to be as honest as possible.
- Antiquated, Sporadic Coaching
Although coaches can be very knowledgeable, they do not know your managers on a personal level, and will not be aware of the very unique dynamics present throughout their teams.
How to fix it: Technological advancements are making receiving feedback on a personal scale easier than ever before. Butterfly.ai does just this, using an AI coach to push training materials to managers, based on the feedback their teams are giving.
- Failing to See the Business Value of Strong Leadership
HR teams across companies are usually trying to out-do other companies, by offering a plethora of perks to their incoming employees. However, our data revealed (gathered from our platform and a sample of 5,000 employees who use it) that having a strong team was far more positively correlated with happiness at work that perks were.
How to fix it: Invest in your managers and you will have a leg up on your competitors. You’ll see your employee engagement rise, and your teams become more productive.
Check out the full article here.