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Management Mentoring Gives Your Company An Advantage Over Your Rivals
Many companies fall into the error of hiring someone who has managed people before, and assuming that, since they have management experience, they don't need any more help. Nothing could be less true. The fact is that managers are human beings too, and just as cooking at home for a few years doesn't render someone totally qualified to be a good chef (although it could well be a good start), being a good manager is made up of more than having experience managing some people for a while.
This is where management coaches are useful. One of the most important resources human resources can supply is the kind of management coaching that turns an ordinary manager into the leader of an all-star team. There's a good reason why top CEO's of Fortune 500 companies invest in a combined total of millions in one to one training with the world's finest coaches. That reason is that even someone who is as successful as Bill Gates or Steve Jobs knows that he doesn't know all.
An analogy can be drawn with the field of music - George Gershwin had lessons in harmony from other composers, at the same time as he was the most famous and well-paid living composer anywhere! If the leaders of the world take personal coaching, isn't that a good indicator that management coaching is an important part of drawing out the best in your management team?
The only question is where to draw the line. Does everyone who is someone's manager need management coaching? What if a person is only a project leader? Lead engineer? Only "senior" engineer, managing no one but himself or herself? The answer is yes all around
Everyone who makes management decisions needs coaching, and the reason is that no one is infallible. We all had to learn things somewhere, but changes in the world (especially increases in business productivity) require us to adapt and stay ahead of the curve. Like the childish saying "you snooze, you lose", managers who obtain no training "lose". They lose their edge, their team's advantage, and, if they are notably bad managers, they might even lose their workforce.
Competent management coaching makes sure that an angry lapse will never destroy a team, that a bad day doesn't imply a bad month, and that teams are led, and not just managed. Raising leaders doesn't happen without investment in them, and management coaches are the most proactive means of doing that -- for a Fortune 500 CEO, and for your management team as well.
Human resources are most useful to companies when they provide management coaching to help turn average or poor managers into world-class leaders. Fortune 500 corporations expend millions of dollars to train their employees with the best management coaches the world has to offer. Anyone making management decisions should have coaching as no one is infallible. We all had to learn things somewhere, but changes in the world (especially improvements in business efficiency) require us to adapt and stay ahead of the curve. Without proper coaching, managers forfeit their edge, their team's advantage, and, if they are particularly bad managers, they might even lose their team.
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