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Talent Management – what may be driving your younger employees away from a management role?

According to the Institute of Leadership and Management (ILM) British businesses are at risk of losing young talent because of poor management and leadership.
Kim Parish, Chief Executive of the Institute of Leadership & Management comments, 'It's imperative that we develop our young talent because they have no qualms about moving on. Young people will leave organisations if they experience poor management and that, combined with the increasing trend for portfolio careers, means that businesses risk losing the talent they have put so much time, money and effort into recruiting and developing.
'This adds to the challenges for today's managers - not only must they deliver results, inspire customers and cut costs, but they must involve their team, even when the going gets tough. It's a tall order. Now more than ever managers need support and development; organisations investing in management qualifications and professional development for their staff will be the winners.'
Some of the key findings:
• Just under 400,000 workers aged 18-24, working in the UK, reported that they feel their manager is holding them back
• Over one quarter of the respondents said that if they were badly managed it would be a primary factor when deciding whether to pursue a career with that organization or move on to another.
• Young people can be put off from working in management based on the experiences they have had with their managers.
• 25% of young workers believe that they could do a better job than their current superiors.
• Over 60% of the respondents disliked working in a environment where there is a blame culture or old style, dictatorial practices are still adopted.
• The four top traits that young people look for in a manager (or role model) are:
- 86% wanted a manager who is approachable
- 66% wanted to be able to get on with their jobs
- 47% wanted to work in a team focus environment
- 47% wanted to be involved and consulted when decisions or plans are being made
- 40% wanted to be given the opportunity to develop to a point where they are able to manage a team of their own within 5 years
- 61% of future leaders expect to learn about management directly from their managers
All of these factors highlight the need for quality management training at all levels in order to ensure that best practices are adopted; current managers have the tools, techniques, skills and knowledge to be able to do a good job and future managers are inspired by them.
For more information about management training please feel free to contact us on 02380 695929 or webenquiries@developingpeople.co.uk .