Track Training Tips No. 43

 How to get ahead with £19.3 billion

 

If the current difficult trading conditions were not enough to cope with then the following report from the Chartered Management Institute really focuses the mind on the need for Learning and Development to be a ‘given’ during conversations at the ‘top table’.

The following are key points taken from the survey:

 

  • Three quarters of workers waste almost two hours a week due to inefficient managers
  • This is an average of £900 per employee per year
  • This leads to a total cost for UK plc of £19.3 billion

The worst management practices were:

 

  • Unclear communications 33%
  • Lack of support 33%
  • Micro management 26%
  • Lack of direction 25%

Leaders and managers have to become great jugglers! And the three balls that you have to juggle are – Things, Processes and People.

Guess which one ends up on the floor the most? Guess which one has the greatest potential to help your business grow?

Suggestion: using the figures above work out how much your business is losing each week – then give me a call (and in my opinion I would put that figure of 2 hours a week much closer to 5!).

Links to workshops:

Practical Leadership Skills

Introduction to Management

 

For further information and business support contact Dave Chesters on 01785 823583 or take a look at our website www.tracktrainingservices.co.uk 

 

‘Training Solutions that Guarantee Results’

 

Business Development Opportunity:

GrowthAccelerator is the new premier service that helps ambitious businesses achieve rapid and sustainable growth. 

If you’re an ambitious business, you’re in a race for growth. You’re already good but you want to be bigger and even better.

GrowthAccelerator will help you seize new business opportunities, open doors to the right funding and match you with expert business coaches close to you and within your sector.  We’ll also suggest ways to boost your innovation, develop your products and grow your markets.

You will also be able to access £2000.00 per senior person to help with funding Learning and Development.

Are you eligible?

You need to be a business registered in England with fewer than 250 employees and a turnover of less than approximately £40m. Just as importantly, you should have the potential for rapid, sustained growth and want to double or better within three years. 

To find out more visit www.growthaccelerator.com and contact Dave Chesters on 0175 823583.

   

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