1 DEVELOP EMPLOYEES. The importance of employee development
When you became a manager, you took on one particularly important responsibility—to develop others. Employee development is a huge part of how your company stays competitive.
After all, your company’s people are its only sustainable advantage—rivals can mimic your technology or products. But through employee development, your company gains a workforce that’s continuously ready to meet challenges.
In fact, employees who get development opportunities feel a greater sense of purpose in work, perform better, and collaborate more willingly. And they are more likely to stay with your firm, even during tough times.
As a manager, you are uniquely positioned to help your direct reports:
• Learn new skills
• Acquire relevant experiences
• Understand the organization’s priorities and politics
• Discover how to manage others
• Plan their careers
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