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Your management team - asset or liability

Any company that is dependant on the skills, knowledge and drive of the MD or owner to succeed is going to hit a plateau and stay there (or decline). To thrive a company needs a capable management team that can drive success – but so often it doesn’t seem to realise its potential.

To perform to the best of their ability managers and staff need to be closely aligned to the strategy of the business. They need to know what is required of them, why it is important, how it will be measured – and of course they need to be capable of delivering, so they need the right skills, resources, support and motivation
 
Measure your company against these criteria: -
 
Do your managers have a crystal clear view of where the company is going and what it needs to do to get there?
 
Does each manager know what they personally need to deliver to underwrite the company’s success?
 
Does each manager know the difference between important and urgent?
 
Do managers have the skills tools and resources to deliver their goals?
 
Do you have systems and Key Performance Indicators that enable you and your managers to measure success?
 
Are managers who can, or should, do better told about it – and do they get training, coaching and direction to improve?
 
As an MD or business owner are you good at delegation?
 
Do you provide enough information and feedback to enable your managers to do their job?
 
Can managers and staff feed back valid points and concerns to you – and get a fair hearing?
 
 Do you provide an environment where teamwork and collaboration are encouraged – but goals still met?
 

Do you publicly reward success, achievement and dedication?

 
If you answered ‘No’ more than twice you should call SPS!
 
SPS is a nationwide partnership of experienced business men and women actively assisting business owners and managers to build real value in their companies. We have a wide range of practical experience you can call upon and are different from others because we have all worked at board level. Many of us have owned and successfully developed our own businesses. We do not write reports telling you how to run your business. We work alongside you to develop and implement winning strategies.
For more information contact Mike Robson on 08456 581185 or mike.robson@talktosps.com

 


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