In today’s fast-paced business environment, the role of managers has never been more critical. Did you know that managers account for a staggering 70% of employee engagement variance? Shockingly, one out of every two employees has left a job due to a manager. These statistics highlight a pressing need for effective coaching and empowerment in the workplace.
LMI has just launched its groundbreaking programme, Effective Coaching & Empowerment, designed to address these challenges head-on. This programme is tailored to equip managers with the skills they need to foster a more engaged, productive, and innovative workforce.
Consider this: employees who receive daily feedback from their managers are three times more likely to be engaged than those who receive feedback only once a year. Moreover, meaningful feedback can lead to 3.5 times more engagement on average. Yet, only 42% of employees report having the opportunity to provide any feedback to their managers.
The disparity between managers’ perceptions and employees’ experiences is stark. While 60% of managers believe they are doing a good job of recognizing their team’s work, only 35% of employees agree. Furthermore, only 20% of employees say they receive feedback weekly, compared to 50% of managers who claim they deliver it weekly.
High-performing companies are 5.2 times more likely to invest in development coaching and 10.3 times more likely to train and incentivize their managers to be coaches. The benefits of such investments are clear: businesses that prioritize development coaching are 1.4 times more likely to exceed financial targets, twice as likely to delight customers, and three times more likely to adapt well to change.
LMI’s Effective Coaching & Empowerment programme promises to transform your managerial approach, making your organisation a place where employees can grow, develop, and unleash their full potential. By participating, you will be 3.2 times more likely to engage and retain employees and six times more likely to build the skills needed for career growth.
Don’t miss this opportunity to revolutionise your leadership style and drive your team to new heights. Join LMI’s Effective Coaching & Empowerment programme today and start making a difference in your organization.
Ready to empower your team and boost your organisation’s performance? To learn more and sign up for the Effective Coaching & Empowerment programme, book an initial consult now!