Thursday, January 12, 2006

Companies are Losing Middle Managers

According to the above-titled article in this month's Training & Development magazine, "Middle managers are leaving companies at about twice the rate of senior-level executives."
It makes sense. After years of pruning management ranks through layoffs and attrition - and keeping salaries and bonuses depressed - middle managers are fed up. Tired of being given more and more responsibility and less and less recognition, they're taking advantage of an improving job market and jumping ship.

So what are companies doing to stem the tide? Well, according to the research cited, here are the top ways organizations are trying to retain their middle managers:


If we contrast this with what managers say are the top competencies they need for their ongoing success:
      • communications (70%)
      • strategic thinking (67%)
      • leadership (64%)

it seems pretty clear that if your middle managers are starting to make some noise, providing them with a coach-to-call-their-own is a cost-effective, win/win, alternative that you can offer now, on a per-person basis, rather than having to wait for a company-wide Middle Manager Retention Initiative to get going.

And what if you're one of those under-appreciated middle managers contemplating a change? Try asking your boss to provide you with a coach-to-call-your-own and see if that doesn't help you re-engage in your work without the hassle of having to move to a new employer.

Labels: ,

0 Comments:

Post a Comment

<< Home