As the way business is conducted changes rapidly during the start of 2020, it’s important for managers to stay ahead of the curve. Business solutions discovered today are likely to be adopted long-term, and 2021 may look very different in terms of how managers oversee the teams underneath them.
Top trends in management training this year include:
The first quarter of 2020 has seen a rise in telecommuting faster than years prior. This is largely due to necessity -- with the Coronavirus running rampant across the globe and many U.S. states issuing shelter-in-place orders, businesses must find a way to stay alive.
Many of today’s jobs can be done from home, something that many businesses are being ushered into learning a little faster than they would like. However, as telecommuting increases in popularity, managers will need to learn how to oversee virtual teams.
Along with telecommuting comes outsourcing -- they nearly go hand-in-hand. Businesses transitioning to online operations can often outsource project work and sometimes even hourly work to individuals across the globe.
This can help reduce the cost of doing business substantially at a time when cutting unnecessary spending is absolutely critical to the continued operation of the business. Managers should take time to learn how best to communicate with outsourced partners, particularly if your business is outsourcing globally.
This year also finds managers working hard to streamline productivity so more gets done in less time. Businesses are unfortunately having to reduce their workforce, leaving the same amount of work to do and fewer people to do it. Managers should learn how to streamline productivity with various tools to keep employees on task, particularly when telecommuting.
AI has grown exponentially in recent years, and there’s never been a better time to adopt artificial intelligence solutions than now. Automation can help your company speed up critical processes and reduce labor costs. In 2020, managers should have a robust understanding of how to employ AI for various projects.
Although companies are changing their organizational structure, which likely includes many employees working from home, it’s still important to create a positive company culture. In uncertain times when businesses are cutting costs and the future is largely unknown, employees are nervous about their job security and if their employer will provide them with necessary tools to stay safe at work and while working from home.
This year, managers should focus on creating a company culture that employees are proud to be a part of. What that looks like is different for each business -- it could be as simple as extending more sick days and paid time off, or publishing encouraging content on social media.
Employees are looking for jobs that support their work-life balance. Few of today’s valuable workers are willing to put their personal lives on hold in favor of work as has been common in years past.
They want to be able to balance their hobbies, personal goals, and family life with work and are likely to seek alternative employment if they feel their job isn’t supportive of their home lives. In 2020, managers need to discover ways to give employees the support they need to manage both their careers and their personal lives.
In this year’s precarious business climate, it might seem counterintuitive to invest in manager training. After all, companies are trying to cut costs, not incur them.
However, by providing your executives with the support and training they need as business changes drastically can mean the difference between closing your doors or staying open. Your managers will need new skills to oversee virtual teams, create a positive company culture outside of the four walls of your business, and ensure that skeleton crews and outsourced partners are staying productive. A comprehensive management training program can help.
MgmtWatch offers on-demand, remote management webinars that can be watched anytime, anywhere to help you restructure and streamline your strategies under the pressure of this year’s dramatic impact to businesses across the globe.
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