British firms typically lag international peers in terms of productivity and their ability to scale. This amplifies the challenges posed by competition, innovation and digital disruption that are affecting every industry.
In every corner of industry there is a long tail of under productive firms that struggle to adopt best management practice, make long-term decisions about talent, challenge current working practices and favour short-term fixes over long-term ambitions.
While significant government attention is being paid to supporting product innovation and emerging technologies, it’s within businesses that leaders and managers can make lasting changes to how we do business.
Particularly in smaller businesses, many managers are expected to perform without specific training and development in leadership skills, let alone formal qualification programmes to support their development.
So is it any surprise that we find ourselves in this situation? And what can be done about it?
The key challenges can be summarised as:
1. Having an open mindset to fully embrace opportunities rather than resist change
2. Ambition backed up by investment
3. Collaborating with customers, industry and supply chain partners to create better solutions
4. Making better use of measurement and data to inform decision making and benchmark performance
5. Effective employee engagement to get the maximum contribution from existing talent
The good news is that the solutions are well documented, delivery frameworks proven and investment levels relatively small.
Melius works with client businesses to help them address these challenges, benchmark management performance and adopt internationally accepted good management practises. These in turn stimulate key individuals, support succession planning and the retention of an organisations key team members.
At a practical level, significant strides can be achieved through the delivery of in-house management development programmes to provide new managers and those without formal management training with the core skills to undertake their role effectively.
Vocational leadership and management qualifications provide an objective framework and validate skills gained. Our talent development team work closely with client organisations to select the most relevant options and the most useful practical assignments to embed learning in the workplace.
Employee engagement and corporate culture underpins return on investment, with maximum benefit accruing to those organisations where managers are able to fully apply their new knowledge and skills for the benefit of the business.
Designing the right solution for your business therefore requires a combination of forward thinking leadership, awareness of global management best practices, skilled delivery resource and the ability to deliver within a recognised educational framework if qualifications are to be achieved by participants.