7 Signs Your Management Team is Under Performing
For many business owners, creating a self-functioning business is the dream. Whether temporarily or permanently, you should be able to leave your business and know it will continue ticking over and running smoothly. And how is this achieved? Management.
Without effective management, your business cannot reach its full potential. So, it’s important you know how to spot when management staff are off the mark. Read on for 7 simple signs that your management team aren’t performing as they should.
Management is about hitting targets. Whether it’s KPIs for each employee or tracking the department as a whole, your management team should be aware of the targets from top to bottom. If they aren’t aware of these targets, or don’t know how they’re performing in relation to them, then they’re simply not doing their job.
While you want to reduce your responsibility in the company, you don’t want to be removed from the loop completely. Your management team is responsible for informing you about company decisions, growth or even losses. Failure to do so is a big part of their job left out.
3. Working environment
Check out the working environment that your management team has created. Is it a happy one? Management staff shouldn’t have to create a hostile working environment to achieve targets, so it’s important to check they are doing their job properly in this sense.
4. Roles and delegation
Another way you can benefit from the working environment is by interacting with staff. Check whether people know their roles and responsibilities, and whether this matches what your management team report.
How is your business growing under the current management? Check profits, staff numbers and output to determine whether your business is growing sufficiently. If it is, great. If not, speak to the management to see why.
6. Blame game
There could be a number of factors causing a business to slump or fail to grow. But it’s up to your management team to identify these. Simply blaming their staff isn’t going to wash – it’s their job to recruit the right staff in the first place and manage them effectively.
7. Are you intervening
The final way to determine whether you have effective management in place is your involvement in the business. If you find yourself having to intervene too often, then they clearly aren’t working effectively.
So, what’s the verdict?
If, after your re-evaluation, you’ve determined that your management team are under performing, it’s up to you to explore your opportunities. Decide whether you want to promote from within or recruit new talent. And, most importantly, make positive changes that won’t land you in this position again and again.