As the business world changes, your management style needs to be updated in order to maintain productivity, retention, morale, and overall competitiveness in the marketplace. As the landscape adjusts to a transition from the impact of COVID-19, there are lingering effects that are likely to significantly change how you must lead your employees. Learn more about the top management trends to adopt this year:
Upskilling Your Team
One of the most crucial business needs the pandemic highlighted was the ability to be flexible and adapt as quickly as possible to ever-changing demands. A key management trend to adopt this year is prioritizing upskilling your team on an ongoing basis, even if there is no immediate need. This will help build an adaptability mindset so your employees can learn how to pick up new skills in a nimble fashion.
Cross-Generational Engagement
As life expectancy continues to increase and professionals stay in the workforce longer, it is highly likely your team could be comprised of a variety of age groups with their own experiences, skills, and perspectives. As a leader, it will be necessary to figure out ways to facilitate engagement among cross-generational teams and help them understand, relate to, and collaborate effectively with one another.
Encourage Organic Diversity, Equity, and Inclusion
Diversity, Equity, and Inclusion (DEI) is a core value for organizations. However, putting it into action brings the risk of inadvertent tokenism. To encourage organic DEI, you need to make your workplace one in which people of a variety of backgrounds feel comfortable applying. Take a close look at what you currently consider “must-haves” in candidates, as well as “red flags,” and see if you could reduce them to prevent being overly rigid and open up your company to different types of applicants.
Strengthening Emotional Intelligence
The challenges of 2020 and into 2021 have resulted in many workers struggling with burnout and other mental health issues. In order to avoid losing valuable employees because of this, your management style needs to be updated to focus on conveying empathy to your team while still holding them accountable and encouraging their growth. Being open to having discussions, truly listening to their input, and consider their overall wellbeing.
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