Develop your management team
Building the team
You might like to consider the following stages in developing your management team:
- Review your business' progress to date and decide what direction you want it to go in. See our guide on how to review your business performance.
- Measure your performance in the market against your competitors, analyse any strengths, weaknesses, opportunities or threats, commonly known as a SWOT analysis, to identify what gaps there are between where the business is and where you would like it to go. See our guide on how to turn underperformance into high performance.
- Analyse what skills the business requires and consider what strengths and weaknesses you offer personally. See our guide on skills and training for directors and owners.
- Learn the skills, potential and ambitions of your existing staff and consider less-defined skills such as leadership qualities. See our guide on how to use appraisals to manage performance.
- Establish priorities for the acquisition of missing skills and analyse the fit of skills of existing staff to business requirements.
- Establish where staff development could fill skills needs and consider reallocation of responsibilities to create a genuine team, rather than a group of individual managers.
- Re-examine any skills gaps.
- Consider other options such as consultants, outsourcing, contract workers etc, with a cost/benefit analysis.
- Look to permanent staff recruitment - where possible it is best to plan ahead by recruiting for future positions and anticipating any prospective skills gaps.
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