Two weeks ago, I participated in a mentoring session with one of our mentors Jos Deslee. The question for Jos was: ‘How can I convince my management team that investing in leadership development is important, knowing that for them, costs should be, by definition, minimized’?
Jos’ answer was straightforward: ‘If you have good leaders in your company, you need fewer managers. That’s probably one of the best cost savings you can propose to your management team”.
Complete silence… that was not the answer she expected.
It made me think, and I can confirm that Jos was right.
When companies grow, they often create more management layers, meaning they have to appoint more so-called middle managers. Hiring these profiles is expensive. On the one hand, there is their salary (the typical middle manager has a minimum of 10 to 15 years of experience and is often locked in a so-called golden cage, so if you want the good ones, you have to offer them a very competitive salary). On the other hand, there is the recruitment and training/onboarding cost.
The reasoning behind this is the following: when we grow, we need to delegate more tasks from top to bottom (so far, the logic is correct), and therefore, we need more ‘middle managers’ to control the ‘bottom’ is doing. This is where it goes wrong.
So basically, we end up with an organization with a large and expensive layer of middle managers whose main task is to control the level(s) below.
Without a decent leadership development program, these middle managers will behave as real ‘managers’ because they don’t know better:
Plus, they spend a lot of their time in useless meetings.
Even worse, the chances are high that their ego grows after a while. Consequently, they get engaged in all kinds of political (and toxic) games with only one purpose: protecting their power (and the status quo) and keeping their golden cage locked.
You don’t want to calculate the ROI of these middle managers…
The question is: how to boost the ROI of these expensive middle managers?
The answer is simple:
The ROI will be significant:
Result: the three groups (the leaders, those coached by the leaders, and the experts) are more motivated, less frustrated, and more engaged and, consequently, perform better
I don't think you need an advanced degree in math to know that their ROI will increase significantly.
A solid internal mentoring program combined with external mentoring is the ultimate way to turn your managers into real leaders.
Mentoring means learning from other experienced leaders in a practical, hands-on way to impact behavior directly. Mentoring is based on a trust-based sounding board relationship whereby the mentor’s primary motivation is to make the mentee grow.
Ambits helps build internal mentoring programs (from process to methodology, tooling, and training) and offers external mentors with a proven leadership track record for individual and group mentoring.
Ambits offers business mentoring to different audiences. Our mentor community is equipped to help them with their specific leadership challenges. Discover below what Ambits can do for you.
Our newsletter is about leadership development through business mentoring.