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Why Managers struggle to add value
Managers often struggle to add value to their companies due to being overwhelmed by constantly putting out fires and dealing with crisis minutia, which leaves them little time to strategize for the long term. Research shows that 65% of managers actually add negative net value to their companies due to focusing disproportionately on their worst employees instead of their top performers. It is more effective for managers to invest time in their stellar employees as the payoff is exponential. Additionally, the likelihood of making substantial improvements with problem employees is low in the medium to long term as managers often lack the resources and skills to address their issues effectively.