Ready for the Upturn? The Good News and the Bad News

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IEDP (2013): Although there is much positive to report, new management research reveals some serious gaps that organizations must address to ensure they thrive post-recession. IEDP's Peter Chadwick takes a look at The Ashridge Management Index 2012/13 by Fiona Dent, Jan Rabbetts and Viki Holton, a survey of over 1,100 UK managers, which reveals that 84% of managers are upbeat and say their organization is well placed to prosper from an economic upturn.

80% [of employees] would recommend their organization as a good place to work,

The Good News: Based on information in The Ashridge Management Index 2012/2013 (accessible here) half of the managers surveyed say their organization suffered in the recession, however two-thirds are optimistic about the future. Specific responses indicate that:

1) Leadership is highly rated – 81% believe their immediate manager is effective, and 75% say their top leaders are effective.

2) Employee engagement levels are high – 80% would recommend their organization as a good place to work, and 92% are proud to work for their organization.

3) Most managers feel valued – 75% believe top leaders value their contribution, and 89% say their own manager values their contribution.

4) The success of change initiatives – 62% believe the benefits anticipated for change initiatives are achieved, 90% saying that leading/ managing change is a significant part of their role.

The Bad News: The report does however reveal a number of worrying shortfalls in management and leadership, which need to be addressed.

1) Leadership communication skills weak – 49% of top leaders spend enough time communicating with staff, and just 52% of top leaders are rated for communicating clearly.

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Daniel Chadwick
iedp
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