Forty Percent of New Managers Fail Within the First 18 Months

Becoming a leader in a company is a very important step in an employee’s career, but it also brings along a set of challenges. Most managers state that when they start managing others, they realize they are not ready for leadership and have not received any managerial training.

The biggest challenges managers face include dealing with issues among team members, motivating the team, conducting performance evaluations, finding the necessary resources to support the team, and determining the team’s career path. While being promoted is exciting, it also carries personal risk. Most companies select first-time managers based on their performance in their current position. This method assumes that people naturally know how to manage. Considering that good management is a critical factor for success, it seems that organizations are leaving things somewhat to chance.

Newly promoted managers need to adapt to their new positions as quickly as possible. Those who find themselves alone in this process may fall into despair and lose confidence.

The E&E Group “First 111 Days Coaching Program” guides them through the first months of this challenging journey, helping them prepare for their new roles and supporting them in developing plans for the first three months, six months, one year, and even two years. Some topics include:

• Basic managerial skills• Conscious planning

• Self-awareness and interpersonal skills

• Supporting the development of specific skills such as communication, delegation, conflict management, team building, and persuasion

• Fast action – moving forward quickly and accurately• Emotional support, empathy, and encouragement

• Enabling the emergence of new skills

Success in new roles is shaped within the first three to nine months after a leader is promoted. Leaders coming from outside the company face additional challenges such as quickly understanding the new culture and knowing how things are done.

The E&E Group “First 111 Days Coaching Program” helps individuals adapt to their new roles and, during the transformation process, align with their new missions and roles alongside their new teams, reaching peak performance.

E&E Group coaches support leaders during transformation processes in areas such as rapid integration, realistic planning, building strong teams, creating a positive impact, and quick and accurate implementation.

Some topics include:

• Understanding the main challenges during the transformation process

• Avoiding micromanagement

• Establishing effective communication with the team

• Confidence building

• Gaining the ability to persuade others

• Detaching from the previous role

• Creating a profile of the company, market, or position• Starting with the end in mind

Some companies neglect the training of new managers, thinking they will get used to their duties over time. However, in the long run, this will result in mistakes made by the new manager, decreased morale of both the manager and their employees, and consequently reduced productivity. The question companies should ask is: “What is the cost of this new manager’s failure?”

With this knowledge, companies will be able to make the right cost-benefit decision regarding training and coaching.