The role of a manager In today's rapidly changing workforce has never been more crucial—or more challenging. With the pace of retirements accelerating, as highlighted by the Labour Force Survey, we are witnessing a significant shift in the demographics of our workforce. The survey estimates that 266,000 people retired in the prior 12 months as of December 2022, representing a 17% increase over the previous two years. This trend is expected to continue, with nearly 900,000 workers projected to leave their jobs in the next three years.
Source: TD Bank “The Greying of Canada’s Population” https://economics.td.com/ca-demographics
As seasoned managers retire, a gap in skilled leadership is emerging. According to the latest census data from 2021, the ratio of older to younger workers varies significantly by occupation. For instance, in senior management roles, the ratio of older workers (55 and above) to younger workers (25 to 34) is a staggering 4.13 to 1 . This imbalance underscores the urgent need to prepare the next generation of managers to step into these critical roles.
Source: Statistics Canada as cited by CTV News https://www.ctvnews.ca/canada/it-will-get-worse-over-the-next-10-to-15-years-what-to-expect-from-canada-s-labour-market-as-the-workforce-ages-1.6652530
However, promoting top performers to management roles based on their success in non-management positions often leads to a mismatch of skills. As Jim Harter, Gallup’s Chief Scientist, points out, the talents that make someone excel in sales, accounting, or other specialties are not the same ones that ensure success as a manager or leader . This disconnect can leave new managers feeling unprepared and overwhelmed.
Source: “Why 50% of New Managers Are Not Ready To Lead.” https://www.leadershipfirst.net/post/why-50-of-new-managers-are-not-ready-to-lead
The Challenges New Managers Face
New managers often grapple with a range of challenges as they transition into their roles. These include setting the right tone, building key relationships, understanding HR processes, fostering team engagement, and navigating the complexities of organizational culture. Without the right training and support, these challenges can impede their ability to lead effectively and build high-performance teams.
The Importance of Managerial Training
To address these issues, it is essential to equip new managers with the skills and knowledge they need to succeed. Proper training can help them develop resilience, create effective development plans for their teams, establish professional relationships and boundaries, and onboard new employees smoothly. It also prepares them to handle probation periods, understand business culture, and spend meaningful time with departing employees to gather valuable feedback.
RPM-Academy's Certificate in Manager Essentials
Recognizing the critical need for comprehensive managerial training, RPM-Academy has developed the Certificate in Manager Essentials. This program is designed specifically for new managers, supervisors, and those struggling in their current roles. The 16-module course covers a wide range of topics, including:
Getting the Most out of Your Manager's Playbook
Setting the Right Tone
Building Key Relationships
Working with HR
Resilience as a New Manager
Improving Your Team With Development Plans
Encouraging Engagement
Professional Relationships and Boundaries
How to put a Playbook Together
Onboarding Staff as a New Employee
Connecting Employees to their Purpose
Probation Periods: what are they good for?
When Onboarding Goes Wrong
How to Understand New Business Culture
Spending Time with Departing Employees
Buddy Systems
Why Enroll Now?
With the ongoing wave of retirements and the resulting skilled labor shortages, now is the perfect time to invest in your managerial skills. Whether you are new to the role or looking to enhance your current capabilities, the Certificate in Manager Essentials will provide you with the tools and confidence needed to lead your team to success.
As part of our current Flash Sale, you can enroll in this comprehensive program for just $19.95 CAD, a savings of 33% off the regular price! Don’t miss this opportunity to advance your career and make a significant impact in your organization.
Ready to take the next step in your managerial journey? Enroll in the Certificate in Manager Essentials today and unlock the potential to become a high-performing leader. Visit RPM-Academy to sign up now and take advantage of our limited-time Flash Sale.
Equip yourself with the essential skills needed to navigate the complexities of management and lead your team to new heights. Your future as an effective, inspiring manager starts here.
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