LSA Global Insights Newsletter: Free Management Online Health Check How Do Your Managers Stack Up?

July 30, 2015

Free Management Online Health Check How Do Your Managers Stack Up?


Are your management practices hindering organizational performance and growth? 

Consider the following:
  • Bad managers exacerbate employee relations problems while effective managers decrease issues, claims and lawsuits. This is not a trivial matter. The number of claims by employees against employers increased by 2000% from 1969 to 1994 and by 70% between 1992 and 2003. Additionally, the average employee lawsuit costs $250,000 and the majority of cases are ruled in the plaintiff's favor when taken to litigation.
     
  • Bad managers negatively impact financial health. Companies with higher performing managers realize a 48% increase in profitability.
     
  • Bad managers negatively impact employee engagement and retention. Companies with higher performing managers realize a 30% increase in employee engagement scores and a 19% decrease in turnover.
     
  • Bad managers negatively impact customer engagement. Companies with higher performing managers realize a 17% average increase in customer engagement scores.
If you are worried about the performance of your managers, this ten-minute complimentary online Management Best Practices Diagnostic is for you. It benchmarks 14 high level management best practices based upon twenty years of high performance research to let you know where you stand.

Assess Your Management Practices

About LSA Global
Founded in 1995, LSA Global is a leading performance consulting and training firm that helps high growth technology, services, and life-science companies create a competitive advantage by powerfully aligning their culture and talent with their strategy. Learn more about getting aligned