Featured image: courtesy of CMI Undoubtedly, the times we are facing are challenging. The Coronavirus pandemic has changed the socioeconomic landscape globally. Now, more than ever, great management is of utmost importance. In these unprecedented times, CMI provides the resources to managers of all levels to cope with the crisis. Useful resources CMI is providing … Continue reading “How is CMI addressing the COVID-19 crisis?”
Undoubtedly, the times we are facing are challenging. The Coronavirus pandemic has changed the socioeconomic landscape globally. Now, more than ever, great management is of utmost importance. In these unprecedented times, CMI provides the resources to managers of all levels to cope with the crisis.
CMI is providing tools and resources to deal with the Coronavirus crisis for managers at the webpage titled “Leading through the crisis.” The web page is updated on a constant basis. Existing members can benefit from, ManagementDirect the resource containing “tools, guidance and checklists to support workplace activity.” In addition the Career Development Hub provides the tools to boost career performance. End Point Assessment partners can get relevant information on the EPA web page and in the CMI Partner Portal.
Every week CMI CEO, Ann Francke OBE, is delivering a CMI #BetterManagers Briefing webinar to support the CMI family and wider community. Below you can find the briefing delivered on Friday the 17th of April 2020.
CMI is offering a series of helpful articles with respect to flexible working, crisis management, mental health and wellbeing, the new employment landscape and the new good governance. Please follow this link to view al. In addition CMI offers advice about managing change and a redundancy support package. Finally, CMI has launched “the Better Managers Manual, a practical, go-to guide full of resources and advice for managers and leaders to help navigate through the impacts of COVID-19.” To download the manual please follow this link.
Get involved on social media using the hashtag #BetterManagers
CMI has just announced its new Manifesto that outlines priorities for the next government.
” To power the UK’s success it’s time to eliminate the Accidental Manager” Source: CMI
CMI Manifesto 2019
One of the focal points of the Manifesto is that Brexit creates an uncertainty of Britains future relationship with the EU. As witnessed during the last three years of this particular uncertainty, there has been a lot of damage caused to “business confidence” and “cooling of investment decisions.”
To read the CMI manifesto for more information with respect to policies, and their benefits please click here.
Therefore, CMI is calling the next UK government to take action and use every resource available ” to maximise the UK’s productivity and weather a slow-growth future. ” CMI is emerging the Upskilling of UK managers as this is “a key way of generating tangible economic benefit.”
CMI is calling on the next government to drive forward three key policy priorities: Embed employability at every stage of UK Education Drive-up management and leadership skills Make the UK No.1 for Inclusive Workplaces
Watch CMI Chief Executive, Ann Francke, explaining the reasons she thinks that now is the time for the next government to transform management and leadership in the UK.
To power the UK’s success, it’s time to eliminate the Accidental Manager
Ann Francke, CEO CMI
“The Chartered Management Institute (CMI) works with business and education to inspire people to unleash their potential and become skilled, confident and successful managers and leaders..With a wealth of practical qualifications, events and networking opportunities on offer throughout the UK and Asia-Pacific, CMI helps people boost their career prospects and connect them with other ambitious professionals in any industry and sector. In fact, CMI has more than 79,000 people training to be better managers right now. Backed by a unique Royal Charter, CMI is the only organisation allowed to award Chartered Manager status – the ultimate management accolade. CMI’s thought leadership, research and online resources provide practical insight on critical issues for a 132,000 plus membership community and anyone looking to improve their skills, nurture high-performing teams and help pave the way for the next generation of managers and leaders. For more information, please visit www.managers.org.uk Chartered Management Institute on LinkedIn, Facebook,Twitter and Instagram.” Source: CMI Manifesto 2019
There was never a better time to become a member of the Chartered Management Institute (CMI) as it is the only organization that acts as a chartered professional body for managers. CMI offers memberships to managers of all levels (aspiring and existing) and equips its members with cutting edge skills to help them perform best.
Formerly known as the British Institute of Management, it formed the UK’s first diploma in management studies 60 years ago. Since then, the Chartered Manager Institute (CMI) has been constantly developing management (training and thinking). Today CMI is the ‘only chartered professional body dedicated to promoting the highest standards in management and leadership excellence.’ CMI is counting more than 100,000 managers that use its ‘unique services on a daily basis.’
CMI is offering a series of highest quality qualifications that come along with many benefits for its members such as better performance, marketability and higher earnings. Moreover, recent research reveals that:
Over 85% of managers agreed their management and leadership qualification improved their performance and by transferring their new skills to the work place, almost all have seen a vast improvement in their teams’ performance too. 78% of employers agreed that qualifications provide quality assurance for customers and that the benefits outweighed the time, money and effort invested in obtaining them. More than 80% of managers say that taking a management qualification has resulted in increased professional recognition, with most stating that employers prefer qualified managers when recruiting. This was confirmed by a further 53% advising that their qualification had helped them in gaining a promotion.
You can watch a brief presentation of CMI resources, tools and development tools in the video.
CMI is dedicated to its vision to ‘Better led and managed organisations’, its mission to ‘Increase the number and standard of professionally qualified managers’ and core values that are: ‘professional, progressive, passionate, practical.’
Please click here to find out more about CMI’s qualifications. To download CMI’s qualifications brochure, please click here. Some help about choosing the best qualifications can be by clicking here. To find a study centre, please click here. For study support please click here.
‘Research from the Centre for Economic Performance at the London School of Economics proves that with the country scoring just 3.03 out of five for management best practice, behind the US (3.31), Japan (3.23), Germany (3.21) and Canada (3.14)’.
But why does this problem prevail? What is the root of the problem?
CMI’s research reveals that four out of five managers in Great Britain are ‘accidental’ managers (2.4 million people in leadership positions) that lack sufficient training or underperforming. In the article ‘The curse of the accidental managerCMI describes how ‘accidental’ managers are created. They are workers who excel in their positions therefore, they are rewarded with the managerial role without the necessary training. Several views about accidental managers have been expressed at CMI Midlands Regional Conference and awards at the ICC Birmingham. It is worth taking a look at what several managers think about the curse of accidental managers.
According to CMI’s Management Manifesto published in 2017, research reveals that effective management can benefit any organisation. Moreover, productivity and performance increase if managers undertake the necessary training. Furthermore, organisations that apply leadership development programmes are 32% more productive and have 23% better results.
CMI’s chief executive Ann Francke emphasizes on training and practice to achieve efficient management.
“The principles of management are stunningly simple, yet so few get it right. Being a good manager is about training and practice. A natural runner may have a talent for running, but they won’t win a race or complete a marathon without practice and training. The same is true for a good manager.”
Ann Francke, Chief Executive Officer, CMI
There are many managers who believe training is not necessary and fail to deliver outcomes as they find it hard to act according to their role. Others believe that hard work is enough and it can potentially help them overcome their deficiencies. Finally, some are unwillingly accepting managerial roles.
‘poor management is estimated to cost the UK £84bn in lost productivity a year – £9bn more than the £75bn that the Institute for Fiscal Studies has estimated could be lost every year by 2030 if the UK left the single market.’
CMI emphasizes on the government’s Apprenticeship Levy that is a funding scheme that may actually serve as a solution to the ‘accidental’ management problem. Funding from the scheme can be used by employers, to fund their apprentices.
CMI provides graduate students that join apprenticeship schemes with the Chartered Manager Degree status. In this respect CMI has worked closely with 40 Universities, colleges and several businesses and provides the Chartered Manager Degree Apprenticeship. The apprenticeship aims to help on the one hand students to get experience and training and on the other hand, employers to benefit from the government’s Apprenticeship levy.
Universities UK has said that the Chartered Manager Degree Apprenticeship could become the most popular of the new degree-level apprenticeships and could account for over a third (36%) of all new apprenticeships next year.
This new breed of professional fully-trained managers are
hope for businesses all over Britain as they are expected to play a pivotal
role to the increase of productivity that has been a huge problem for years.
Importantly, super managers will be highly-skilled and experienced individuals that will be able to combine science with their managerial instinct and intelligence in order to solve problems and help their business grow. Indeed this new era of managers is rising!
‘Judgement will be paramount in super-managers. They will understand the data and the human impact. They will combine digital aptitude with creative thinking, and the ability and the motivation to analyse data.’
Moreover, Maggie Buggie CCMI, global head of SAP Leonardo Services, recognizes that these new effective managers are going to become the norm as they will combine data science and emotional intelligence. Buggie characterizes the whole process as magical and recognizes that companies will constantly be in the need for ‘top-line growth.’
From my perspective, obviously for years during the ‘post digital era’ it has become quite clear that management should be combined to technology. The world has changed and pretty much every aspect of businesses has changed. All things considered the equation is not complete if the ‘social’ element is not there. This is how the Social-Super-Manager was born.