A crisis of poor management is globally impacting workplaces, leading to heightened employee stress and disengagement. According to Gallup's 2024 report, employees in poorly managed companies are 60% more likely to experience stress. This crisis, costing the global economy $8.9 trillion, severely affects personal lives, with 83% of US workers feeling emotionally drained. The Chartered Management Institute states that 82% of managers lack proper training, revealing an urgent need for upskilling. Immediate organizational changes are crucial for alignment with UN Global Goals aimed at improving work conditions and societal wellbeing.
As much as this is an economic problem, it's also a societal problem because workplace stress and disengagement spill over into our home lives.
Gallup's report indicates that poor management practices contribute significantly to employee stress levels, highlighting the urgent need for effective leadership.
If organizations don't act now to implement solutions, they will fail to commit to the UN's goals for fair work and economic growth.
82% of all managers should be classified as accidental managers, being promoted to roles without proper guidance or training.
#workplace-stress #management-practices #employee-engagement #global-economy #training-and-development
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