Bad bosses cost UK business £19bn a year

15 Nov

Three quarters of workers waste two hours every week because of micro-management, poor communication and a lack of support and direction from their bosses, according to a survey by the Chartered Management Institute.

Poor leadership and management inefficiency is costing businesses up to £19bn per year. Not only that, but 13% of survey respondents said managers exhibited discriminatory behaviour towards employees based on gender, race, age or sexual orientation.

Christopher Kinsella, CMI acting chief executive, said: “With only one in five UK managers holding a professional management qualification, and many organisations not properly investing in management training, it’s not surprising that some managers are making mistakes in how they work.”

 

 

 

 

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