Study Shows Why Managers Reject Great Ideas

The Strengths, Weaknesses and Blind Spots of Managers - CEO North America

Worldwide, the cost of poor management and lost productivity from not engaged or actively disengaged employees is $8.8 trillion, or 9% of global GDP. Changing how people are managed is perhaps the easiest way to boost productivity within organizations. Yet, the majority of managers receive little feedback on how effectively they manage their team. Less than half of U.S. employees (42%) report having the opportunity to formally provide feedback t…

Study Shows Why Managers Reject Great Ideas

Managers often overlook employee innovations due to risk aversion. UMD Smith researchers Vijaya Venkataramani and Kay Bartol found diverse networks--both managerial and employee--help ideas gain credibility and traction, fostering an environment where innovation is more likely to succeed.