The 5 Key Benefits of a Leadership Training Course For Mid-Level Managers

The 5 Key Benefits of a Leadership Training Course For Mid-Level Managers

There is no country, industry sector, company, or individual that hasn’t been impacted by the intensifying rapidity of disruptions around the world. Businesses are grappling with how to adapt, survive, and thrive. Leadership and management agencies across all spheres realise that employee training and development programs are vital for business competitiveness and growth.

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Mid-level managers have to be enthusiastic, energetic, experienced in navigating disruptive changes, and lead by example. Therefore, heads of human resources (HR) across companies invest in leadership development courses for mid-level managers. It justifies an optimal return on investment(ROI), and all this is due to 5 key benefits of such a course:

1.  Becoming execution champions of business strategy and goals

While management sets and refines business goals and overall execution strategy, operational success depends on real-world execution. Active participation in a top-quality leadership management program empowers mid-level managers with the management skills and competencies necessary for successful strategy execution and business goal achievement within their functional areas of operation.

It equips them to comprehend the big business picture, identify their individual and team execution roles, and contribute like champions.

2.  Capably managing all-round communication and collaboration

Mid-level managers are at the crossroads between the top management, their counterparts in other operational functions, the internal team, and external partners. Soft skills sharpened in the leadership management program greatly enhance their ability to be the flag-bearers of ensuring accurate, timely, and polite communication at all times between everyone.

It also sensitises them on the emotional intelligence necessary to shoulder this crucial responsibility — a collaboration between people, especially in stressful situations.

3.  Building agility, resilience and proactiveness in operations

A Forbes article highlights the importance of agility for business success. Leadership development courses make mid-level managers comprehend that agility is no longer just an essential individuality trait. Instead, agility is meant to be practised across the length and breadth of any business — team members, technology and processes. Why?

Three reasons:

To respond swiftly and adapt to external changes

To build proactive responsiveness that can capitalise on opportunities that crop up on the go

To build resilience, especially to prevail during stressful situations

4.  Propagating the value of continuous learning and innovation

Mid-level managers are team leaders and potential change agents of performance improvement, learning, innovation, and productivity. A leadership management program makes them see the need to strengthen all the links in their chain of team members! They can inspire their team members to participate willingly in employee training and development programs.

Upskilling and reskilling fosters innovation that can enhance productivity or introduce novel ideas of value throughout the organisation.

5.  Building a workplace that best resources what to join and stay

The extraordinary increase in employee attrition globally, lack of skilled resources, and automation have created a challenge for organisations and their teams. A leadership management program makes mid-level managers realise they can grow only when they create a work environment that attracts the best resources and invests in developing their talents and skills.

When the best talent prefers to stay put in a workplace, it is an invisible competitive advantage. In addition, mid-level managers also learn change management and how to deal with people’s reactions to change.

Conclusion

Enterprises prefer to train their mid-level managers at Imarticus for these benefits. They value the quality of these programs, which have been designed by 800+ experienced trainers. Since these programs are customisable as per business needs, they are better suited for the varying priorities of different businesses.

Over 200 organisations use these programs to train their resources for being future-ready. What more assurance can any business want for training their mid-level managers?

The common traits of leading CFOs in the world of finance

The common traits of leading CFOs in the world of finance

The role of the Chief Financial Officer is to ensure that financial operations get conducted efficiently and effectively, which in turn helps the business run smoothly. They also play a crucial role in ensuring that the company’s accounting and reporting processes are accurate and reliable. 

As such, every CFO needs to have strong leadership qualities and technical expertise regarding their areas of responsibility within finance departments worldwide. This post briefly explains the common traits of leading CFOs in the world of finance.

  • Strategic focus 

The Chief Financial Officer needs to lead the way in ensuring that a company’s financial strategy, accounting, and reporting processes are accurate and reliable. They must explain this information so all stakeholders can understand it within their organization.

  • Relationship building 

The CFO plays a pivotal role in representing the finance function in meetings and presentations with members of the executive team as well as external stakeholders. Therefore, they must have strong communication skills and can build relationships with different stakeholders.

  • Commercial awareness 

The CFO needs to understand a business fundamentally and turn what they know into actionable plans. Excellent commercial awareness is, therefore, crucial for success. As with any industry, there are always trends in play—from economic cycles to consumer preferences—that affect competition between companies within a given sector. 

  • Broad understanding of business operations 

A good CFO should understand the business and its operation broadly. This may include marketing, HR, and IT knowledge, among other things.

The CFO must have a broad understanding of the business and its operations. This will allow them to make informed decisions that reflect what is best for the company rather than just focusing on short-term goals or personal gain.

  • Analytical ability

One of the most critical skills for CFOs is their analytical ability. They need to be able to interpret data and use it effectively to make decisions. As an aspiring CFO, you’ll need both skills in data analysis and an understanding of where your firm stands compared with others around you.

The role of the CFO is a critical one. They are also responsible for managing a company’s finance function and ensuring that it operates effectively to achieve its goals and objectives. This means they need to be able to interpret data effectively, have strong analytical abilities and communicate their findings clearly so that others can understand them.

Explore A Career As Financial Officer with Imarticus Learning

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This 12-month IIM Indore chief financial officer course gives students a thorough understanding of financial services and management.

Once students have completed the strategic CFO training, they’ll receive a Postgraduate Certificate Programme for Emerging CFOs from IIM Indore.

Course Benefits For Learners:

  • Learning from and interacting with top CFOs can help you develop practical financial knowledge and steer organizational transformation.
  • The basics of capital structure, treasury, and risk management will get mastered by students in addition to contemporary topics like evolving CFO roles, Fintech, and tech-driven financial services.
  • The Postgraduate Certificate Programme for Emerging CFOs collaborates with IIM Indore, focusing on finance professionals.

Contact us through chat support, or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad.