The Purpose of Management Training

by Melissa Hopkins; Updated September 26, 2017
Management training can have a beneficial effect on the bottom line.

Management training can be essential to the success of a business, Managers have extensive responsibilities in a company, from handling employee relations to making sure the business remains profitable. Since management responsibilities are complicated, and not exactly self-explanatory, management training can be very important to keeping a company on the right track.

Legal Compliance

An important element of management training is understanding state and federal employment laws. Some of the legal issues for which managers may be trained include laws governing discrimination, harassment, workplace safety, termination of employment and documentation requirements for new hires. The purpose of this type of training is to prevent legal liability on the part of the business, by ensuring that the business is in compliance with employment laws. Managers may be trained in procedures for reporting legal issues, maintaining appropriate documentation for employee files and handling discrimination issues.

Planning

Managers are responsible for planning and implementing the essential tasks needed to reach long-term business goals. For example, some of these long-term objectives could include expanding into new markets, increasing company size, switching to new suppliers or redesigning existing product lines. This type of management training is designed to help managers prioritize business objectives, and integrate those goals into a system of day-to-day task delegation. Training may include learning how to organize tasks and delegate duties effectively.

Maintaining Standards

Management training can also involve teaching managers how to maintain company standards. Maintaining employee standards can include assessing employee performance, ensuring adherence to the company’s code of conduct, and taking appropriate action when employee standards are not met. Maintaining service or product standards can include monitoring customer service issues or maintaining product quality. This type of training can be essential to maintaining a work environment in line with the company‘s culture, maintaining important business relationships and retaining customers.

Leadership

Leadership is an important aspect of effective business management. Some of the areas that require leadership abilities include motivating employees, handling interpersonal problems and making sure employees understand expectations. Some of the skills leadership training could teach include motivational techniques, conflict resolution, negotiating skills and communication skills. This type of training can be valuable in ensuring greater efficiency in the work flow throughout the company.

Ensuring Profitability

Managers are responsible for coordinating all of the different aspects of the business to gain an accurate picture of the overall success of the business model. Management training teaches managers how to assess the business model, and make changes when necessary, to ensure profitability. For example, changes could include weighing the pros and cons of a technology upgrade, finding ways to reduce operating costs, or deciding whether to raise or lower product pricing. The purpose of this type of training is to ensure that objectives and profit projections are being accurately assessed and that the business plan is working to maintain the financial success of the company.

About the Author

Melissa Hopkins began writing for the Southern Illinois University newspaper in 2000, where she won several awards. After completing her Bachelor of Arts in English from Southern Illinois University in Edwardsville, Hopkins moved to San Diego, where she worked as a stringer for various publications with the Pomerado Newspaper Group.

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  • balance sheet image by Darko Draskovic from Fotolia.com
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