The true cost of a bad manager ...Middle East

Economy by : (Quartz) -
Bad managers have a knack for making everything worse.It’s not just that they’re unpleasant to be around, that they communicate poorly, don’t ask for feedback, and fail to give good feedback to others. They’re also very, very bad for business.Humu, the workplace software company led by former Google HR chief Laszlo Bock, points out that bad managers cost US companies at least $960 billion per year. This is according to Gallup data from 2019—and it likely underestimates the true cost, Bock adds. (More recent data from Gallup’s 2021 State of the Global Workplace report (pdf) show that a lack of engagement—a result of bad management—costs the global economy $8.1 trillion in lost productivity ea

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