5 ways managers add value to organization
Many young managers have questions about how they add value to the organization. In this blog, I will provide 5 ways, managers add value to their organization.
Many young managers are in doubt when they take up manager roles. The doubt is about adding value to their organization.
The doubt arises because, as an individual contribution, one is clear that by implementing the feature and getting it released the organization makes money in some way. But managers don’t code, so how do they add value?
This is one of the typical questions asked by many young managers.
In this blog, I will talk about the 5 ways young managers add value to the organization. And some tips to improve them for better outcomes.
The Ways
The following are the foundational ways managers add value to their organization.
#1 Ensuring Timely Delivery
Adopting agile methodologies and tools like JIRA streamlines development activities. This minimizes delays and maintains momentum on every project.
This in turn contributes to faster time-to-market for new features or products.
The timely releases of software updates or new product versions will help organizations significantly improve customer retention.
#2 Improving the quality of releases
Organizations must improve the quality of releases to maintain their reputation and long-term success by adopting practices like automated testing, code review, and continuous integration (CI/CD).
High-quality releases reduce the need for costly bug fixes and help in minimizing the number of downtimes needed.
By making sure, the releases meet the quality requirements, it will support the organization’s goal of being seen as a reliable software provider. This drives repeat business and could attract new customers.
#3 Attracting and retaining talent
Attracting and retaining talent is essential for any organization. It fosters growth by creating a vibrant, inclusive and engaging work culture.
Focusing on employee development and satisfaction reduces attrition and ensures the organization has a strong, skilled team to achieve its goals.
Managers who can retain talent will ensure a steady pipeline of innovative ideas and solutions, which in turn helps the organization adapt to a rapidly changing market.
#4 Driving continuous improvements
Continuous improvement helps optimise processes and enhance productivity through regular retrospection and process evaluations.
This reduces wastage that has been created due to process overheads.
Identifying inefficiencies and making necessary adjustments, will lead to cost savings and better resource utilization.
#5 Managing risks effectively
Effective risk management is crucial for safeguarding the organization’s assets and ensuring trust, with the customers.
This will help avoid any delays or impact on the organization’s revenue.
By proactively identifying potential risks, developing mitigation strategies will help organizations avoid costly compliance fines, data breaches, or other damaging events hindering growth.
The Tips
As a manager, it becomes important to make sure the above ways are continuously improved so that you continue to add value.
Here are a few tips to improve the ways consistently.
- Encourage a culture of quality
Emphasizing quality regularly ensures a lower defect rate which reduces rework resulting in higher customer satisfaction. - Focus on team members' development
When your team members see a clear path for growth, they are more likely to stay with the company, reducing attrition and retaining valuable talent. - Encourage experimentation and innovation
Promote an environment where team members feel comfortable experimenting with new ideas or tools that could lead to innovative solutions. - Conduct retrospection regularly
Regularly evaluating processes, tools and others will open an opportunity to identify areas of improvement that will lead to continuous improvement. - Proactive communication
Encourage open communication about risks to inform everyone about potential risks and mitigation efforts to ensure quick and coordinated responses to unforeseen challenges.
Final Thoughts
Managers who understand their role and help in achieving the above 5, then their organization will be able to,
- maintain trust with the customers,
- get more repeat business and attract new customers,
- innovate continuously,
- avoid wastage due to process overheads or inefficiencies,
- and avoid costly fines, data breaches or damaging events.
The above 5 ways can be performed only by a manager rather than anybody else in the team.
How a manager ensures the above 5 ways get implemented is where the challenge and accountability lie.
With the help of the above five ways, managers can make their roles more interesting and engaging and in turn contribute to the organization’s overall growth.
Happy management!
Further reading
- Procrastination is a Manager’s nightmare
- How does perception matter for Managers
- Time management tips for managers
- Don’t like being in a manager role
- Free Udemy Course: New Manager - Learn to become successful
