Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

Half of UK managers feel their gender or age has diminished colleagues’ confidence in them

Half of UK managers feel their gender or age has diminished colleagues’ confidence in them

Women are five times more likely to feel that their gender hinders confidence in them in the workplace  

A new report amongst UK managers reveals attitudes towards training and confidence in the workplace. Worryingly, women were five times more likely to feel that their gender hinders confidence in them, with a fifth (20%) of female managers admitting they would rather be managed by a male colleague.

When it comes to confidence in their own abilities, almost half of men (48%) said that they were very confident in their management skills, compared to 30% of women.

The findings also revealed that age played a part in management attitudes, with 68% of young leaders (20-24) saying they felt their age hindered colleague’s confidence in them as a manager.

However, when asked about who they perceive to make the better managers, respondents said it would be the person who was most qualified to do the job (44%).

Despite a clear importance placed on training and qualifications, 18% said they had asked for training and not received it. 83% of managers also said they had heard excuses for a lack of training such as it was too expensive (45%), the company was too busy (42%) and that staff should be paying themselves (19%).

The data, commissioned by AVADO, also found that half of UK managers (50%) feel their workplace doesn’t do enough to invest in digital literacy, a vital skill in modern management.

‘From our research, It was disappointing to see the negative impact gender and age had on confidence in management capabilities, but encouraging to see the powerful impact that being qualified can have on employees. At AVADO we recognise the importance of access to high quality training, helping managers across the UK to build on their skills. Our new qualification, in partnership with CMI, also allows us to ensure that employees in management don’t get left behind in this fast-paced, digital age by helping to grow their digital skill set at the same time.’

Amy Crawford, Managing Director, AVADO

Worryingly, just under a third (30%) of those concerned admit that their company many not be investing digitally due to widespread digital illiteracy throughout the company, with just under one in ten (7%) even saying they feel their bosses don’t want them to be more literate them they are.

In an attempt to tackle this, digital transformation experts AVADO have partnered with CMI to launch a revolutionary new online qualification in leadership and management. The Level 5 Diploma will cover the key topics that apply to traditional leadership and management skills but will also apply a digital lens to ensure managers are able to use what they have learned in a digital context.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post