For a simple reason: Your employees are not happy if you do not manage them well. You as a Manager need to ensure your staff is thriving and receiving a right balance of challenges and support. YOU are responsible for their progress; their success and happiness at work brings your company financial rewards.
How do I know this? Because your staff call me and tell me how unmotivated, unchallenged and unsupported they feel. I have people on the phone to me in tears because they have no idea what they’re doing at work or where they’re going. They have no motivation to work and 99% of the time they are already exploring other work opportunities with a more ‘switched-on’, supportive manager/ CEO. I know it’s hard to hear but it’s IT’S YOUR RESPONSIBILITY THEY PERFORM WELL.