Are you a manager or leader looking to take your career to new and exciting heights? Or, do you aspire towards management and leadership roles as the next stage on your career path?
Then you may have landed on the perfect blog post.
Here’s why.
In this post, you will be introduced to the career-boosting benefits of becoming a Chartered Manager via the CMI (and don’t worry, we will explain in the next section what becoming Chartered means and also explain who the Chartered Management Institute is).
Let’s address a misconception: Becoming a Chartered Manager is not just about adding another title after your name; it is about gaining access to a whole world of career, work and professional development opportunities.
What follows next is an exploration of leveraging the power of Chartered Manager status in your work and career to grow as an ambitious professional.
This post is for you if you recognise the importance of continuous development, especially for managers and leaders, through specialist qualifications like the ones offered by the CMI.
Let’s jump in if you are ready to crack the code to next-level career progression.
The Importance of Professional Recognition for Managers and Leaders (What the Research Says)
It is no secret that the most successful managers and leaders are often those who their peers or other respected organisations have formally recognised.
This professional recognition can come in many forms, such as awards, scholarships, certifications, and fellowships.
But what does the research say about the importance of professional recognition for managers and leaders?
A study published in the Harvard Business Review found that formal recognition from one’s peers is one of the most important predictors of success in leadership positions.
The study’s authors analysed data from over 1,500 CEOs and Senior Executives across various industries and found that those who had received formal recognition were more likely to be successful in their roles.
The study’s authors suggest several reasons why peer-recognised leaders are more successful than those without such recognition.
- Receiving formal recognition indicates that other people believe in your ability to lead.
This boost in confidence can lead to improved decision-making and better performance overall.
- Being recognised by your peers helps build a strong network of support, which is invaluable in navigating challenging situations throughout your career.
An Overview of Chartered Manager Status: Why It Matters for Professional Management and Leadership
Chartered Manager status is the highest accolade a professional manager in the United Kingdom can achieve.
The title is awarded by the Chartered Management Institute (CMI) and is globally recognised as a mark of excellence in management and leadership.
There are many reasons why having Chartered Manager status matters, both for individuals and organisations. A few include:
1. It demonstrates a commitment to professional development and excellence in effective management.
2. It raises the profile of managers and provides them with greater recognition within their organisation and beyond.
3. It gives organisations confidence that their managers have the skills, knowledge, and experience to lead effectively.
4. It helps organisations attract and retain the best talent, as employees are more likely to want to work for an organisation that invests in its managers’ development.
5. It provides a framework for managers to continuously develop their skills and knowledge, keeping them up-to-date with best practice in management.
6. It gives individuals a competitive edge in the job market, as employers increasingly recognise the value of Chartered Manager status.
7. It benefits your management career by opening up opportunities for career progression, both within an organisation and into senior management roles elsewhere.
8. It provides access to exclusive membership benefits, including networking events, professional development resources, and discounts on CMI qualifications.
Attaining Chartered Manager Status: A High-Level Overview
The process of attaining Chartered Manager status involves a comprehensive assessment of your management capabilities, experience, and the extent of your ethical and effective leadership.
“The CMI sets standards for professional management and therefore sets strict rules for professionals interested in becoming Chartered.”
It includes a review of your professional achievements, references and a rigorous assessment of your management skills through a professional interview.
The Three Routes to Achieving Chartered Manager Status
Route 1 – Full Assessment
You fit into this route if you:
- Possess a degree-level qualification focused on management, business, or leadership. And three years experience in a management role.
- You have management experience totalling five years (the equivalent of the CMI Level 5 qualifications in Management and Leadership)
How to register?
Enquire with ITonlinelearning to understand how to get started with this route.
Route 2 – CMI Fast Track
You fit into this route if you:
- In the last five years – have completed either an Extended Diploma in Management & Leadership (at either Level 5 or Level 6) or the CMI Diploma. Plus: possess at least three years of experience in a management role.
- In the last five years – you have completed either the CMI certificate, Diploma or Extended Diploma in Strategic Management & Leadership (at Level 7 or 8). Plus: have at least three years of experience in a management role.
How to register?
Enquire with ITonlinelearning to understand how to get started with this route.
Route 3 – Apprenticeship EPA
You fit into this route if you:
- Have completed the end-point assessment with CMI for any of the four apprenticeship standards (and must have the required relevant experience):
- Level 3 Team Leader/Supervisor
- Level 5 Operations/Department Manager
- Level 6 CMDA
- Level 7 SLMDA
How to register?
Enquire with ITonlinelearning to understand how to get started with this route.
Get started. Enquire with us to begin your CMI certification journey.
What Are the Benefits of Being Chartered? (Six That Matter!)
There are many benefits to being Chartered, but six practical benefits that we believe matter the most are:
1. 76% of people stated that being Chartered gave them the “ultimate competitive advantage.”
2. 81% of professionals saw their management skills improve due to undertaking CMI training.
3. 88% noticed a drastic improvement in their self-confidence.
4. Citing increased self-awareness amounted to 91% of people.
5. £13k is the average pay rise of a manager due to becoming Chartered.
6. £22.4k is the Chartered Manager’s additional contribution to the UK economy.
Further reading: The Value of Chartered Managers
Eight Ways (With Examples) To Leverage Chartered Manager Status in Your Work and Career
The globally-recognised Chartered Manager Status is the highest professional management and leadership standard.
Earning Chartered Status demonstrates your dedication to excellence in management and leadership and sets you apart from your peers.
Here are nine ways to leverage your Status in your work and career:
1. Use it as a marketing tool to attract new clients or employers.
- Including it in your marketing materials. Ensure your website, business cards, and other marketing collateral feature your status. This will show potential clients or employers that you’re a highly qualified professional committed to excellence.
- Using it in your elevator pitch. When networking or meeting new people, mention that you are a Chartered Manager. This will help give them a quick overview of your professional credentials and what you can bring.
2. Use it to negotiate higher pay or salaries.
- Using it as a bargaining chip in salary negotiations. When you’re up for a raise or promotion, mention your Chartered Manager status. It’s an impressive credential that can give you an edge in negotiations.
- Using it to demonstrate commitment to your profession. Chartered status shows that you’re serious about your career and take pride in being a manager. This can be helpful when applying for jobs or tendering for new contracts, as it demonstrates you have the necessary skills and credentials for the role.
3. Use it to access exclusive networking opportunities.
Accessing online networking forums. You can access online networking forums to connect with other managers worldwide. This is a great way to share best practices and find new opportunities.
4. Use it to fast-track your career progression.
- Using your status to improve your skills. You have access to many professional development resources that can help you improve your skills and knowledge in management and leadership. Take advantage of these resources to continually improve as a manager and leader.
5. Use it as a platform to share your expertise with others.
- Your Chartered Manager status is a great way to connect with other managers, both in person and online. Attend networking events specifically for managers, or use social media platforms like LinkedIn to find and connect with other professionals worldwide.
- Offering consulting services to organisations seeking expert advice on management and leadership issues
6. Use it to enhance your credibility and reputation.
- Mentioning your status in your email signature, on your business card, and on your website. This will help build trust with potential clients and colleagues.
- Creating online content – like articles or blog posts about topics related to management and leadership. This is another great way to share your knowledge and build your credibility as an expert.
7. Use it to gain international recognition for your management skills and abilities.
- Joining international professional organisations related to management is a great way to network with other professionals worldwide and learn about new trends and developments in the field.
- Attending international conferences is another great way to meet other managers from different countries and learn about new management practices. It’s also an excellent opportunity to promote your own business or organisation.
8. Use it as a springboard for further professional development opportunities.
- Using your status to access exclusive learning and development opportunities, such as management courses or executive coaching programmes.
- Mentoring other managers or providing consultancy services, which can help develop your skills and expertise.
- Volunteering for roles on boards or committees can give you valuable experience and insights into different management aspects.
Job Roles and Industries Where Chartered Manager Status Is Valued
There are several job roles and industries where having Chartered status is valued highly.
This is because the skills and knowledge that come with this qualification are essential for success in these roles and industries.
Some of the job roles where Chartered Manager status is highly valued include:
– Senior management positions in all types of organisations
– Consultancy and project management roles
– Roles in the public sector
– Teaching and training positions.
In each case, employers recognise that successfully managing people, resources, and projects is vital to success. This status shows that an individual has the necessary skills and expertise to excel in these roles.
Other industries where being Chartered is seen as being particularly valuable. These include:
– Construction and engineering
– Manufacturing and production
– IT and telecommunications
– Retail and leisure.
Get Ahead, and Stay Ahead as a Manager and Leader
Competition is the law in business.
To stay ahead, management professionals and leaders must develop the know-how and skills to thrive and drive change within their teams and organisations.
CMI qualifications offer specialist training to drive management development and leadership success.
Becoming a Chartered Manager demonstrates your commitment to excellence and continuous growth in the management & leadership field.
Additionally, embarking on the CMI journey helps professionals sharpen leadership skills, confidently make strategic decisions, and nurture high-performing teams.
Unlock managerial and leadership excellence with qualifications from the CMI – specialist certifications providing you with indispensable skills and knowledge to flourish in your career and drive remarkable change in your career organisation.
1. What is Chartered Manager status, and how is it different from other certifications?
Chartered Manager status is a professional designation that signifies a high level of competence and expertise in management, distinguishing it from other certifications in the field.
2. How does Chartered Manager status contribute to career growth?
Chartered Manager status contributes to career growth by enhancing leadership skills, increasing professional credibility, and unlocking a wider range of career opportunities.
3. Can people from any industry attain Chartered Manager status?
Individuals from any industry can achieve Chartered Manager status as the certification applies across various sectors.
4. Are there any specific requirements or qualifications to become a Chartered Manager?
To become a Chartered Manager, individuals must meet particular criteria, including demonstrating their management experience, skills, and knowledge through an assessment process.
5. How can Chartered Manager status be showcased on a resume or LinkedIn profile?
Chartered Manager status can be showcased on a resume or LinkedIn profile by using the designation after the individual’s name and summarising the certification’s significance and the skills it represents.
6. Does Chartered Manager status have international recognition?
Yes, Chartered Manager status has international recognition and is valued by employers and organisations.
7. Are there any industry-specific benefits of Chartered Manager status?
Chartered Manager status offers industry-specific benefits such as tailored resources, networking opportunities, and access to sector-specific insights and best practices.
8. Can Chartered Managers access additional professional development opportunities?
Chartered Managers can access additional professional development opportunities, including training programmes, workshops, webinars, and conferences.
Thrive, Innovate, and Deliver a Positive Impact in Your Organisation.
Learn how with accredited & specialist management and leadership qualifications.
