Archives

Why bother with a year-end review?

November 27th, 2012

Only if you want the best employees!

I find it interesting that many managers do not have “time” to talk with employees about performance. The lack of time is not a resource issue; it is a priority issue.

How can we not dedicate a few minutes to our most important assets – people? I’ve continually found that those who value and provide constructive and positive feedback continually not only outperform their peers but have happy employees to boot! Similar to time, money isn’t a motivator; it’s only the lack of money that is a motivator. Instead, employees who are valued, appreciated and paid attention to tend to be more motivated – interested in the company’s success. After all, who isn’t interested in someone showing interest in what we’re doing?

Listen to my webinar about the importance of conducting a year-end review – and tips for success to kick off 2013 on the right foot.



Leadership Essentials

November 25th, 2012

No matter the client, I’m continually reminded of the critical importance of leadership. If you have to choose between leadership skills and prior work experience / technical skills, undoubtedly, leadership skills must win the day. My clients with exceptional leaders outperform the rest – every time.

So, what could be more important than discussing leadership essentials? In my 20+ years of experience as an entrepreneur, business consultant and business executive (and thanks to my HR mentor), I’ve uncovered the top leadership essentials required for long-term success. 1) Integrity. 2) Vision. 3) Communication. 4) Performance management

1. Integrity – It’s vital to start with integrity. Without integrity, none of the other essentials matter. A year or two ago, I did a survey of a dozen business executives on keys to success. I was surprised that every successful executive included integrity on the list. You don’t typically see this in popular business books or discussed at conferences yet it was one of the only essentials in common among the best leaders. Take note of the importance as there is no way to “train” or provide experiences to build integrity.

2. Vision – People follow those with vision. Enough said. How do you know if someone has vision? Do they seem to be confident about where they are headed? Do they share where the company is headed? Why it’s headed there? Do they seem passionate about it? If so, you’ve found a leader with vision.

3. Communication – If there is something in common across almost every client, it is the feedback of the lack of robust communication. Communication is bedrock to success. For example, if your team doesn’t know where they are headed, why they are headed there, how each person matters etc.; do you think they’ll be interested? I doubt it. Do you provide upfront communication? That’s not nearly as easy as it sounds. Do you make sure to ask for feedback? Do you continually clarify plans? Do you keep people in the loop? Communication alone can be a full-time job!

4. Performance management – Typically I try to limit my key points to three; however performance management cannot be forgotten. Assuming integrity is intact, those leaders who partner with employees to set goals, provide ongoing feedback, celebrate successes, track progress, and provide career planning advice will leapfrog those who don’t every time. The biggest roadblock I hear consistently is the lack of time. What could be more important? Make it a priority.
Not only will solid leaders never go out of style but they are also critical to achieving bottom line business results. Start by making leadership a priority. Without it, you might as well hang up your hat.