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It’s That Time of Year

Yes, it’s that time of the year when we listen to holiday music, host or attend holiday celebrations and oh yes – participate in performance reviews and discussions. Hopefully, both events will bring happiness, insight and fulfillment. After all, many leaders and HR professionals like to say that feedback is a gift – an opportunity for growth and development.

While I agree that feedback can lead to enhanced insight and leadership empowerment, the caveat I would add is that this can effectively happen as long as the deliverer of the information is an empowered and insightful leader themselves. And to ensure a productive outcome, the conversation should be focused on each individual’s strengths, as that’s what people leverage to gain additional skills and competencies.

Unfortunately, most performance discussions skim over the business results and strengths of the individual and instead focus on what the reviewer identifies as improvement areas. This approach does not produce a very motivating discussion or outcome and generates little to no inspiration or momentum for the upcoming year’s goals.

So, with so much time and energy spent on performance reviews that don’t usually inspire or motivate people to deliver results significantly above expectations, what’s a leader to do in order to change this paradigm and often lackluster result?

Challenge the paradigm!

If you’re the leader of a team, department, division or company, spend the time needed to do a quality review. Performance reviews are not a HR process – they are a core resource for managing and developing the human talent of an organization.

If you’re the person being reviewed, you want to ensure that you are prepared for the discussion.

At the end of the day, any business has three assets: human, financial and physical. The second two are dependent on the first – maybe the human assets should be given additional focus and investment. After all, people are the main competitive edge in a company that recognizes the value of all of the assets he/she has to work with.

Performance reviews are an integral part of the succession planning process – not just a form to be completed. Rather, it’s a document to recognize, reward and inspire talent to deliver extraordinary results!

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