"Doing
performance coaching right means 42% higher productivity."
(Bersin
report: High-Impact Performance Management: Using Goals to Focus the
21st-Century Workforce)
The jury is not
still out, the key to the care and feeding of great employees is coaching them
clearly, positively and often.
In fact, based on a recent survey, the Zenger Folkman group
(authors of the Exceptional Leadership book) noted that employees had a
preference for receiving corrective feedback 3 times the level of their
preference for receiving positive feedback!
Are you avoiding that corrective feedback? You are actually doing
more harm ignoring your staff than just being honest and coaching them where
they need it.
Some Zenger Folkman statistics- based on the best and worst
leaders (as givers of feedback):
Engagement measure
|
Worst
leaders
(Little
feedback)
(10th percentile) |
Top
leaders
(Weekly
coaching conversations)
(90th percentile) |
Intent to quit
|
42%
|
15%
|
Perceived opportunities
|
33%
|
70%
|
Feel fairly treated
|
28%
|
73%
|
If you avoid giving feedback (corrective or positive) then this
has a dramatic negative impact on the performance of your team.
10-15 minute Weekly Coaching Conversations are powerful as you can
see by the study above. These informal conversations build trust and improve
communications immensely. How many times have employees come into your office
and quit and you had no clue?
I've had clients who started these one on one conversation and
told me they were taken aback by what they learned. How things they thought had
been communicated in group huddles were totally misunderstood. One on one the
employee feels more comfortable asking questions and real understanding is the
result.
Ask them what they failed at the week before and what they
learned. Ask what their big win was. Ask what they are focused on next week.
Ask what their goals are. And most importantly how can you help them achieve
them. Discuss specific things they could be working on to reach their goals,
improve their performance, etc. Things you saw last week they did well.
These sessions with your direct reports can be the most valuable
10-15 minutes you spend each week.
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