S7 EP20 Performance Appraisals for Culture and Revenue with Lisa Askwith

Part 4 (EP20) Performance Appraisals for Culture and Revenue A well built and supported Performance appraisal system not only helps your leaders keep on track with their employee goals. It can also greatly engage your people if you have done it properly and made it 2 way, employee run, and driven not just by metrics, but development plans and career goals as well. This leads to a greatly improved culture, one in which your people are engaged and willing to add back extra such as continuous improvement and innovation, this leads to even further revenue gains, and a more sustainable business. Key tips for a positive Performance review that improves Culture and Revenue Trust in leadership, and procedural fairness and feedback- You need well trained leaders! Your leaders must be coaches in order for the 2 way part to work Regular not one off events, quarterly Formal and Informal Clear agenda Regular communication about performance needs and expectations The ability to really take part in one’s own appraisal- needs true discussion and agreement Agreed outcomes and review points, improvement plans if needed are clearly documented and supported Clearly linked to career ladder and development steps Documented and signed- then returned to staff member for actions Clear review of success and any expectations or time frame requirements that are then followed up. The leader running the review should be fully prepared and engaged An advance clear time should always be made. The core of the conversation is their actual contribution to achieving business objectives vs what was planned for the period. Use praise Leave ego at the door, and be a leader who recognises contributions not steals them Tags; strategy and culture, aligning culture and strategy, strategy implementation, strategy vs culture, culture and strategy, business strategy, strategic planning, strategy software, humantelligence alignment, organizational culture, cultural change, strategy cascade, strategy, culture, align team goals, objectives, technology, people Tip- Exceptional leadership is the glue that will hold all of this together- without it you will not achieve the levels you desire. This is the piece of the puzzle that most businesses and leaders need help with. If you have reached this point do contact me directly at [email protected] for a free no obligation discussion of just where you are and how we may be able to help.