Archive for the ‘Performance Acceleration’ category

The Value Of Written Goals

March 15, 2012

Mark McCormack, in his book What They Don’t Teach You at Harvard Business School, tells of a Harvard study conducted between 1979 and 1989. In 1979, the graduates of the MBA program were asked, “Have you set clear, written goals for your future and made plans to accomplish them?” It turned out that only 3% of the graduates had written goals and plans; 13% had goals, but not in writing; and 84% had no specific goals at all.

Ten years later, in 1989, the researchers interviewed the members of that same class again. They found the 13% who had goals that were not in writing were earning twice as much as the 84% of students who had no goals at all. And most surprisingly, they found that the 3% of graduates who had clear, written goals when they left Harvard were earning, on average, 10 times as much as the other 97% of graduates all together. The only difference between the groups was the clarity of the goals they had for themselves when they graduated.

Yes, you read that correctly. The 3% who had clear, written goals earned ten times as much as the 97% who didn’t have clear, written goals. Almost all successful people have goals, and outstanding high achievers have clearly defined written goals. That said, why do so few people actually write out their goals?

Empower your direct reports to write down their goals and you’ll see them become more successful

source: Brian Tracy, Goals!

Take A Chance And Let Your Direct Reports Grow

March 8, 2012

Most successful leaders we talk to can recall the specific point in their career when one of their bosses took a chance on them.  The leader will typically credit this boss/mentor for having launched their career and greatly appreciated the chance to demonstrate their abilities.

It’s flabbergasting how many of these same leaders today are reluctant to take similar risks with their direct reports.  In all likelihood the boss who took a chance on you had some trepidations but realized you and the organization will be more successful by giving you a chance to grow.  Sure some of these risks don’t payoff, but the learning experience will still pay dividends.

You don’t have to blindly empower your direct reports and hope they deliver.  Establish borders and boundaries for the empowering task.  Be clear about what success looks like and specify the available resources, restrictions, and timeframes.

Remember you might not be where you are today had a leader not taken a risk on you; empower your direct reports, set borders and boundaries, and you’ll both be successful (and someday your direct report will credit you for launching their career).

Tip: Share A New Hire’s Assessment Results With Them

February 16, 2012
 
Hopefully you are using assessments in your selection process to help make better hires.  Unfortunately, once the hiring decision is made, the assessment results are never used again.  New hire assessment results can provide valuable insight during the on-boarding process.
 
Shortly after hiring a candidate, share with them their assessment report.  Most new hires are curious about their results; take this opportunity to use the results to help the new hire get a faster start in the job.  Highlight what you liked about the results and encourage the new hire to continue to use those strengths in their new role.  Also, indicate areas of concern found in the assessments and inspire the new hire to focus there in their personal development.
 
Additionally, make sure the new hire’s manager(s) also receives and understands the assessment results.  Assessments are a valuable leadership tool and can help managers understand where they might need to lend assistance and where they need to get out of the way.
 
Empower new hires and their managers with the selection assessment results and you increase the performance of your newly hired asset.

Lead Your Direct Reports Differently

February 2, 2012

If you have more then one child, you know how different they are.  In sports, most of the great coaches are successful because they know each of their players require a different type of leadership.  Unfortunately, many leaders have one leadership style they apply to each of their direct reports and expect their direct reports to excel.

Everyone has different behavior styles and workplace motivations.  Some direct reports respond best with a firm message, others with a gentle nudging, others with lengthly conversations.  Some people are motivated by recognition, others by money, others by altruism.  The best leaders take time to understand their direct reports’ differences and tailor their leadership approaches to each person.
 
Empower yourself to understand your direct reports’ behavioral styles and motivations, apply unique leadership approaches, and you’ll be a more successful leader.

Exchange Performance Appraisals Before The Meeting

January 20, 2012
 
It’s the time of the year for many organizations to schedule annual performance appraisals for all employees.

There are many reasons we suggest having your direct reports complete a self-appraisal, but perhaps the most important is to allow sufficient time for you both to discuss the truly important items.  If you both complete the appraisal, and exchange copies a day or two in advance, you can both digest the comments and identify the areas in which your perceptions differ the most. 

After general conversation about the overall performance, you can then lead the discussion into those areas.  Example: “Jim, I believe your overall performance for the last quarter/year was strong, generally meeting all the success factors of your accountabilities and meeting your commitments on quarterly goals. After reviewing your self-appraisal, I realized there were a couple of areas we seemed to have a difference of opinion, let’s talk about those.”

If you begin at the top of a form, you may not have sufficient time to discuss the areas of greatest value, or end up splitting hairs over insignificant issues for which there is a general consensus; this allows sufficient time for the truly important items.

Empower your direct reports by allowing sufficient time to discuss performance review discrepancies.

Kill Two Birds With One Stone Doing MBWA

January 13, 2012

It’s the beginning of the year and if you are like most people, you’ve committed to getting more exercise.  As a professional one of your new year’s goals is likely to become a better leader.  Why not work on both goals at the same time?

MBWA is a common acronym which stands for Management By Walking Around, invented by Hewlett-Packard sometime in the 1970s, made famous by Tom Peters and Robert Waterman as one of the ‘Eight Basics’ in their book In Search of Excellence in 1982.  BusinessDirectory.com defines MBWA as:

Unstructured approach to hands-on, direct participation by the managers in the work-related affairs of their subordinates. In MBWA practice, managers spend a significant amount of their time making informal visits to work areas and listening to the employees. The purpose of this exercise is to collect qualitative information, listen to suggestions and complaints, and keep a finger on the pulse of the organization.

The more a leader walks around, not only are they getting better connected with their organization, they are getting more exercise.  Doug Conant, President and CEO of the Campbell Soup Company, went so far as to track his MBWA steps “by strapping on a pedometer and trying to walk 10,000 steps every day around our headquarters between meetings to check in with our people.

Empower yourself to do more MBWA and you’ll be a successful and healthy leader.

Begin With The End In Mind

January 8, 2012

It’s the New Year, so as Steven Covey recommends in his 2nd habit: Begin With The End In Mind.  What do you really want/need to accomplish this year?  What about your direct reports?  Is there a development goal they have that you can support?

Empower the success of direct reports by asking each what they really want to accomplish as a development goal this year.  Together, set a plan with clear expectations, set some milestones for discussions about resources, restrictions, obstacles, and progress toward the goal.

As a team, identify a goal or two that supports organizational goals and set similar plans.  Discuss exactly what success looks like, what resources the team will need, any restrictions, and set the first few milestones with clear level of authority.  By creating clarity around these borders and boundaries, you empower the direct reports to attain the goal without micromanaging how exactly they get there.  Keep adjusting the milestones and level of authority as needed, and you’ll all be energized by the success.

Empower the success of your direct reports by beginning with the end in mind and setting the borders and boundaries around identified goals.

Altruism – ‘Tis The Season For Some Of Your Direct Reports To Shine

December 17, 2011

According to a widely adopted behavior model developed by Dr. Eduard Spranger, we all have six common workplace motivators that inspire us to do what we do.  In order of national rank the motivators are:

  1. Utilitarian: practical accomplishments, results and rewards for their investment of time, resources and energy.
  2. Social: opportunities to be of service to others and contribute to the progress and well being of society.
  3. Theoretical: knowledge for knowledge’s sake, continuing education and intellectual growth.
  4. Individualistic: personal recognition, freedom, and control over their own destiny and others.
  5. Traditional: traditions inherent in social structure, rules, regulations and principles.
  6. Aesthetic: balance in their lives, creative self-expression, beauty and nature.

The challenge many leaders of “for profit” organizations face is the Social motivator is overly dominant for many of their direct reports (nationally it’s #2).  While this generally creates very unselfish team members who find great satisfaction in supporting others, it could negatively impact your bottom-line; much depends on the roles or scope of responsibility provided to these folks and their ability to find ways to otherwise satisfy this altruistic motivator.  By allowing your direct reports an opportunity to represent your organization and fulfill that motivation in appropriate ways like contributing a holiday offering to some deserving organization on behalf on your team, or “adopting” a needy family, you directly address an important motivator to the individual and gain credibility/respect for giving back to community. Empower your altruistic direct reports to give-back this holiday season on behalf of your team, and you’ll experience success all year long.

Use Candidate Assessment Results After The Hire Too

December 10, 2011

Many companies use behavior assessments and skills testing in their selection process.  These crucial instruments assist hiring managers in differentiating among candidates and making the best hire.  However, once the offer is made and the candidate is hired, the assessment results are often filed away and rarely referenced again.

Reviewing the results with the candidate during the on-boarding phase provides them with some personal development guidance. Candidates never score perfectly on their assessments, understanding where they scored low allows them to address their short-comings and pursue job-specific learning.  At the very least, the new employee knows their new leader doesn’t expect them to be perfect and intends to provide support in areas that could otherwise be liabilities.

Additionally, the new hire’s direct supervisor can benefit from using the assessment results.  The reports can give the supervisor tips for how to motivate and give feedback to the new hire.  The results also let the supervisor know when to add support and when to stay out of the way – to manage their performance better.

Empower your new hires and their supervisors with the hew hire’s assessment results and everyone will experience more success.

Prepare For Your One-On-One Meetings

November 18, 2011

The single most powerful leadership practice for accelerating the performance of your direct reports is conducting weekly one-on-one meetings with them.  If you are not having regular one-on-one sessions with your direct reports, start.  If you are having these sessions, make sure you are well prepared.

  • Prior to each session ask yourself these questions:
  • Did I do what I committed to do?
  • What do my follow up notes say I need to check on?
  • What do I need to be sure to communicate?
  • What additional positive feedback can I give?
  • What additional course corrections are needed?
  • Is there something I can delegate?

Effectively preparing for these crucial meetings will make an even greater impact on the performance of your direct reports and empower them even more to succeed.