Help Them Stay On Track

4

Characteristics
High-performance organizations keep things on track by:

  • Promoting growth and improvement through rewards and course-correcting feedback
  • Using multiple feedback instruments: multi-rater feedback, performance appraisals, coaching, mentoring, training, etc.

The Process

  • Initiate a formal performance management system.
  • Base performance standards on the competency profiles of star performers.
  • Expand definition of “rewards” to include other positive reinforcements such as training, feedback, opportunity, etc.
  • Connect tangible and intangible rewards directly to skills and behaviors that produce high performance.
  • Provide abundant, honest, and balanced feedback that contains criticism as well as praise.

Results
By linking rewards to performance and providing course-correcting feedback, high-performance companies avoid drifting astray.

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