Monday, November 19, 2012

Tip #418: 4 Secrets To Unlocking An Employee's Potential (Part 1 of 2)


Our e-newsletter: 4 Secrets to Unlocking An Employee's Potential is a 2-part tip series specifically designed to help you maximize everyone's potential within your organization. In fact, more and more organizations like yours are discovering the financial benefit of unlocking a person's leadership skills, overall performance and expanding productivity.

Are you ready to see if you can tap into someone's full potential?

Over the next two weeks, you will learn the four secrets, starting with secrets 1 and 2.

Secret #1: Make Sure Everyone's DAILY Efforts Are Contributing To The Company's Business Objectives.

One of the most critical elements in this process is to ensure that your staff understands how their specific roles are contributing to achieving the company's business objectives. In fact, research has shown that 95% of all workers are unaware of their company's top 3 to 5 business objectives.

This is the result of two factors:

  • There is not an effective process used to communicate objectives to the staff.
  • There is a lack of tracking the staff's overall progress in regards to the business objectives.

Secret #2: Keep Your Employees Engaged.

During our professional training sessions, CEOs often ask us: "How do I keep my employees engaged day in and day out?" After hearing this question, we often tell them that it requires strong leadership skills, honest feedback and the patience to help someone grow by letting them make their own mistakes.

You can improve your staff's overall performance by giving:
More Employee Reviews - In today's ever-changing business world, having annual reviews just does not cut it. Quarterly reviews or at least semi-annual evaluations will give your staff a more meaningful and accurate understanding of where they are from a performance standpoint.

More Meaningful Feedback - Be honest with your employees when giving them feedback - it is a great way for them to work on areas that need improvement sooner vs. later. Many companies are rewriting their employee review formats to include specific areas of improvement. Why? They are finding that this is an effective way to deliver deeper, more meaningful feedback.

Stronger, More Relevant Coaching - Give your managers better coaching skills so they can guide their staff through an array of issues. Coaching the performance of employees with a variety of skill levels and differing personalities can be challenging. By the way, there is a good chance your staff needs to be trained on how to coach employees to peak performance, as most people don't know how to coach an employee.

Executive Summary: Quality feedback will keep an employee's head in the game. It will also encourage them to step up and perform for you and ultimately the organization. Many studies show that it will increase their job satisfaction and can positively impact employee retention - factors that most businesses know have a direct and positive impact on profitability.

For more information, visit our website!

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