Performance Reviews

Inc.com John Eades Great leaders give constructive feedback day in and day out. While formal performance reviews are becoming old-fashioned, this does not mean they are ineffective. If performance reviews produce great results for your organization, ensure you do these three things: Get data from more than just yourself. Data from coworkers or team members can frequently provide …

Sleep

Sleep is one of the most productive things you can do. Period. If you’re not getting between 7–9 hours of sleep per night, you are shortchanging your physical, psychological, and emotional performance. Although it’s a bit paradoxical, neither your mind nor body grow while you are using them. They grow afterwards, while you are resting, …

Leverage Data

The most effective CEOs ensure that all of their companies' managers manage their teams and operations as objectively as possible, and armed with as much information as possible. They accomplish this by leveraging measurable data to manage people's performance, and utilizing data tools to understand as much as possible about the going-ons within their organizations. Don't …

Ensure that every manager has weekly 1-on-1 meetings with all of his or her direct reports

Expanding on the prior point, it can help performance if you ensure that all managers throughout your organization adhere to the discipline of weekly 1-on-1 meetings with direct reports - a practice that some consider to be the most important business management practice of all. Weekly meetings not only help a firm practice CPM (described above), but, …

Manage execution towards objectives by utilizing Continuous Performance Management

Many of the best CEOs today utilize Continuous Performance Management (CPM) throughout their organizations. CPM refers to performance management processes that occur on an ongoing basis, rather than via some annual or biannual appraisals. Near-term objective setting done as part of the CPM process should be based on the strategy and alignment discussed above. CPM need not …