7 Signs Your Performance Review Needs a Facelift

When performance evaluations are done right, they give managers a data-driven way to accurately measure every employee’s impact. A good performance review gives decision makers the ability to then set team goals, define individual expectations and support colleagues who may need some extra coaching. How long have you been using the same performance review format? In this rapidly evolving working world, changing attitudes and emerging technologies mean that what worked for your organization five years ago is probably out of date today. Whether your organization needs to completely overhaul its…

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The Performance Review’s Four Fatal Flaws

The changes that do us the most good are often those that are most difficult to make. At work, one habit that many companies can’t seem to shake is the traditional performance review. You know the one I’m talking about, the annual ritual that forces managers to give a limited amount of high marks to a certain percentage of employees and provide just enough feedback to justify another evaluation next year. All this process does is create tension for everyone at work. In my over 20 years as a human…

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How You Can Turn Great Talents into an Unstoppable Team

  When you want to build a high-performing team, it makes sense to bring together the best of the best. Leaders often begin a new role in a new organisation by handpicking a team to follow them. On paper this should work: hire the most qualified individuals to build a dream team. However, the reality can be quite different. Imagine being in charge of the Olympic 100m relay team. You have some pretty awesome sprinters to choose from! So, you pick the best four to run the race, the ones…

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Employee Turnover: The Four Questions You Need to Answer

“Over 50% of all organizations globally have difficulty retaining some of their most valued employee groups.” (Source: Willis Towers Watson Survey)   Employee turnover is the Achilles’ heel of small and mid-sized companies. The cost of losing people can sometimes be almost unbearable for an organization. It’s very difficult to replace good people in a company. CEOs repeatedly name talent acquisition as their top priority - even more important than increasing profits.   So we tend to idealize a low turnover rate, and for good reason. The average cost of…

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Take the Stress out of Feedback: Five Ways to Critique a Colleague

“He has a right to criticize, who has a heart to help.” – Abraham Lincoln   Very few of us actually enjoy telling someone the work they’re doing isn’t up to par. But giving constructive feedback at the right time is crucial - to your individual growth, your colleagues’ development, and your company’s success.   Adam Grant, a highly respected organizational psychologist, puts it best: "If you look at the data, one of the biggest drivers of success... is your ability to seek and use negative feedback...because that really determines…

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Worried Your Best Employees Will Leave? Make Them An Offer They Can’t Refuse

CEOs polled by the Conference Board C-Suite Challenge survey ranked failure to attract and retain talent as their No. 1 concern, followed by creating new business models and cash-flow volatility. In today’s job market, highly qualified candidates are an increasingly rare commodity. To remain competitive, organizational leaders have been forced to focus their efforts on getting, engaging and keeping top talent. In this environment, talent management is no longer a bonus, but a critical corporate function.   Below, are some pearls of wisdom from the world’s top executives on how…

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Want to Keep Your Talent? Better Update Your Performance Appraisal

Are employee reviews really that important? After all, there’s been a lot of news about how big companies are getting rid of their annual performance reviews. Firms such as Adobe and Microsoft famously ditched annual performance evaluations in favor of alternative systems. And if your company’s performance isn’t improving and employees are less engaged than ever, you may be tempted to chuck your review processes into the company ashbin, between the fax machine and typewriter.With managers spending an average of over 200 hours each year on performance reviews, you’re in…

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The Four C’s That Could Make Gender Equality at Work a Reality

Let’s start with the bad news. Despite relentless pressure from politicians, feminist activists, and business leaders, women in the workforce remain underrepresented. The 2017 World Economic Forum Gender Gap Report finds that even though some progress has been made, women still do not play on an even playing field with their male colleagues. Shocking but true: the report reveals that the gender gap will most likely take approximately 217 years to close.   So with the pursuit of gender equality in the workforce currently set on ‘pause’, it’s time for…

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3 Things Your Performance Conversations Should Have

It’s review time; time to talk about your performance over the last month, quarter or (heaven forbid) year. Even if you have hit all your goals and are feeling good about your work, the idea of a performance review might still be leaving you with an uncomfortable feeling.   It doesn’t matter what side of the table you’re sitting on, and you probably sit on both - as a manager and a team member, performance conversations aren’t that fun. Additionally, mishandled performance conversations can negatively impact your team and lead…

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Brexit Churn Is Here: How to Convince Your Non-Uk Workforce to Stay

While the terms of Brexit are still unknown, it’s already having an effect on retention in UK businesses. The solution? A great employee appreciation strategy.   A recent survey by Alexander Mann Solutions found that retention is the No. 1 concern of 23% of HR leaders in the UK. And while the same survey found that only 9% rated Brexit as their key concern, Jeremy Tipper, the Director of Consulting and Innovation for Alexander Mann made the following connection: “There is an unquestionable link between Brexit and the acute focus…

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3 Reasons Why Employee Recognition is More Important Than You Think

When growing a business, it is easy to get caught up in the many tasks and challenges at hand, and forget to recognize the amazing work the people around you are doing. However, this is one of the most important things you can do to keep your people happy and your business thriving. We’ve outlined a few reasons why you shouldn’t underestimate the power of employee recognition, as well as how to get better at regularly doing it.   Recognition Directly Affects Engagement In today’s world of work, employers are…

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3 Company Norms That Might Be Hurting Employee Productivity

How to stay productive in the age of distraction is a constant struggle. How can we get anything done when we are always being interrupted by push notifications? It is still possible if we become more aware of how to structure our time.   The following are some company norms that might be hurting your employee’s productivity, and how to work against them:   1. Always expecting a quick response   If immediately responding to every email or message is part of your company’s expectations; you might want to rethink…

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Don’t Risk Losing your New Hire in the First 45 days

Why you need to treat employee onboarding as a vital part of your company’s process, and how technology can help. We all know the feeling of arriving to work on your first day at a new job, struggling with how to set up your computer, filling out paperwork, and feeling invisible to new coworkers. This happens more than you might think; there are over 200 comments on reddit of individuals answering “What's your worst first day on the job?” There was a reoccurring theme of people showing up on their first day only…

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Retaining new parents – why and how?

Many new businesses start with great intentions, to create an innovative service or product and a flexible and inclusive culture that attracts and keeps great talent. But marrying the two can be a challenge when HR budgets are slim and set up costs focus on output and delivery rather than internal policies and procedures. Hoping that your business will naturally grow with your employees and meet their changing needs as they arise is not the best plan for success.   Unless you have a good understanding of what it means…

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It’s All About the People

[caption id="attachment_1209" align="alignleft" width="150"] The Tel-Aviv team in April 2017[/caption] How Do You Hire and keep Great Employees? ...OR why did I really join bob. The biggest worry that most CEOs and founders have will surprise you. It’s neither finances, focus, nor lack of time. It’s how to recruit, engage, and retain the best people for their business.   A recent survey by First Round Capital confirms this. For the second year in a row, First Round reported that founders’ primary concern is talent management. Even more important than sales…

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