Despite being the cheapest and most powerful management tool, in some organizations feedback is not widely practiced. This blogpost’s objective is to show leaders how important is to give proper and effective feedback and the benefits it has in the performance, development and motivation of employees.
The main challenges for companies today are related to productivity, efficiency, and innovation management. These important factors in the success/ failure of business are related to the possibility that these companies have to attract and manage talent, furthermore the way they have to generate commitment and collaboration. Here are some examples of how to go that route.
In today´s competitive world, sometimes employees do not take their holidays. They fear losing the esteem of their bosses, or the possibility of getting some promotion.
But reality shows that without a good annual rest, people can´t renew their energies. And without free time, they can´t share quality moments with their family or friends. As a consequence of that, their work lose inspiration, productivity and efficiency.
At Intraway we believe that we should base the company´s activities on trust. In principle we rely on our own personnel selection policy, which allows us to incorporate committed people. Therefore, we understand that we must treat them as adults who fulfill their job goals and want the best for the company and for its own human and labor evolution. That´s why we decided that our employees around the world can access a special benefit: XL days. And we not only communicate this possibility, but we also encourage them to take advantage of it.
You would think I’m crazy, and I probably am! But during these years, and listening to and reading about performance evaluation feedbacks, attending exit interviews, focus groups, etc. I found out that success in the path of someone in a company is a dance of two.
Getting recognition and gratitude at work gives pride, confidence and raises a person’s self-esteem. It encourages people to improve performance and invites others to do the same. Creating a culture of appreciation and recognition has a direct impact on people and companies productivity.