Productivity Pyramid® Goals, Coaching, Accountability, and Rewards

May 9, 2022 | Business Valuation

How important are Goals, Coaching, Accountability, and Rewards to your business or organization?

As I work through the TopTen, this week we will address The human aspect of an organization, using my Productivity Pyramid®.

Welcome to Part 2 of 10.

2. Productivity Pyramid® If you like what you read please be sure and like the page.

An essential element of a productive company is to have each employee have Goals, Coaching, Accountability, and Rewards – or the Productivity Pyramid®. I have managed the optimization of over 150 companies that have gone through this one method – the top ten experienced a 20 to 200 percent productivity gain.

What are the characteristics of a good coach? Good coaching is not a born trait but needs to be nurtured and taught to an executive to achieve solid results.

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It is important to know and use the 6 “Ws” of quality goal setting. WHAT, WHO, WHERE, WHEN, WHY, and WRITE IT DOWN – then quantify the objective with steps to complete.

Active Listening is one of the most important characteristics that a person can develop. Most people are active talkers instead of active listeners. A good coach uses active listening to bring out the highest performance in an employee.

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This principle also applies to interactions with family, friends, employees, and acquaintances. It is amazing how much relationships improve with active listening.

GOALS – COACHING- ACCOUNTABILITY – REWARDS

A supervisor/manager/executive should brainstorm with each employee for ideas on how to improve their job, effectiveness, and productivity, rather than a top-down mandate for performance improvement. If an employee is engaged in the process, the probability of success goes up significantly.

 

ABOUT DALE S. RICHARDS:

Dale S. Richards specializes in management, marketing, operation optimization & business valuation consulting and is a 30+ year turnaround expert. He has implemented success concepts into results in 150+ companies. Dale is a Certified Valuation Analyst (CVA) with NACVA, Eight-Year Vistage Chair & International Speaker.

 

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Excel Management, Dale Richards, guarantees complete client satisfaction for any services and reports on this site or any other services provided. This guarantee has been in place for 30 years.

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