Productivity Pyramid ® Revenue and Profits
Productivity Pyramid ® – Revenue and Profits
What are the characteristics of a GOOD COACH? Using strategy and goals with unified efforts to create value gains 1.5X-4.0X
Most companies utilize an annual employee performance review or no review at all. Preparation for this review is tedious and not very enjoyable. One must think back on the year and remember the good and bad employee performance elements. This process is painful. The ultimate outcome has many flaws:
The performance review is not timely
Very little productivity change occurs
Employees only see this as a salary increase session
The review is difficult to prepare
The reviewer is often viewed as a CRITIC
Have you ever had a good COACH? This often occurs on an athletic team. What are the characteristics of a GOOD COACH?
Encouragement
Teach and help improve skills
Immediate feedback
Patient
Knowledgeable
Encourage teamwork
Seek for excellence
The basis for a productive coach is a pyramid of success and accountability.
This process is not easy and takes 6 – 12 months to establish.
Testimonial
The Productivity Pyramid ® was Sheila Prieschl’s favorite from Dale Richards today in Florida on Valuation Principles. Sheila and other Vistage Members learned key business concepts from Dale Richards’ presentation on Business Valuation Principles – How to Increase Your Business Value, Financially, Operational and Strategically.
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.