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?
Teach and help improve skills
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.
The Productivity Pyramid TM 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.
Learn more about Business Valuation Principles by Dale S Richards http://a.co/cVsYyNN https://successbiznow.com/books/business-valuation-principles-by-dale-richards/