Executives typically use” top-down” communication, instead of bottom-up coaching and listening. Good coaches engage the participant to bring forth ideas and ways to improve their position, activities, and skills. In a bottom-up coaching session, skills are discussed and trained. An effective coach uses the traits to create a winning atmosphere and team culture that will produce superior results.
A productivity improvement program (“Productivity PyramidTM”) with a pay for performance program where there are company and employee goals with monthly coaching sessions should be implemented. This method raises company productivity.
PRODUCTIVITY PYRAMID TM
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.
What is the productivity change for an annual employee review system? As a five-year Vistage Chair, we have had several speakers that indicate that an annual review has zero or negative impact on employee productivity!
Dale Richards gave Josh Levy, Compass Products New York City & Vistage Members insights to increase business profits & value through his engaged seminar with principles of Productivity PyramidTM, Engage Employees and Customers to raise revenue, products, and value. Dale’s presentation title is: Business Valuation Principles – How to Increase Your Business Value, Financially, Operational and Strategically. Listen and learn.
Learn more about Business Valuation Principles by Dale S Richards http://a.co/cVsYyNN https://successbiznow.com/books/business-valuation-principles-by-dale-richards/