How to build an effective team?

Team building is the latest buzzword. No matter the size of the organization, everyone is jumping on the team building bandwagon. But what is really team building? Different people seem to have different answers. In a nutshell, team building is really about creating high performing teams who can move the proverbial mountain and deliver amazing results for an organization. So how do you build such an amazing team and how do you ensure the team continue on this trajectory of high performance and high productivity? In my previous article, I laid out characteristics of high performing teams. Today, we will talk about some of the activities that leaders can implement to build high performing teams and instill the teamwork and can do attitude. There are several consulting companies both big and small who have made a career out of various team building activities and have a slew of activities that…

The Annual Performance Appraisal Ritual

Do Performance Evaluations Matter? In most organizations, performance evaluations are an annual ritual that managers and their direct reports go through uncomfortably and then take a sigh of relief once they are complete. Most managers and employees equally dread the process of annual performance appraisal. The reason isn’t because they don’t see the need for performance assessment and evaluation, but because hardly anything good comes out of it. Now, don’t get me wrong, several organizations take it seriously and make it a worthwhile exercise but it is not true across the board. So, what can you do to make it a beneficial exercise not just for the employees but also for the organization? Performance Appraisals should not be an annual ritual Make performance appraisals more of an informal check in throughout the year. For example, you can have short monthly / quarterly appraisals that not only assess previous month or…

Are your Employee Motivated?

A happy worker is a productive worker. This sounds like a cliché, but it is very true. Employees that truly enjoy the work environment are the most productive. Are Employees in your organization happy and do you encourage a culture of openness and collaboration? Studies after studies have proven that while money is a factor, it is not the only factor that motivates the workers, especially the knowledge workers. As Daniel Pink (Drive: The surprising truth about what motivates us), Peter Drucker (The Essential Drucker) and several others have pointed out, the money is definitely a motivator but only up to a certain point. Once the monetary rewards reach a point where money is no longer a concern, the workers start to look for something more meaningful. So, what can you do to keep your employees motivated and high performers? Below are the few key steps that the Organizations and…

You hired top performer, Now What?

Organizations go all out in ensuring they hire the best candidate for the job. They conduct multiple interviews, background checks and increasingly psychological assessments. But oddly, once hired Employees are left to fend for themselves. How do you expect your star performer to meet or exceed your high expectations when you don’t even have an onboarding plan, a 30-day, 60-day, or a 90-day plan? Don’t have a plan for the sake of having it. The plan should be precise and realistic with clearly measurable goals and milestones. Every employee, especially a new hire should know exactly what is expected of them and what milestones they must hit and when. It’s only then you can truly assess their skills, capabilities and potential. Most organizations have a 90 day probation period and rightfully so, but they fail to put concrete, measurable milestones and dates in place. They mostly rely on the hiring…

5 Strategies to Successfully Retain Best Performing Employees

The 2016 job market seems to be very positive. In fact overall prospect for job seekers seems to be the best compared to last one decade.  With over 5 million open jobs in the market, even those happily employed will be tempted to seek better career prospects. Employers will need to concentrate their focus in areas such as employee retention and engagement to keep their employees from leaving their jobs. Here are some professional tips that will help you not only retain employees but also keep them in high performing spirit: Develop a sense of belonging Create an environment where employees feel like asset in the system rather than overhead. Help them feel secure in the job by creating friendly environment. Encourage them to participate in important discussions about their team and invite their inputs regarding rule changes that directly impact them. This will instill a sense of belonging in them….