And you thought your job is safe?

Just the other day I was talking to an old colleague of mine who had just lost his job and couldn’t bring himself to accept the fact that he was let go. It happens, again and again. Good Employees, having worked long hours, nights, weekends and often for years find themselves on the receiving end of the stick and have a hard time reconciling to the fact that they were let go. We often have a tendency to feel invincible and feel as if we are indispensable. Nothing could be further from the truth. Corporations are in it to make money and have a fiduciary duty to maximize the profit for their shareholders. As such, their focus is to be as lean and efficient as possible, otherwise they run the risk of being left to bite the dust themselves. The employees, having spent few years in an organization often become…

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…

Characterstics of High Performing Teams

Have you ever been part of a team where you got along with everyone, enjoyed the camaraderie, felt like you could rely on every one of your team member and that they could rely on you? If you have been part of such a team or are part of the team, how does it feel like to come to work every day? What is your and team’s productivity like? Does the office feel like a second home? Now contrast this with a team that doesn’t trust each other. Everyone feels the need to look over their shoulder and all the communication is guarded? Have you ever been part of such a team? How did it feel to come to work every day? What was the productivity like? Studies after studies have proven that the high performing / highly motivated teams are the ones where the team members can trust each…

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…