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Mutual-Feedback Environment: Advantage
Mutual-Feedback Environment: Advantage
Mutual-Feedback Environment: Advantage
This environment favors honest feedback above all other forms of communication. When a worker
needs to improve, he or she is told about it. When a boss’ approach is unproductive or inefficient,
that communication is made, too. People trust one other to give, listen to and act on mutual
feedback, and everyone can improve as a result.
ADVANTAGE:
Improves Performance
Feedback provides a clear expectation of performance. Learning what they do well increases a
team member’s confidence. They are more likely to try more, stretch themselves and share their
skills. Becoming aware of those areas that need improvement helps them improve performance
more quickly aligning it with business objectives. An added benefit is an increase in the
effectiveness of the manager giving the feedback.
Creates a Pipeline
Regular feedback on job performance and new skills promotes professional and personal growth
as well as increasing a team member’s potential for greater areas of responsibility. In today’s
environment, where high performing talent is a competitive advantage, growing your own is part
of an effective business strategy.
Improves Retention
Two of the benefits team members find most valuable are development and career
advancement. Effective feedback contributes to their development and potential
advancement. Team members stay longer where there is opportunity and an investment in their
success.
Providing feedback in a timely and respectful manner with the intent of helping others improve
and succeed, sends a very strong message of support to our team members. That support fosters
loyalty.
Decreases Costs
Organizations devote significant investments in both time and money to finding great talent.
However, with everyone that joins a new organization there is a period of time learning the
responsibilities of the job as well as how things are one within the new company. Even the best of
hires may have a misstep here or there. Providing regular and timely feedback helps new and
existing team members course correct thus avoiding additional investments in finding a
replacement.
Increases Sales
People like to do business with those they know and respect. It takes time to build relationships
with guests and clients. Feedback is an investment in the success and longevity of your team
members. Their on-going relationships with guests and clients contribute to loyalty and increased
sales for your organization.
EXAMPLE:
If you’re a boss then your employee has a poor time management giving a feedback directly to
him or her is a great solution. Encourage them to find strategies that work for them.
Feedback
- influences future performance goals, essentially creating objectives for achieving higher
levels of performance in the future.
-increases people's ability to detect errors on their own. Feedback enhances individual
learning.
- helps people clarify their beliefs about the effects of their behavior. Feedback increases
feelings of control and power.
In a group setting, feedback focuses group members' attention on the same performance
elements and provides all group members with a common perspective.
Regular feedback helps people feel they can cope with performance problems by being able to
make incremental changes in their behavior and see the effects.
In decision making, feedback about the results of the decisions helps groups and individual
recognize biases and avoid these biases in the future.
Reference:
DeMers, J. (2016, February 11). The 5 Most Successful Work Environments (and the 5 Worst).