Feedback is essential to success at every organizational level, but not all types of feedback are created equal.
Although giving feedback can be difficult, especially if it’s not all positive, regardless of whether you’re a manager or employee is it extremely important. Everyone responds to feedback differently, so it’s crucial to be able to deliver it in a way that the person being assessed is comfortable with.
Today, many organizations such as Adobe and Microsoft are leaving the traditional performance review behind. Traditional performance reviews lack efficiency, are typically only carried out annually, are overly simplistic, and fail to promote teamwork.
Many are moving towards a system that provides feedback more frequently and supports peer-to-peer input. This is beneficial because employees are more likely to remember assessment details, feel more engaged with the company, and improve their performance more quickly.
Competency-based talent management is one solution that many organizations are turning to in order to measure and evaluate on-the-job behaviors. Competencies allow you to quantify success for behavioral requirements, skills, knowledge, and abilities.
By incorporating competencies into conversations about performance, you will be able to better position the conversation and articulate where there are gaps in an employee’s skills.
For instance, if a position has Analytical Thinking as a competency, and the required level for success at that competency is level 3, you can then determine if an employee’s behaviors match that requirement and if not direct the conversation towards how to address the specific gap.
Besides competencies, there are other fixes you can make to drastically improve how feedback is given and received in your organization:
No matter what system your organization uses, continuing to have regular and constructive conversations about performance is key to achieving goals and furthering organizational success.
Want to learn more about using competencies? Get started with our Competency Toolkit:
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