Why the Performance Review is Not the End All of Providing Feedback

By September 10, 2012 November 20th, 2019 How to Be a Good Boss
Why the Performance Review is Not the End All of Providing Feedback

“Champions know that success is inevitable; that there is no such thing as failure, only feedback. They know that the best way to forecast the future is to create it.”

~ Michael J. Gelb

Five months into his job, Jeremy was in his usual upbeat mood, ready to dive into client portfolios, when his manager walked up to his cubicle and said the six words most employees dread to hear: “We need to discuss your performance.”

Jeremy felt butterflies flying in his stomach. Was he not doing a good job? Had he made a serious blunder? His formal performance review was months away; why the sudden meeting? With many questions racing through his mind, Jeremy gingerly sat in front of his manager.

Jeremy’s manager, Ben, maintained a serious disposition. He was never too quick to laugh at jokes, but he was a man of ethics, intelligence, and good conduct—and he commanded respect.

Ben reviewed his notes and started by commending Jeremy on areas where he had performed well.  Jeremy felt more at ease. Ben then went on to talk about how in certain cases Jeremy had fallen short of expectations and provided hands-on positive feedback on how he could take steps to improve.

Ben drafted out a clear roadmap, an action plan, for Jeremy to follow.

At the end of meeting, Jeremy was enlightened and confused. He nervously asked, “Ben, did our performance reviews get expedited?” A rare smile spread across Ben’s face. “No,” he said. “You’ll still have a review at year-end. I find that constantly providing feedback helps in three ways. It keeps employees happy by helping them do a better job and reach their career goals faster, it helps the firm increase productivity levels on an ongoing basis, and it saves me time at the end of the year—all I need to do is recap.”

If you have employees under you, recognize the benefits of providing constant feedback. Here are ten steps you can take to provide feedback to your employees without waiting for the annual performance review:

  1. Assess on a regular basis.
  2. Provide continuous feedback.
  3. Identify solid performance and encourage it.
  4. Tackle performance problems as they happen.
  5.  Takes notes or maintain a file.
  6. Openly communicate.
  7. Summarize positive performance.
  8. Summarize areas that need improvement.
  9. Develop a clear plan of action for success and offer solutions.
  10. Don’t hold back in giving total support.

Feedback isn’t positive or negativeit’s just feedback. Consult with an executive coach to open the lines of communication with your people and boost performance.