June is a great month. For many it’s a time of celebration. School’s out, vacations and family reunion season starts. But it is also a time when we are looking at our goals and our results over the first half of the year. Now I’m willing to bet if you’re reading you are either A) having a panic attack, B) thinking “I still have time – no worries or c) thinking “Goals: A painful exercise in futility”.
Achieving results or performance is a simple idea. But over the years, it has been complicated by frankly a lot of people selling products based on poor or bad science to a bunch of people who don’t know better. And that lack of knowledge on what works is costly. The Gallup Organization estimates businesses lose about $350 billion (yes BILLION) in productivity annually.
So what do the numbers mean to you? Well, according to Gallup’s survey of employee engagement about 54% of employees are not engaged (meaning not doing the right things to produce results) and another 17% are actively disengaged (meaning they act out their discontent and sow seeds of negativity at every opportunity). Assuming this makes up about 70% of your employee population and being conservative in thinking about 50% of the time they are working on activities that don’t provide value you now have an idea of the size of your problem. How many more sales are needed to overcome that negative number?
So what’s the problem?
1) Most performance management systems are designed to measure unworthy performance. Harold Stolovitch said it best “working hard and long, being knowledgeable and being highly motivated without equal accomplishments is unworthy performance.”
2) People don’t know how to write goals. Goals cascade down through an organization and are dependent upon each level understanding what are the critical RESULTS that deliver value.
3) Most managers focus on behavior not accomplishments. Don’t believe me? Take a moment and answer this question. In a week, how many assignments and conversations do you have with your middle performers and lower performers? Be honest and ask yourself why? Is it because it’s easier to be with your top performers. Let’s face it they’re eager all the time – they’re engaged and excited. There may be others who are fun to be with but nothing like the excitement from your top performers.
As I started, achieving results/performance is a simple idea. If you are not celebrating your accomplishments to date, take some time to think about what you are going to do differently for the second half of the year. We learn through a combination of doing, reflecting and guided learning. Make 2010 your best year ever. It’s not too late.
N Joy
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