Many are eliminating performance ratings, forcing managers to check-in with employees regularly, and rethinking their compensation strategies. Some are doing pulse surveys, revamping their engagement models, and opening up their internal communications systems.
As I study this market and talk with managers all over the world, one thing keeps coming out: we need to build a business around feedback.
Feedback is a big topic, and it's more complicated than you think:
We all want it and we all want to give it … but it's difficult to give and even more difficult to receive. And in the corporate world, people who give a lot of feedback are often labelled trouble-makers.
Today building a feedback-rich culture is a tremendously important task, and it impacts teams, organizations, customers, and the whole company.
Well a new world of feedback tools and approaches has arrived, and I believe it could be one of the most exciting things happening in management and HR.
I just finished more than two years studying this space and wrote a long article I encourage you to read.
Let me know what you think, I'd like YOUR FEEDBACK on all these ideas and new tools in the marketplace!