5 Steps Towards Organizational Agility

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More than ever, we know how valuable a genuinely innovative team can be. Organizations that weren’t flexible enough to find solutions to 2020’s problems have suffered and closed their doors. On the other hand, agile, innovative, and quick-thinking organizations have had a much easier time navigating the challenges that began in 2020.

Changes are happening fast—not only in our economy but also:

  • In how customers communicate and set their expectations,
  • In businesses adopting new processes and technology platforms,
  • In the ways people communicate with one another, and
  • In the types of resources people need and use.

Because of this, flexibility and innovative growth are the keys to developing thriving businesses in the years to come.

If you’re looking around at your team thinking, “Well, this isn’t us,” don’t worry! Agility and innovation aren’t innate traits that we either have or don’t have. They are teachable, learnable skills.

To help put your organization on the right track, try these five steps.

1. Maintain honest conversations

Growth can’t happen without collaboration, and true collaboration results in the best your organization and team have to offer. But that can’t happen without a system designed to encourage and nurture open and constructive feedback. This atmosphere often comes from the top down.

Consider how you, as a leader, ask for and receive feedback:

  • Do you ever ask your team’s advice?
  • Do you ask for their input when developing new processes or reviewing old ones?
  • Do you encourage their feedback on projects?
  • Do you celebrate their input?

Take note of how you demonstrate the value of open, constructive feedback. Then work to encourage it in areas where it’s lacking. Remember to train new employees to expect feedback and to feel confident enough to give their own. Make time in meetings to discuss ideas as a group and ask each person’s opinion. Single out people who seem shy and help bring them out of their shells (and the same goes for those who are incredibly confident—single them out!).

The goal is to work open feedback into everyone’s expectations about how things are developed and created within your company. When people expect it, it’s much easier to receive it, and it feels a lot less scary to give it.

2. Create room for growth

One way to nurture innovation is to make an effort to stop employees from stagnating in their career development. Offer opportunities for them to learn new skills, to expose themselves to new ways of thinking, and to move forward.

Yes, it will help deepen the resources they can offer your organization, but it will also foster employee loyalty, engagement, and satisfaction. Professional development adds value for everyone involved, and your team’s productivity and strength will demonstrate that.

3. Create a culture that rewards creativity

For innovation to thrive, there needs to be a level of psychological safety within your organization. Employees need to feel free to try new things, to fail, and to try again. Fear of failure is one of the main reasons things fail in the first place—because people never felt free to try.

Train your employees to try new things. Develop their confidence and encourage their ideas. This atmosphere will foster excitement and work against the age-old resistance to change.

4. Enable initiative and ownership

One way to encourage growth and innovation is to provide employees with a strong sense of ownership over their contributions. Train your managers to empower their team to take the initiative. Does someone have a new technology they think would be an asset to the company? Encourage them to prove to you why their idea is a good one.

When employees feel like their work is guided by their inspiration, knowledge, and expertise, they’ll be more likely to put more energy into what they’re doing. Ownership leads to excellence.

5. Establish your values

Review your values. Far too often, organizations’ values look something like this: integrity, dedication, and excellence. If that sounds familiar, then you’ve got some work to do.

Develop a values system that genuinely reflects your goal of driving growth, encouraging development, being challenged, taking individual ownership, and pushing the goal post farther each year.

Your values are the road map to your company’s future. They inform how you approach challenges and navigate difficult situations. Give them the thought they deserve and encourage your employees to take them to heart.

As your team develops around these concepts and begins to identify with the values you create, you’ll see the magic that happens when a team is empowered, driving growth, and taking ownership of your company’s future. It can be a beautiful thing. Keep working at it. Keep coming back to it. And watch your organization thrive.

 

Content provided by Q4iNetwork and partners

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Fully Insured and Self-Funded Plans: The Pros and Cons

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In our blog published a couple of weeks ago, we delved into the three different types of group health insurance plans: fully insured, level-funded, and self-funded. As you’re researching the best kind of group health insurance plan for your business, let’s focus on the two opposite ends of the spectrum and see how they compare: fully insured group health plans and self-funded group health plans.

Defining the plans

Fully insured

As a reminder, a fully insured plan is what people typically think of when they think of employer-provided health insurance. Employers purchase the plan from an insurance company (carrier) and pay a premium to the insurance company. When employees make a claim, the insurance company writes a check to the healthcare provider. Employees pay all the deductibles and co-pays.

Self-funded

In a self-funded plan, the insurance company provides all the administrative services, with a fixed cost for administrative fees. Self-funded plans are fully funded by the employer, who pays for employee claims from a bank account or trust fund set up for that purpose.

The pros and cons of fully insured health plans

Pros

Employers looking to keep their costs consistent will have fewer cost/rate variances month to month because of fixed premium costs.

All claims are managed by the insurance provider, which keeps the employer’s involvement in the day-to-day management at a minimum (and this also makes fully insured plans faster to implement). Employers also benefit from the insurance company taking on all the costs associated with employee medical claims. Employers and employees alike can feel confident knowing their premiums during the plan period will not change even if there are many claims in any one year.

Cons

While costs are consistent from month to month, employers must either accept the community rate if they’re a small group and or negotiate their rate with insurers each year if they’re a large group. Rates are determined with the following criteria in an underwriting process:

  • Company size
  • Employees’ health conditions
  • Claims experience (number of claims filed by employees last year)
  • Loss ratio (claims cost divided by the premiums collected)

These criteria can determine whether the following year’s premiums are higher or lower. Premium taxes are also higher with fully insured plans. And if you are looking for a plan with benefit design flexibility, fully insured plans often aren’t customizable to the degree an employer would prefer.

The pros and cons of self-funded plans

Pros

If the idea of assuming all financial risk sounds…well, risky, purchasing stop-loss coverage helps with those risks. You will also get additional savings if you have a low number of claims in any given year. Self-funded plans offer the greatest amount of flexibility and oversight, as you manage employee claims and can select which benefits you offer in your plan.

Cons

Not having the insurance company take all the risk when it comes to paying claims may leave you feeling uncertain about claims costs. Also, if your business does not have a stable cash flow, cost fluctuations due to employee claims can be stressful. Especially if you choose not to have stop-loss coverage, which can leave you potentially paying a great amount of money when it comes to employee medical claims.

While a self-funded plan is more hands-on, there are specific and additional compliance requirements such as non-discrimination requirements and 5500 tax filings. Also, as self-funded plans require a more hands-on approach, employers without the time or resources may find them difficult to manage.

Look at all sides

Fully insured and self-funded plans are two different sides of the coin. Be sure and take the time to talk to a trusted advisor to help you fully iron out the differences and take the next best step for you, your business, and your employees.

 

 

Content provided by Q4iNetwork and partners

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3 Ways to Set Yourself Up For Open Enrollment Success

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Regardless of when your benefits package renews, there’s a lot to be said for employers who plan ahead. Undoubtedly, many changes caused by the pandemic have shifted the needs of employees and altered the ‘normal’ approach to open enrollment. However, planning has always (and will always) be a good idea—especially when it comes to group health plans.

Giving your organization time to plan and prepare will help you improve the absolutely critical process of implementing your benefits package, which has *major* repercussions on your return on investment (ROI). Start by following these three steps.

1. Consider changes to your benefits offering

Pandemic or no, employee needs are constantly changing. They have changed significantly over the past year and will continue to change as our country adjusts how we approach work. Since employee benefits are such a significant investment for employers, it only makes sense to meticulously review what benefits are most popular and what benefits don’t hold as much value.

Survey your employees and do your research. Since the start of the pandemic, some benefits have risen in popularity as employee needs have changed.

These include:

  • Virtual healthcare
  • Flex work, childcare, and elderly care
  • Financial wellness
  • Mental healthcare

Talk to your broker about your options and create a strategy that fits the needs of your employee population, as needs and wants can vary broadly. One size does not fit all for an attractive benefits package.

2. Open enrollment planning

Depending on the shifts your organization made since the pandemic, it’s important to consider how you will proceed with open enrollment this fall. Organizing a supportive and education-based strategy to guide your employees through enrollment can make a real impact on the employee experience during the process and increase plan utilization by employees.

  • Consider how to create a system that works for your employees wherever they are (on-site or remote).
  • Provide resources and support to employees as they make their decisions. These can include educational resources (such as this glossary of standard benefit terms), in-person or virtual support, and clear communication around deadlines and qualifications.
  • Get feedback from your employees before open enrollment about their experience last year and their concerns and needs for the upcoming season. Find common trends to help you fill in gaps that you may have missed in years past.

3. Preparing for implementation

Spend time reviewing and improving your plan of execution. This plan should include a detailed communication strategy, employee education, and year-round support. If you want to see significant participation from your employees, you need to engage with consistent support and education strategies. Ask your employees if:

  • They understand the benefits available to them. Do you offer an HSA or self-insured plan? If so, make sure your employees have a proper understanding of how these different plans work and what to expect when they participate.
  • They know where to go to ask for help. Do they have access to a support line? Are there online resources you are providing them?

Consistent and clear communication is a critical part of ensuring your employees participate in and get the most out of the benefit plan you’re offering. Consider which channels you will be relying upon (email, meetings, one-on-one support, a web page, etc.) to get the word out and offer support. Get clear on how and when you’ll use these channels and stay consistent in using them.

Preparation = success

The more you plan, the better you can guide your employees and your organization through the process of open enrollment. This isn’t the sort of thing you want to put off until the last minute or until your broker comes to talk to you.

Employee benefits are a crucial part of your employee engagement, retention, attraction, and ultimately, the business’s success. And as such, they require and deserve careful planning. By starting with these three steps, you’ll set your organization, and your employees, up for success.

 

 

Content provided by Q4iNetwork and partners

Photo by rawpixel

A Crash Course in Group Health Insurance Plans

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When it comes to health insurance, people want the right amount of coverage. They also want coverage for what they see as high value (doctor’s visits, medical procedures, etc.). There are many insurance plans out there—the traditional fully insured plan, the level-funded plan, the self-funded plan…and you may be wondering what the difference is between them, and where to even begin.

Welcome to our crash course in group health insurance plans.

Where it all began—fully insured plans

Fully insured plans are probably what come to mind when you think of group health insurance plans. Employers get the plan from an insurance company (carrier) and pay a premium to the insurance company. The yearly premium rates depend on how many employees are enrolled in the plan. When employees make a claim, the insurance company writes a check to the healthcare provider (hospital, doctor, etc.). Employees are responsible for paying the deductibles and co-pays defined in the plan.

A fully insured plan usually includes coverage for medical procedures, prescriptions, and doctor’s visits. Employers tend to go the route of fully insured for their business if they want to give their employees predictable benefits that remain consistent over time and provide the business with a regular monthly fee to manage cash flow.

New paths and steppingstones—level-funded plans

Level-funded plans are the go-betweens, the bridge between a fully insured plan and a self-funded plan (which we will discuss in a minute).

With level-funded plans, employers pay a set amount of money each month to the insurance company that funds a reserve account for claims and manages administrative costs and fees. Rates for a level-funded plan is defined by the number of employees and the estimated cost of anticipated claims. If the employer has a surplus of claims funds at the end of the year, they will receive a refund. If the claims are higher than estimated, they will receive a premium increase for any stop-loss coverage an employer has.

Employers usually choose level-funded plans if they anticipate employees not making many insurance claims and want to offer their employees insurance at an affordable cost. It also allows ease of access to utilization trends that show where employees might be overspending and allows employers to use education and wellness programs to improve claims costs.

Rise in popularity—self-funded plans

The popularity of self-funded plans is on the rise. A report published in 2020 found that 60% of workers in companies with three or more employees were on some kind of self-funded plan. But how does it work, exactly?

With self-funded plans, or self-insured plans, an insurance company provides administrative services. Like with level-funded plans, there is a fixed cost for administrative fees. But unlike level-funded plans, employers assume all the costs and financial risks in a self-funded plan. They pay for employee health claims from a bank account or trust fund set up for that purpose.

These plans have the highest amount of risk; however, employers can have stop-loss insurance that reimburses them for claims that exceed a predetermined level. There are two types of stop-loss insurance:

  • Specific stop-loss coverage, or individual stop-loss coverage, provides protection for employers against a high claim for any one employee. For example, if employers want a maximum liability of $150,000 per person, and an employee makes $200,000 in medical claims, specific stop-loss reimburses the employer for the $50,000 in excess claims.
  • Aggregate stop-loss coverage provides a set coverage ceiling on the amount of eligible expenses employers pay during that contract period. In other words, this is the coverage for all the employees total, not just for any one specific employee.

While self-funded plans can be expensive without stop-loss coverage, many employers find self-funded plans attractive. If they don’t need to pay fixed monthly premiums and they want to proactively manage claims costs with a hands-on approach, such as steering employees to high-value, low-cost providers and taking advantage of clinical wellness programs, self-funding may be a good fit.

One size doesn’t fit all

What’s right for one company may not be right for you. There are many different health insurance plans and different plan options, and taking a route doesn’t mean you take the route alone. Many advisors are well-educated in level-funding and self-funding.

Start a conversation with your broker to find out if this is in their area of specialty. Whether it is or not, do your research so you can fully participate in the conversations to determine what is the best for you and your employees.

 

 

Content provided by Q4iNetwork and partners

Photo by bowie15

With Great Power Comes Great Responsibility

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With great power comes great responsibility, and great responsibility calls for regular reflection upon who you are as a leader and how you are growing.

Regular periods of self-reflection are needed to ensure that we are heading in the right direction regarding empowering our people, making progress towards our vision, and creating a sustainable legacy over the long term.

Asking meaningful questions that bring you discomfort and get to the heart of what it means to be a leader can show you how well you measure up and highlight areas where your attention is needed.

Is the ‘Why’ of what I’m doing the same as it was when I started?

Change is inevitable. Processes, plans, priorities, and even those on your team will change or evolve. Your Why/Purpose is what drives you to emotionally do what you do. It’s the rock upon which everything is built, and it drives every decision you make in the organization, which is why it’s important to consistently reflect on it.

Start by asking, “Is the ‘why’ of what I’m doing the same as it was when I started?” If your ‘why’ has shifted, then you may have strayed from your values or mission. If that’s the case, ask yourself what strategies you can create to ensure a successful re-alignment, so your purpose continues to drive your organization. If you want to inspire people to get behind your purpose and vision, they need to believe in what you believe in.

How am I developing as a leader?

There are no perfect leaders, so if you think you have it all figured out and that you’re at the pinnacle level of leadership, then it’s time to reflect on how you’re developing. Leaders who remain agile and curious and who value continuous development are best able to adapt to the most significant and most unexpected challenges.

Reflect on how you’re developing. If your list is limited, contemplate how you can seek opportunities to grow and develop your skills as a leader in your organization.

Am I as accessible as I can be?

Take a moment to reflect on this question.

Did you think of physical availability? For example, perhaps, you considered yourself accessible because you have an “open-door policy” or a “virtual communication policy” if you’re remote. If so, it’s essential to differentiate physical availability and accessibility.

Accessibility goes beyond physical availability because it’s everything that happens the moment someone walks in your door and your accountability that follows. Now reflect on this question again and ask yourself:

  • Have I created an environment that encourages people to come to me in need?
  • Am I providing enough support?
  • Do I demonstrate genuine appreciation and gratitude for my team members?
  • Am I actively listening to others’ input? 
  • Do I consistently follow up with people?

For example, if you’re going to encourage your team to share their input and ideas because you one time read in an article that you should, ask yourself if you’re genuine. Especially in the case of leadership, actions speak louder than your words.

Have I been seeking enough feedback?

There are copious amounts of people who don’t seek feedback because it could bruise the ego or harm our self-confidence, but as the saying goes – no pain, no gain. One of the most courageous acts you can perform is to seek honest and constructive feedback on your performance as a leader. You can do this during team performance reviews or one-to-one employee check-ins.

Actively seek out suggestions on how you can improve and support your team. It’s critical to follow through and integrate feedback for it to make a meaningful impact. Take this feedback, reflect on it some more, and embrace how you can grow as a leader.

Self-reflection makes the best leaders

Just as leaders expect certain standards from their people, their position as a leader holds them to greater standards.

Regular periods of self-reflection are needed to ensure that you’re holding yourself to this standard and that you’re heading in the right direction.

Regardless of whether you’re in a leadership position or not, these questions can help you bolster your strengths and make any necessary improvements that will enhance your ability to be of greater service and benefit to yourself as well as others.

 

Content provided by Q4iNetwork and partners

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Three Steps to Honing Your Message

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Developing powerful messaging can be one of the toughest challenges businesses face in marketing and branding. You do so much, and you know it all, but how do you convey your organization’s value to your audience? How do you tell them the 1,000 reasons to work with you in under 50 words?

Many businesses focus on the wrong things to try and connect with their audience, leaving them no closer to their goal and with a whole lot of wasted time and effort on their hands. Gone are the days of people caring how old your business is; gone are the days of long stuffy bios and dense, technical language.

Effective messaging doesn’t have to be a mystery. It simply takes the right approach to get to the message you’re looking for.

Where to start

When hiring someone outside your organization to help with marketing, a common tactic is to research your top three competitors and base your messaging on what they learned. They’re hoping to find out what you’re up against, what is successful for others in your industry niche, and where the bar is set.

But this strategy is deeply flawed. It starts on the premise that your competitors know what they’re doing, which very often they don’t. (They probably looked at competitors’ websites, too!)

The second problem with this approach is that it only reflects what has already been done and will only work to ensure your messaging becomes a copycat of theirs, undermining your unique perspective and value. Essentially, it puts another company’s words in your mouth—and your competitor’s at that!

So, instead of looking back at the lagging indicator created by what other organizations have done in the past, start by looking to the future. Your future. Ask yourself where your organization is now and envision where you want to go. Your message should reflect where you are now and project the future with you and your client in it.

Define your audience

Before you write anything, start by defining your audience. Identify who your ideal customer is and what brings them to you. What are their worries, challenges, and pain points, and why are you the organization to help them overcome those things?

Once you’ve identified the face of your audience and you’ve identified their challenges, envision their future. Envision how their future will be improved through what you can offer them. Create a message that allows them to see a better version of their future selves. Work to reflect their pain points back to them in the form of their aspirations, enabled by you.

Simplify

One of the quickest ways to lose someone’s attention is to overload them with information. Read through your message from the perspective of your ideal customer. Are you providing them with information they don’t need at the moment? Are you getting wordy about your excellent organization and all the fantastic things you do?

While it may make you feel good, it only makes it harder for your ideal customer to get what they need. People are busy. They have a lot to do and little time to do it, and they want the easiest, most transparent, most obvious solution. They shouldn’t have to expend effort to understand what you do or know the obvious next step. If they do, they’ll leave and probably never come back.

Your message should only give people precisely what they need at that moment. No more, no less.

Keep working at it

As your business develops and grows, so should your messaging. Consider it a living, breathing part of your organization that needs to be fed and allowed to evolve.

Don’t hold your messaging hostage to old, stuffy language just because that’s the way you’ve always done it. Keep coming back to it, evaluating its effectiveness, and giving it room to change. It takes serious effort, but with every inch of messaging effort you put in, your customers receive a mile in value.

 

 

Content provided by Q4iNetwork and partners

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Exit Interviews: The Good the Bad and the Ugly

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The value of exit interviews is a long-standing debate in the HR world, with people landing on both sides of the aisle. Some argue if an organization is broken, exit interviews are useless and hurt the interviewee’s reputation. Others say they are an excellent opportunity for an organization to learn from its mistakes.

The reality? The answer lies somewhere in the middle.

Every time a valuable employee leaves an organization, it suffers. Not only because of the cost it takes to hire and train a replacement, but also:

  • For the loss of institutional knowledge
  • For the time it takes for teammates to adjust
  • For the potential dip in productivity and team morale
  • For the loss of value to customers

So, it makes sense that the smartest move for an organization is to try everything to mitigate loss.

Where they go wrong

Exit interviews, team check-ins, increased training, and team development are tangible ways to counteract the loss of a valued employee. However, if your organization suffers from a toxic company culture and mindset, or functions under a fear-based leadership style that discourages open and honest conversations about what’s not working, you’ve got a much bigger problem on your hands.

In this kind of culture, exit interviews will likely be ignored and forgotten. Organizations failing to manage these issues will likely experience (at least) one mass exodus of employees. For that reason, it’s worth doing what you can to conduct honest exit interviews.

For example, suppose employee retention is low. In that case, it’s likely at some point leadership will take a keen interest in figuring out the cause, at which time those exit interviews will come in handy. No matter the case, exit interviews can be instrumental if handled correctly. If you’re interested in doing what you can to improve your organization, inform your leadership, and mitigate loss, then exit interviews are a great place to start.

Follow these steps to make the most out of them.

Be proactive

It’s essential to get your interview in before too much time has passed. Everything will still be fresh in the interviewee’s mind, making it easier for them to recall information and offer suggestions. However, be sure to account for heightened emotions as this can be a rather tumultuous time for a departing employee. It may be worth it to schedule another interview a few months down the road when the dust has settled to allow for hindsight and clear thinking. 

Be clear about your objective

Before you start your interview, work out what it is you’re trying to gain.

Do you want:

  • To uncover processes that need a review?
  • An honest assessment of managers, leadership, or team dynamics?
  • To get a picture of the job they’re leaving for?
  • To find out why their new job is more attractive than their current role?

Knowing the goals and what you want to gain will help you frame intentional questions and prepare for the answers.

Follow up

A common misstep is to forget the interviews as soon as they’re done. But there isn’t any point in conducting them unless you’re ready to follow up, analyze the data, and use what you learned.

Apply what you learned

Once you’ve gotten what you can out of an interview, set up action steps for integrating what you’ve learned. If your goal was to see how your company compared to its competitors in talent attraction, your response would look different than if you wanted to uncover issues with leadership styles. Make sure you lay out your goals and how you’ll reach them both before and after an interview; otherwise, all it will do is gather dust and become irrelevant.

A holistic approach

Internal reviews are a critical part of growth and development. While exit interviews are an excellent way to mitigate loss, they aren’t a one-size-fits-all solution to uncovering issues within an organization. If you’re interested in improving the employee experience, work out leadership problems, evaluate company culture, and generally drive your organization in a good direction.

Don’t wait until an employee leaves to get their opinion. Start early and start strong. Set internal reviews throughout the year, with individuals as well as entire teams. Normalize feedback and open, honest communication. Train leaders and managers to respond to and positively integrate constructive feedback. And above all, work to foster a trusting environment where employees feel free to share their experience without fear of retribution.

All of this may be uncomfortable, but the positive impact on your organization makes it well worth the effort.

 

Content provided by Q4iNetwork and partners

Photo by Antonio Diaz

Take the Formality Out of Performance Reviews

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Let’s see if this scenario is familiar.

You call your employee into your office. You review their strengths and weaknesses, assess their performance, and set goals. You may even use a rating scale to show the employee if they met, exceeded, or failed to meet expectations.

You’ve just conducted a formal performance review, and when it comes to this process, organizations lose anywhere from $2.4 million to $35 million a year in working hours for employees to participate in reviews. Yet 72% of companies still conduct annual performance reviews.

So maybe it’s the process of conducting performance reviews and not the reviews themselves that need to be changed.

What should be included in a performance review?

You may hear performance review and professional development used interchangeably. But they are two different things. A performance review measures past performance and how well an employee performed in their expected role; professional development looks forward and inspires employees to improve.

Both have their place, but a performance review is geared toward just that: Performance. Consider these things as you’re conducting reviews:

Ask questions 

To ensure there are no surprises, send the review agenda to your team member beforehand, so they’ll know what will be discussed. Ask them to provide feedback about the agenda; doing so gives them co-ownership of the conversation.

During the review, ask open-ended questions to gain the best responses. Close-ended questions that only allow a yes or no answer won’t allow opportunity for insight and make the review unnecessarily formal.

Here are some questions you can ask:

  • What accomplishments are you the proudest of?
  • What goals did you meet?
  • What skills do you have that we can use more effectively?
  • What about your role helps the company succeed?

You can also allow employees to do regular self-evaluation. While there are myths surrounding self-evaluations like “Employees only want to explain away their bad performance,” reflecting helps make employees happier and less likely to burn out. When coupled with an open and honest culture, self-evaluations will also be open and honest.

Consider doing a weekly check-in with self-reflection questions that look back at performance and how well team members feel they did over the past week:

  • Did you complete your ONE THING item from last week?
  • What was your greatest success over the past week?
  • What was your biggest challenge over the past week?
  • What did you learn this week through training and insight?
  • What is the ONE THING you must accomplish over this coming week?

You can use/revise this template or any number of templates you can find on the web by searching the term “employee self-evaluation template.” Choose whatever fits your company culture.

Treat performance reviews like conversations

Think of a review like a conversation, and it will remove any stress or burdens on you and your team members. But keep in mind exactly how you word things. Even things you meant as praise could be misconstrued as negative feedback if not worded correctly. Avoid:

  • Definitive terms like always and never
  • Subjective terms like rude, polite, and enthusiastic
  • Vague terms like good and poor

Instead, go further and use phrases like:

  • “I encourage you to continue [doing this action]. It provides good results for the team.”
  • “When you contact a customer after a sale is closed to ask them if they need anything, that shows you go above and beyond.”
  • “I advise you to stop [doing this action]. It results in [this consequence].”

You can also keep the review language and tone conversational by:

  • Not using a formal rating system
  • Making clear what factors of the review are tied to employee raises
  • Assuring employees this is a check-in as opposed to a performance judgment
  • Focusing on creating a culture of listening and growth
  • Having open conversations as opposed to formal discussions

Consider your cadence

Having a performance review once a year is a traditional approach. But that may not work for your organization. Think about what would be the best: Quarterly reviews? Monthly? Weekly? Consider your current framework and process and adjust accordingly.

Also, couple reviews with open feedback. When leaders provide their team with frequent and honest feedback, your team is more likely to be motivated and engaged at work.

Show your appreciation

No matter what kinds of questions you ask and how often you conduct reviews, they aren’t just about formality, ratings, and numbers. They are a way to show your employees appreciation for their work and help both you and them develop a better future. And that is a good thing.

 

Content provided by Q4iNetwork and partners

Photo by Somsak Sudthangtum

Are You an Imperfect Leader?

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Today’s employers are expected to be perfect and do everything right—from seeking innovative solutions to complex problems to having the charismatic presence necessary to rally a team around a shared vision of the future. But if leaders were perfect, then why is there a need for followers?

 

You cannot be all things to all people, especially in a world that’s constantly changing. Leadership is not about command and control anymore; it’s about collaboration and cultivating the actions of those in your organization. It’s time to take the rose-tinted glasses off and recognize your weaknesses as an opportunity for personal and organizational development.

 

So, what can you do? Embrace imperfection by identifying your leadership capabilities and building a team that complements one another’s strengths and offsets another’s weaknesses.

 

Embrace imperfection

 

Rapidly changing economic, social, environmental, technological, and political forces make life difficult for employers as new decisions need to be made and executed. Still, no single person can stay on top of everything. If you try to be this perfect leader, you’ll instead be an exhausted one while damaging the organization in the process. The imperfect leader knows when to let go and delegate. They know their capabilities and have good judgment about working with others to build on their strengths and offset their limitations.

 

Identify your leadership capabilities

 

Identify your strengths and weaknesses by reflecting on the four leadership capabilities – sensemaking, relating, visioning, and inventing. Rarely, if ever, will someone be equally skilled in each capability because they span the intellectual and interpersonal, the rationale and intuitive, and the conceptual and creative capacities required in today’s business environment.

 

Sensemaking involves understanding and mapping the context in which a company and its people operate. A leader skilled in this area can quickly identify the complexities of a given situation and explain them to others.

 

Relating is the ability to build trusting relationships with others through inquiring (listening with intention and holding back judgment), acquiring (explaining how one reached their interpretations and conclusion without aggression or defensiveness), and connecting (establishing a network of allies who can help a leader accomplish goals).

 

Visioning is creating a compelling image of the future. It is a collaborative process that articulates what organizational members want to create together. Those strong in visioning will realize if other people aren’t buying into the vision. But they are persistent. They engage in dialogue about the reality they desire, inspire and motivate others, and use stories and metaphors to paint a vivid picture of what the vision will accomplish.

 

Inventing involves developing new ways to bring that vision to life. The most compelling ideas can lose their momentum if there is no inventing; however, inventors are creative executioners. They conceive, design, and use creativity to help people figure out new ways of working together on the shared vision.

 

Finding a leader who encapsulates each capability equally is rare, but these capabilities are interdependent. Therefore, it is critical to find others who can offset your weaknesses and complement your strengths.

 

Build a complementary environment

 

After identifying your unique leadership capabilities, search for others who can fill in the gaps and build a complementary environment. For example, if you’re a solid visionary but cannot turn your ideas into reality, find someone strong in inventing. Remember, if you get people that mirror yourself, you’ll experience Groupthink and a “bubble,” which is why it is crucial to foster a team with diverse capabilities, experience, values, and attitudes.

 

Embracing imperfection as a leader is not about strengthening your weaknesses; it’s about cultivating a diverse, collaborative, and complimentary organization. Have the confidence and humility to recognize unique talents and perspectives throughout the organization and help others flourish as they build on these strengths. 

 

It’s time to celebrate the imperfect, that is, the human—leader.

 

Content provided by Q4iNetwork and partners

Photo by Worachai Yosthamrong 

Formidable Traits to Cultivate for Remote Teams

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Learning new things is always a challenge. And they’re even more challenging when everyone has to learn them all at once. Imagine working for a company where everyone was hired within a week. No one would have any support or experience. It would be chaos!

That’s the way most companies felt when they made the switch to remote work at the beginning of the pandemic. Everyone was scrambling, very few were prepared, and there were many mistakes, followed by halted projects, increased frustration, and uncertainty.

As with many things, it helps to model yourself after those who have been successful in doing what you’re attempting to do. And while you may have worked out the major kinks in the first year of working remotely, it pays off to delve deeper and take a look at the foundation of how you’re running your remote team. Especially if you’re planning on keeping remote positions available long-term as 76% of employees say they want to keep their flexible working arrangements after the pandemic.

To generate a powerful remote team that drives results, focus on cultivating these four traits.

1. Independence and empowerment

For remote employees to be their most effective, they need to have a fair amount of freedom to take the lead on their work. Allowing team members the leeway they need to find the answers to their questions, create direction for themselves, and take the initiative whenever they can helps them in more ways than one. Having the ability to take the initiative will:

  • Encourage employees to take more ownership over their tasks
  • Motivate employees to become self-sufficient, creating room for professional development
  • Urge team members to reach out to one another (instead of the boss) for direction and help, increasing collaboration and team involvement
  • Create a more efficient team that only brings challenges to the boss once they’ve run out of ideas and solutions, freeing up time for the team leader to focus on their work

2. Value space for casual connection

Like any on-site team, your remote workers need time to relax in a social environment with each other. Hosting a virtual happy hour, end-of-week check-in meeting, or virtual games can help your team feel more connected and engaged with one another.

People who say they struggle with working remotely often point to feeling isolated and disconnected. Successful remote teams take this seriously and make efforts to create time for employees to connect. Even if you don’t have a weekly happy hour on your calendar, consider encouraging your team to take a minute or two to chat about non-work-related things before a meeting begins, just like you would do in person. This practice creates a critical moment of social connection and mental break from an otherwise quiet and focused day.

3. Developed and powerful values

One of the most effective ways to help your team stay aligned and engaged with your company is to develop your team around a set of core values that your company holds. Integrating your company values into your onboarding process, your communication, your goals, and your employee (and customer) experience is a wonderful way of creating a mental foundation for your employees to work off of.

When your employees are familiar with your company’s core values, they can make informed decisions about approaching challenges, meeting their own goals, and setting expectations around how they should be working on their team. Strong core values create a roadmap for employees to follow that provides clarity and a sense of understanding around their function within your organization. This is particularly important for remote employees who need a strong connection with your company to feel connected in their roles while working from home.

4. Respect and clear boundaries for employees’ time

While working from home can lead to increased productivity and engagement, it can also mean that employees struggle with creating boundaries between work and their personal lives. Without the physical distance between home and office, there is a literal lack of separation between work and life that remote workers experience daily. Employees who can’t step away from their work while at home may start to burn out.

Set very clear boundaries around when employees should be available. Encourage your team leaders not to answer or send emails after 5:00 pm and to discourage their team members from doing so. Make a healthy work-life balance part of your core values and set the expectation that your employees don’t work on their days off or in their free time. Boundaries will help employees feel more comfortable stepping away from their work and allow them to take the time they need to lead a healthy life.

Stay open to feedback

As you continue down the road of remote work, check in frequently with your team to find out what is, and isn’t, working. Keep a running list of the challenges your employees come across and check back with them about their progress. Keep tabs on what other companies are doing and look for new solutions and ideas to keep your team fresh, engaged, and happy. Like anything, it takes practice, patience, and perseverance. Keep working at it, keep talking to your team, and keep trying new things. Eventually, you’ll find your swing.

 

Content provided by Q4iNetwork and partners

Photo by Vadym Pastukh