In this article, we’ll discuss how short-term and long-term planning work together and how businesses can use 13-week forecasts to achieve financial success.
Employee feedback: two words that induce anxiety and trepidation for managers and employees.The thought of critiquing or being critiqued can be nerve-wracking. Delivering and receiving negative feedback or criticism is challenging for the manager and the recipient. But when done correctly, feedback is an indispensable tool for growth and performance enhancement. Feedback has the power to propel individuals and teams toward success.By dissecting good strategies versus ineffective ones, equip leaders with the skills to provide empowering, productive feedback. It’s time to look the feedback demon in the eyes and explore why it instills fear in employees and leaders, and, more importantly, learn to harness this force to foster a learning culture and promote constant and never-ending improvement.Unlike scheduled performance reviews, feedback can and should be ongoing and, in many cases, a less formal process. While many professionals view feedback as a necessary evil or simply checking a