Ted Bauer wrote an article titled Now Is the Perfect Time to Create a Culture of Asking for Feedback.
« Focus feedback more on employee strengths: Get ready for some insane stats. Companies that focused their feedback and review processes around strengths—emphasizing where employees already excel, and pointing them towards plans to excel in new areas—saw some ridiculous growth figures, per research from Gallup:
- 10%-19% increase in sales
- 14%-29% increase in profit
- 3%-7% increase in customer engagement
- 9%-15% increase in engaged employees
- 6- to 16-point decrease in turnover (in low-turnover organizations)
- 26- to 72-point decrease in turnover (in high-turnover organizations)
- 22%-59% decrease in safety incidents »
