Transcript Alternate Strategies for Performance Improvement

Alternate Strategies for
Performance Improvement
Cyclone SHRM
January 12, 2012
What is the success rate of your
performance development plans?

According to
Lominger
International the
average ROI for
individual
development plans is
11%.
Critical Success Factors
Awareness
 Acceptance
 Willingness to act
 Focus

◦ Strengths and talents
◦ Mission critical skills –
managing weaknesses
◦ No fatal flaws
Steps to Improve Performance
1.
2.
3.
4.
5.
GAP analysis
Establish goal
Choose path
Create action plan
Define timeline
Paths to Improvement
(Paths to Improvement - Korn/Ferry Leadership and Lominger Intl.)

Deeper Exploration
◦ Insight
◦ Exposure

Alternative Paths
◦ Substitution
◦ Workaround
◦ Compensation

Direct Skill Building
◦ Development
◦ Enhancement
◦ Good to
Extraordinary
◦ Rerailment

Demonstrating Skill
◦ Marketing
◦ Skill transfer
◦ Confidence building
Accept the Consequences
◦ Redeployment
◦ Capitulation

How to Choose?

Skill level
◦ Derailer, untested
◦ Weak, average, strong,
outstanding
◦ Overused

Time available
◦ Short term
◦ Long term

Learning styles
◦ VAK
How does development happen?
 70%
- on the
job experience
 20% - other
people
 10% - courses
How to Manage Around a Weakness
(Marcus Buckingham)
Stop doing it
 Find the perfect partner
 Offer up one of your
strengths – change the
task
 Change your
perspective

Let’s Practice
Saving Graces
(Paths to Improvement - Korn/Ferry Leadership and Lominger Intl.)

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Approachability
Boss relationships
Compassion
Humor
Integrity and Trust
Interpersonal savvy
Listening
Understanding
others

Of the eight, which do
you believe is the most
powerful compensator
for various faults and
weaknesses?
Five Fatal Flaws for Leaders
(Zenger and Folkman, The Extraordinary Leader)
 Inability
to admit and learn from
mistakes
 Lack of core interpersonal skills and
competencies
 Lack of openness to new and
different ideas
 Lack of accountability
 Lack of initiative
What are the benefits of exploring
different paths for development?
Max DePree
We cannot become who
we want to be by
remaining who we are!