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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

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Alternate Strategies for Performance Improvement

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  1. Alternate Strategies for Performance Improvement Cyclone SHRM January 12, 2012

  2. What is the success rate of your performance development plans? • According to Lominger International the average ROI for individual development plans is11%.

  3. Critical Success Factors • Awareness • Acceptance • Willingness to act • Focus • Strengths and talents • Mission critical skills – managing weaknesses • No fatal flaws

  4. Steps to Improve Performance • GAP analysis • Establish goal • Choose path • Create action plan • Define timeline

  5. Paths to Improvement(Paths to Improvement - Korn/Ferry Leadership and Lominger Intl.) • Deeper Exploration • Insight • Exposure • Direct Skill Building • Development • Enhancement • Good to Extraordinary • Rerailment • Alternative Paths • Substitution • Workaround • Compensation • Demonstrating Skill • Marketing • Skill transfer • Confidence building • Accept the Consequences • Redeployment • Capitulation

  6. How to Choose? • Skill level • Derailer, untested • Weak, average, strong, outstanding • Overused • Time available • Short term • Long term • Learning styles • VAK

  7. How does development happen? • 70% - on the job experience • 20% - other people • 10% - courses

  8. 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

  9. Let’s Practice

  10. Saving Graces (Paths to Improvement - Korn/Ferry Leadership and Lominger Intl.) • 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?

  11. 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

  12. What are the benefits of exploring different paths for development?

  13. Max DePree We cannot become who we want to be by remaining who we are!

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