Sunday, March 24, 2013

Employee Reviews

As a manager, you dread them. As an employee, you may feel queasy.   The event?  Employee reviews. 
When I first managed people, I approached employee reviews with some trepidation.  You are concerned that the employee may not take it seriously. Are you sure you are fair?  Are you aware of the accomplishments the employee achieved?  Can you offer constructive criticism?  Can you offer a path to the employee to help him achieve his goals?  You get the idea.
My old boss offered me the best advice I ever got on employee reviews.  At the time we could not offer any pay increase or bonus.  He suggested that I look at it as the only time during the year that you and the employee have an uninterrupted hour to discuss their goals/objectives and future.  It has served me well. 
One key point I learned as a manager is it required me to work much harder at observing and listening to employees throughout the year as opposed to an annual employee review.  It made reviews much easier and frankly, I think, more productive. 
I ran across this article a while back on employee reviews published on the Fortune blog.   This is a software program. However, it offers excellent advice and tips for managers.  These suggestions take work, but if you view employees as an asset that can grow in value, then these appeared to me as well worth the effort.

A Change of Venue

Earlier this week I attended the Industrial Asset Management Council (IAMC) spring forum in Charleston, SC.  You have the opportunity to network with key clients and stakeholders.  For me, it offers a way to collect intelligence, connect with contacts and friends, and think about my profession. 

Sometimes a change of venue lets you recharge and just think.  You can silence you Blackberry and/other devices.  One of my favorite ways is to take run in a new venue.

This year I tried something new.  American Electric Power sponsors a fun run. It starts at 6 AM in the morning. You can walk, run or jog. You start off as a group. As a slower runner, I was quickly left behind.  And for those who read my blog, my son is essentially correct. I do not run, I do the “old man jog.”  At this event, I realized exactly how right he was. Fortunately, my simple goal: just go farther and faster than the previous run. 

Charleston Place was the conference hotel.  I started heading south on Meeting Street, ran until I got to the White Point Garden and headed west on Murray Blvd. It was so beautiful early in the morning. The sound of the ocean gently lapping against the shore or flood wall was calming.  The city was waking up, I saw very little traffic. The smell of the ocean was a refreshing change.  The entire run both mornings put me in an excellent frame of mind for the rest of day and evening events.  The run took 45 minutes.  This is an activity I will look forward to at future IAMC forums.

A couple of pictures of my running path not taken at 6 AM.


My Life is Beeps, Buzzes, Vibrations, Etc

My son was here from college.  One night the family was enjoying dinner when I realized how many beeps and buzzes go off. My kids' smart phones beep when they got a text, Twitter or Facebook notification, and vibrate when a phone call comes in. My wife's phone buzzes and beeps when she gets a Facebook notification, a text or an email, and her phone rings when someone calls her.  My personal phone beeps once when I get a text (I do not leave my 3G on all the time) or rings when I get a phone call. My business phone buzzes when I get an email or text and rings when I get a call. 

Well, you get the idea. All these notifications can be very distracting.  And depending on what else is going on, very annoying.  It is even worse when two or more have the same notification sounds.

It is almost comical.  Imagine the constant stream of sounds and noises.  You may experience it with your family. 

Now think about all the sounds we can have at dinner or when we are all in the same room. This does not include our landline. It grows exponentially when my kids have friends over. 

All in the name of connectivity.  So we are all so connected on our devices to a bigger world. Ye we are disconnected at the dinner table or in small interpersonal groups. In fact, when I go to meetings in our office, I do not take my cell phone or iPad in an effort to minimize distractions. 

Unfortunately I do not have an answer.  Except to say I do not think it will get any easier.

You Are Not Alone...

and you do not need to be.  When I had my own business it was a lonely start. Several of my clients were in the immediate area, but my market was outside the region.  What I realize now is I may have a general understanding of several aspects of business, but access to greater expertise in several fields would have been immensely beneficial.
I read this article a while ago.  It offers valuable advice to start-ups and other entrepreneurial ventures.  The article suggests a start-up businessman seek an advisor. This is not to be confused with a mentor. A mentor is someone you would talk to about many different issues. Equally important, a mentor can be the type of business person you aspire to be.
Generally, an advisor brings a skill not possessed by the entrepreneur.  An example is marketing or accounting.  An advisor is compensated in some form, perhaps stock or some other non-cash payment.  The article also suggests an agreement be executed. 
For a start-up business man unable to form a board of directors due to time constraints, this is an excellent alternative.   It is important not to request too much time or involvement from an advisor.  Rather consider an advisor as a check on an activity you may undertake, but is unfamiliar to you.