Effective Communications Leads to Results
How well do you communicate with your employees, boss or others in the office?
Talk is cheap, but it should come as no surprise that effective communications is the backbone of every successful business, not only for consistent feedback, but for a two-way dialogue as well.
Feedback between peers and others does several things. First, it mixes praise with constructive criticism about a specific project or activity. Second, employees who are rated on their performance can receive timely advice about how they are doing rather than waiting for the shoe to drop during the often-dreaded performance review.
Of course, managers also use feedback to improve employees who aren't contributing their fair share to company goals. In any event, managers and employees should schedule the time to sit down and converse on a regular basis.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.