Without the right team feedback, even successful companies can lose up to 22% of their revenue. This is the conclusion reached by researchers from Gallup and Workplace Medicine. The culture of productive feedback is being implemented in two directions: continuous training of employees in the rules of feedback and the organization of a feedback system.
Carolina Dobina, Producer of Educational Courses at ProductSense and Curator of the Practical Feedback Intensive , spoke about why companies need to build a culture of correct feedback and what common mistakes are.
How feedback affects company performance
The traditional feedback format for the 20th century - annual attestation - seems too cumbersome today. 95% of managers oppose this approach, and among the main reasons they name high time costs and super-efforts. A manager spends an average of 210 hours of work time on this process , and it has not been proven that the finished rating affects personal performance and business results.
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Giving Constructive Feedback: The Ultimate Guide
When to Give Feedback in a Group and When to Do It One-on-One by Roger Schwarz
5 Awesome Ways to Give Feedback to Your Team (+ Shit sandwich)
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The Ultimate Guide To Building Feedback Into Your Company
Employee feedback examples using formal, informal, and constructive techniques
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Employee feedback strategy: Your guide to success
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- make sense Product Mindset, Product Sense Chat.