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3 Reasons Why Having Management Feedback is Important

Posted by Yen Phuong Nguyen on

When does your organisation review your performance? At the end of the year or more often than that? If your answer is the second choice, you’re in the right hand. The feedback process is vital to any organisation as it is the element that sparks innovation and improvement.

Read more: Performance review - Which method is right for your enterprise?

Why Having Management Feedback is Important

The importance of having management feedback

Feedback helps promote positive changes, set new bars for the whole team to acquire, and give your team an overall view of your situation. Plus, feedback allows your employees to reflect on and improve their own performance.

Read more: Talent management - What organisations can learn from top sport teams

Feedback increases motivation

The feedback process informs you of your staff’s strengths and weaknesses and acts as a guideline to help them develop. As a manager, understand your subordinate’s ability is a critical step to lead your team to success, show your appreciation and recognition whenever they have an accomplishment.

For example, telling them that they are doing well because they exceeded their goal by 10% is more effective than simply saying "you're doing a good job." In addition, instruct them which area they need to improve to meet the expectation of their performance.

Read more: KPIs - the key to identifying your top performers

Altogether, giving your employees the right feedback at the right time is essential as it not only generates positive changes, it also motivates your staff to perform better and dedicate more to the organisation.

Feedback enhances personal improvement

Giving feedback should be frequent and constructive. People tend to respond better to comments presented in a positive and helpful way. Giving the right response can lead to a better outcome and even greater success. Moreover, through the feedback process, employees are able to understand the expectations in their behaviour and performance, whether they need additional training or not.

Feedback can also help to identify issues and resolve them. From an individual’s minor issue to a bigger problem that is holding your team back, feedback process is a perfect chance to gather the team together and point out the cause as well as come up with a resolution.

Read more: Duplicating your top employees

Feedback strengthens the relationship between employees and managers

Your employees usually crave for feedback since it is essential to their professional growth. Frequent feedback can boost their engagement with the organisation and motivate them to perform better with their tasks.

The process of feedback requires the whole team to work together to clearly plan and review each other performance, simultaneously, facilitate communication between peers and between manager and employees. Feedback bonds the managers and their staff in both professional and personal way which would eventually raise employees’ engagement and reinforce the company culture.

Finally, create a regular feedback procedure gives your employee chances to speak their minds and contribute their ideas to the project. With proper performance assessment, you will enhance the relationship between managers and employees as well as benefit your employee’s personal growth.

Read more: Understand the fundamentals of 360-degree feedback

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Topics: Talent Management, Leadership, Teamwork

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