Performance reviews are for leaders, while a circle of feedback is for all employees. This is not the same as performance reviews, as these sessions do not encourage people to be candid. Every six to twelve months, they ensured all employees took part in a circle of feedback. A Circle of Feedback - Netflix also introduced the concept of a circle of feedback, which was their dedicated sessions for feedback. “If you have a team of five stunning employees and two adequate ones, the adequate ones will sap managers’ energy, so they have less time for the top performers, reduce the quality of group discussions, lowering the team’s overall IQ, force others to develop ways to work around them, reducing efficiency, drive staff who seek excellence to quit, and show the team you accept mediocrity, thus multiplying the problem.” – REED HASTINGS No decision-making approval is required, release more control.
Strengthen Talent Density by Pay Top of Market.Į. When you tell people you trust them, they’ll show you how trustworthy they are.”– REED HASTINGSĭ. “Many employees will respond to their new freedom by spending less than they would in a system with rules. Go ahead and remove all kinds of Controls - Like Leave Policy, Travel and Expense Reimbursement Approval mechanism. Then Increase the Candor - Encourage your team to say what they think with a Positive Intent.Ĭ. “Once you have high talent density in the workplace and have eliminated less-than-great performers, you’re ready to introduce a culture of candor." – REED HASTINGSī. Increase Talent Density - A Great Workplace is Stunning Colleagues
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