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The Mid-Year Checklist
While we all know that managing is an ongoing process, the calendar provides us built-in ‘milestones’ to support a leadership rhythm that is essential for the alignment of the organization.
As we approach mid-year, here are some things that should receive attention. Don’t wait until July or August to put them in motion. Getting ahead of the curve will allow you to make course corrections in time for them to make a difference.
Evaluate Progress
What has changed since you set the course for the year? How would you grade your organization’s ability to stick to ‘the program’ for the first half of the year? Has it been able to adhere to the values that were established? Has it remained committed to the strategic plan? And has it succeeded in execution of the plan to-date?
Evaluate Compensation
Do you have any mid-year compensation decisions to make? Do you need to address any employees with below average pay? Are your variable pay plans acting as intended? Are you rewarding the right things?
Evaluate Performance
Have all employees received performance feedback or coaching conversations? Have you had at least one coaching conversation with your manager? Have your direct reports had at least one (preferably more) performance-related conversation?
Evaluate Communication
Have you scheduled an all-employee meeting or phone call? Have you set aside a time to communicate an update about the performance of the company and the near-term challenges ahead?
Receive Feedback
Have you listened? Have you given employees an opportunity to tell you what is going well and what is not? Have you openly requested feedback, with a process that encourages honesty?
Taking time to pause and ask these questions will certainly pay off at the end of the year – and possibly as early as the day after you ask the questions!