Management Training Tips:
Leadership Development and Talent Management - Productive Performance is the Goal
The goal of all business management leadership development and talent management is to develop people so they are consistently showing productive performance.
The business management formula for getting top performance is P = MC3(cubed)
Productive Business Management Performance is having the competence and motivation to consistently achieve maximum outcomes, in minimum time, with "just-right" efforts, that results in maximum time to enjoy life.
P = M x C x C x C which means:
Productive performance is a function of Motivation x Competence x Congratulations x Cash.
Motivation -- is the ability and willingness to keep going in spite of set-backs.
Motivation is measured by 3 criteria:
- Interest -- does the person show active interest in engaging in the task?
- Willingness to take calculated risks
- Ability and willingness to take responsibility
The 3 Motivation Levels:
High Motivation Level = Exceeds Business Management Expectations (gets engaged with doing the task, asks questions; tries new, better ways of doing things; consistently meets deadlines) on this specific goal/task = M2
Moderate Motivation Level = Meets Business Management Expectations (exhibits interest off & on; becomes hesitant & loses confidence; sometimes does not complete task on time) on this specific goal/task = M1
Low Motivation Level = Does Not Meet Business Management Expectations (is indifferent to the task, gives up easily; doesn't try out new ways of doing things; often does not complete task on time) on this specific goal/task = M0
Competence -- is the ability to carry out a specific task or goal to CONSISTENTLY produce the desired result.
Competence is task/goal specific - not universal. A person can be highly competent at programming but not very competent at business management.
Competence is made up of 4 criteria:
- Technical skills
- Emotional Intelligence (Self-Awareness, Self-Management, Empathy, Social Skills, Leader Assertiveness),
- Job knowledge
- How to collaborate with other people in the company.
The 3 Levels of Business Management Competence:
High Competence - Has all 4 skills to do the task/job well, requires little to no supervision. (Is well trained, technically; listens well; has a good grasp on how to do the task at hand; plays well with others) = C2
Moderate/Some Competence - Has some of the 4 skills, does well most of the time, and needs some supervision. (is well trained, technically; sometimes does not listen & so makes mistakes; sometimes does not understand the task; can get into conflict with others) = C1
Low Competence - Lacks skills needed to do task/job well. Needs close supervision to help the person or team develop the skills = C0
Congratulations - are about letting people know when they've done a good job. Congratulations also means leaders/managers give people the feedback they need to correct mistakes and improve on their productive performance.
Cash - people need to be paid an appropriate amount of money for the work they do. Preferably people get paid for productive performance, not time on the job.
Source:
http://subject2change.ca/blog/
Business Management
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