How to conduct performance reviews with senior staff

Posted by James Price | JPAbusiness on 27-Jan-2021 02:00:00

This blog is based on some questions I put together a while back for my senior staff to consider in advance of their Annual Performance Review discussions. We've updated the blog to include some COVID-19-specific questions.

We have discussed the mechanics of the performance review process in previous blogs, and a key theme was that reviews are ‘a two-way street’.

Senior staff members bring considerable experience and insight to your business so you need to ensure you use the review event as an opportunity to tap into those insights for the benefit of your business, as well as the individuals involved.

Continue reading...

Topics: staff management, business advice, Business culture, business management, staff performance, performance review, James Price, JPAbusiness, Parramatta, COVID-19, coronavirus, Central West NSW

How to set up an employee incentive or share plan

Posted by James Price | JPAbusiness on 20-Jan-2021 02:00:00

We are often approached by private companies looking for advice about setting up incentive arrangements for their employees, including issuing shares to provide a form of ownership.

These companies tend to have turnovers ranging from about $5 million to well over $100 million, but they all share an interest in achieving closer alignment between their people and their company visions.

We tell these clients and prospective clients, issuing shares can be an effective means of aligning and incentivising employees, but it’s not the only option.

In this blog I’m sharing excerpts from some work we’ve done in response to some of these inquiries, which outlines a range of options when creating an employee incentive plan (EIP).

Continue reading...

Topics: business management, staff performance, performance review, James Price, staff share plans, Parramatta, managing employees, team building, employee incentives, incentive plan, company bonus

How to be a great leader

Posted by James Price | JPAbusiness on 13-Jan-2021 02:00:00

This blog comes from our eBook Surfer dudes, janitors and the Ritz-Carlton: Lessons in leadership and business culture.

Management consultant Kevin Catlin from Insight Strategies, Inc. generously shared three of his past blogs in the eBook, along with some updated comments at the end of each one.

We hope you enjoy the insights of this inspirational communicator and leadership expert.

 

'You can do better': the power of feedback

By Kevin Catlin
Insight Strategies, Inc.

I joined the army in July of 1976 but had to wait four months to turn 18 before I could be shipped off to basic. I was not a great soldier...

Continue reading...

Topics: staff management, Business culture, staff performance, leadership, James Price, guest blogger, JPAbusiness, feedback, Parramatta, team building, Central West NSW, managing staff

Staff training and PD plans – why you need to think about them now [templates]

Posted by James Price | JPAbusiness on 29-Jul-2020 02:00:00

As we head into an uncertain FY20/21 business owners and managers may be tempted to think now is not the time to prioritise staff professional development needs. I believe the opposite is true.

One of the key elements of your business proposition – large or small – is your team, and they’re going through the same anxiety you are. The COVID-19 crisis is impacting their professional lives, personal lives, physical and mental wellbeing, just as it is yours.

Even though you may be struggling simply to pay wages, the last thing you want is to lose good people, whether you lose them physically, or in the sense that they become disengaged as a result of their anxiety about the current environment.

Continue reading...

Topics: Template, business advice, business management, staff performance, running a business, professional development, Parramatta, staff wellbeing, managing employees, staff training, COVID-19, coronavirus, Central West NSW

My predictions for what work will look like post-coronavirus

Posted by James Price | JPAbusiness on 13-May-2020 02:00:00

The novel coronavirus has brought many changes to the way we work, but are these changes just a temporary blip, or here to stay? And if they are here to stay, what will our workplaces of the future look like?

Here are some of my predictions for what work will look like in the post-COVID-19 world:

  • Video will be the go-to mode of first communication.

  • Travel budgets will be dramatically reduced – physical travel and face-to-face meetings will be reserved for essentials (i.e. key client meetings, business development).
Continue reading...

Topics: staff performance, running a business, small business, business basics, Parramatta, staff wellbeing, managing employees, COVID-19, business strategy, coronavirus, scenario planning

Employing older workers – debunking myths and sharing strategies

Posted by James Price | JPAbusiness on 20-Nov-2019 02:00:00

Young people are most likely to be out of work in Australia, but older workers – over 55 – spend the most time between jobs: up to two to three years.

Older people are not the only cohort experiencing age discrimination in Australian workplaces, but I do believe as business leaders we’re missing a valuable opportunity to take advantage of this increasing pool of older, experienced workers.

Personally, I know of several colleagues from university who are in their mid-50s and have excellent experience and minds, but are finding it hard to secure meaningful roles.

Continue reading...

Topics: business advice, staff recruitment, staff performance, Parramatta, Orange NSW, mature-aged staff, employing older workers

How to conduct performance reviews for senior staff

Posted by James Price | JPAbusiness on 04-Sep-2019 02:00:00

I recently put together some questions for my senior staff to consider in advance of their Annual Performance Review discussions.

We have discussed the mechanics of the performance review process in previous blogs, and a key theme was that reviews are ‘a two-way street’.

Senior staff members bring considerable experience and insight to your business so you need to ensure you use the review event as an opportunity to tap into those insights for the benefit of your business, as well as the individuals involved.

Continue reading...

Topics: staff management, business advice, Business culture, business management, staff performance, performance review, Parramatta, Orange NSW

4 tips to turn around poor staff performance [cheat sheet]

Posted by James Price | JPAbusiness on 29-May-2019 02:00:00

If you choose to condone poor performance by a staff member, you’re sending a pretty negative message to other team members about your expectations for your business i.e. those expectations are pretty low!

And if you don’t deal with that individual with respect and in a professional and fair way, you’re also sending a negative message about your business culture and ‘how things are done here'.

The following cheat sheet sets out 4 strategies for turning around poor performance while taking into account the two points above, i.e:

  • performance issues must be dealt with, and
  • they must be dealt with in a respectful way.
Continue reading...

Topics: cheat sheet, staff management, business advice, staff performance, performance review, Parramatta, Orange NSW

'You can do better': the power of feedback when managing a team

Posted by James Price | JPAbusiness on 30-Jan-2019 02:00:00

This blog comes from our eBook Surfer dudes, janitors and the Ritz-Carlton: Lessons in leadership and business culture.

Management consultant Kevin Catlin from Insight Strategies, Inc. generously shared three of his past blogs in the eBook, along with some updated comments at the end of each one.

We hope you enjoy the insights of this inspirational communicator and leadership expert.

 

By Kevin Catlin
Insight Strategies, Inc.

I joined the army in July of 1976 but had to wait four months to turn 18 before I could be shipped off to basic. I was not a great soldier...

Continue reading...

Topics: staff management, Business culture, staff performance, leadership, guest blogger, feedback

 
Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
 
 

 

JPAbusiness

Topic

more

Recent Posts