Alternate Strategies for Performance Improvement Cyclone SHRM January 12, 2012

What is the success rate of your performance development plans? According to Lominger International the average ROI for individual development plans is 11%.

Critical Success Factors Awareness Acceptance Willingness to act Focus Strengths and talents Mission critical skills – managing weaknesses No fatal flaws

Steps to Improve Performance GAP analysis Establish goal Choose path Create action plan Define timeline

Paths to Improvement (Paths to Improvement - Korn/Ferry Leadership and Lominger Intl.) Deeper Exploration Insight Exposure Direct Skill Building Development Enhancement Good to Extraordinary Rerailment Alternative Paths Substitution Workaround Compensation Demonstrating Skill Marketing Skill transfer Confidence building Accept the Consequences Redeployment Capitulation

How to Choose? Skill level Time available Learning styles Derailer, untested Weak, average, strong, outstanding Overused Time available Short term Long term Learning styles VAK

How does development happen? 70% - on the job experience 20% - other people 10% - courses

How to Manage Around a Weakness (Marcus Buckingham) Stop doing it Find the perfect partner Offer up one of your strengths – change the task Change your perspective

Let’s Practice

Saving Graces (Paths to Improvement - Korn/Ferry Leadership and Lominger Intl.) Approachability Boss relationships Compassion Humor Integrity and Trust Interpersonal savvy Listening Understanding others Of the eight, which do you believe is the most powerful compensator for various faults and weaknesses?

Five Fatal Flaws for Leaders (Zenger and Folkman, The Extraordinary Leader) Inability to admit and learn from mistakes Lack of core interpersonal skills and competencies Lack of openness to new and different ideas Lack of accountability Lack of initiative

What are the benefits of exploring different paths for development?

Max DePree We cannot become who we want to be by remaining who we are!