Feedback matters. It matters enormously for your team’s personal and professional growth.
We know that giving people feedback accelerates self-awareness, encouraging them to embrace and leverage their strengths while helping them define new areas or objectives to build towards. Feedback is also a critical way of connecting work to meaning and purpose; away of ensuring that people feel seen, their needs and goals are heard and understood, new skills mastered, and potential future career paths are determined. At the same time, feed back creates space for any obstacles, workplace or teammate issues, or other problems to surface for discussion, analysis, and resolution.
The benefits of giving feedback are clear, and employees crave it. According to Deloitte, just under 60% of Millennial and Gen Z workers expect active guidance and support from managers, yet less than 35% experience it. PwC reports that those organizations that implement real-time feedback see a 25% increase in Gen Z engagement. Meanwhile, a large-scale Yoh survey shows that 24% of all employees would consider quitting their job over insufficient feedback on their performance.
Giving feedback drives growth, fuels engagement, and supports the development and retention of your talent. Yet, so many managers still struggle to get it right. One Gallup poll shows that less than 15% of managers feel confident about giving effective feedback. Gallup also finds that just 17% of younger workers receive meaningful feedback regularly; worse still, of those who do, only 14% say that it inspires them to improve in their work.
So what’s going on?
Giving performance feedback isn’t easy. For leaders, it can feel uncomfortable and awkward –agonizing even. Some may dislike the idea of causing hurt or provoking emotion or negative reactions. Some leaders might be conflict-averse or worry that criticism – however constructive – might be taken the wrong way; that it might detrimentally impact the working relationship.
Others might wonder if it’s worth the hassle, the interpersonal minefield that they have envisioned, or whether feedback even works in practice – whether it has the desired impact on longer term performance and development.
In my experience working with hundreds of leaders and senior executives, nearly everyone has at some point struggled to give their teams timely, purposeful, balanced, empathic, specific, and effective feedback. Others cleave to unhelpful notions or assumptions about what effective feedback should and should not be – and all of which misses the point, which is this: As a leader it is your responsibility to observe, assess and evaluate the performance and development of the people that work for you, and to share insights with them that will help them to grow, personally and professionally. It’s your responsibility. So how do you go about getting it right?