Make sure you and your team know which ratios or financial data matter to your business. Then distribute the latest numbers regularly. Example: An investment firm may track earnings per share and assets under management, setting targets and motivating employees to exceed them.
The entire manager/employee relationship is based on one thing: communication. Yet most managers don’t talk to their staff enough … don’t know what to talk about … or don’t know how to have the necessary conversations to motivate and improve performance....Click here to find out more.