Alternate Strategies for Performance ImprovementCyclone SHRMJanuary 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 AwarenessAcceptanceWillingness to

actFocus

◦ Strengths and talents

◦ Mission critical skills – managing weaknesses

◦ No fatal flaws

Steps to Improve Performance

1. GAP analysis2. Establish goal3. Choose path4. Create action

plan5. 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◦ 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 itFind the perfect

partnerOffer 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.)

ApproachabilityBoss

relationshipsCompassionHumorIntegrity and

TrustInterpersonal

savvyListeningUnderstanding

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 accountabilityLack 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!