How to Give Effective Feedback with TACOS
Put down the compliment sandwich.
As a leader and communicator, it’s crucial that the messages I share with my team are received correctly. I work in a fast-paced environment, and, as the adage goes, time is money. So, when I have an employee who needs to be corrected, I don’t just need to share that correction fast — I need the employee to understand it fast.
And isn’t that the case for all of us, fast-paced environment or not? A disengaged employee can cost a company “34% for every $10,000 of salary”, according to LinkedIn.com. And with just short of half of employees saying that they are disengaged when they don’t receive feedback, that means that the onus is on us, as leaders, to set our employees up for success. Feedback is commensurate with employee engagement.
That means employee engagement is time is money.