In episode 74 of the Leadership Minute, Tony Uphoff explores the resurgence of performance-driven management and business and its implications for business leaders. He also offers some tech tools and applications that can support your performance-driven culture.
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Highlights
01:03 — Tony says that a decade ago, management culture shifted to emphasize empathy, emotional intelligence, and employee well-being to attract and retain top talent. However, we’re now seeing a move back towards a more performance-oriented business culture, particularly in the tech sector.
01:35 — Prioritizing empathy and employee well-being was intended to create a balanced management style, says Tony, but companies unintentionally let their focus on performance slip. Recent announcements from tech giants such as Meta, Salesforce, and Amazon indicate a heightened emphasis on performance. Leaders must balance empathy and accountability to navigate this shift successfully.
02:28 — Tony offers a few tips to achieve this. He says that leaders need to implement key strategies such as maintaining open communication channels, empowering employees, promoting continuous learning, and recognizing and rewarding success. The return to a performance-driven culture doesn’t mean reverting to outdated management styles but rather finding the right balance between nurturing teams and holding them to high standards.
03:13 — Technology can support a performance-driven culture by coordinating project management (Trello), providing data analytics (Tableau), and aligning teams and individuals around performance goals and metrics (15Five).
04:23 — The future of business culture involves merging the best of both worlds — an environment that cares for employees while laying the groundwork for exceptional performance.
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