63. Appraise Continuously
General Electric (GE) and McKinsey & Company have a reputation as "CEO machines" because so many people from their organizations go on to become CEOs of top corporations. GE and McKinsey use constant appraisal to improve their personnel. Both companies provide feedback that is deep, honest, frequent, and comes from all sources. The companies constantly evaluate their people and use appraisal to weed out those who do not measure up.[1]
Appraisal contains the root word praise. Appraisal includes positive recognition and rewards for the full range of performance. Too often praise focuses only on the outcome or result of a project. The winner gets rewarded and everyone else earns the label "loser." The best leaders recognize ...
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