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Let’s face it: “It’s time for your annual review!” are not the words your team members look forward to hearing each year. And, chances are, this is not the highlight of your year, either.

Given the pace of speed and change in business today, this process of review needs to happen on a much more frequent basis. In fact, it should be more of a daily or weekly two-way communication between leaders and team members. This creates a healthy feedback loop between the leader and the team that highlights what is working and helps to make real-time course adjustments for what is not working.

The frustration of the annual review is very often that it visits issues when it is too late to fix them. And it also fails to recall the small but significant actions taken during the year that kept goals on track. It is good to have a year-in-review from a bigger goals standpoint; but it is just as important to review those goals in detail regularly.

If you don’t have a good feedback loop with your team, take some time to review this article to learn how you can make it better. In it, you will learn 8 Reasons Why the Feedback You Are Giving is NOT Helping.

As the CEO of Strength Leader Development, Deb Ingino is a highly sought-after international executive mentor, coach, trainer, and speaker. Deb is well versed in global business operations and helps business leaders and their teams to discover and leverage their strengths, so they can create highly collaborative teams that deliver great results. With a refreshingly direct style, and using the Maxwell Method, Deb helps leaders and teams to deliver profitable results. Connect with Deb to learn more about her mentorship and coaching programs to equip you with advanced strategies to elevate your results.