In this episode, Debi Wolfe discusses the evolving landscape of performance reviews. She explores the ineffectiveness of the traditional review process and advocates for a shift towards continuous feedback and forward-looking evaluations. Debi emphasizes the importance of building trust between leaders and employees, encouraging a culture where feedback is a two-way street.
Key Takeaways
Performance reviews are often ineffective and need a revamp.
92% of employees desire more frequent feedback.
Looking forward in reviews can boost productivity by 13%.
Shifting the focus from problems to solutions is crucial.
Building trust between leaders and employees is foundational.
Employees want to feel seen and valued in their roles.
Regular feedback fosters accountability and growth.
Leaders should also seek feedback from their teams.
A culture of continuous improvement benefits everyone.
The future of performance reviews lies in collaboration and trust.
Guest Bio:
Debi Wolfe is a dynamic and versatile C-suite executive and entrepreneur. Early in Debi’s career, she started two successful businesses. One was a regional scientific staffing company that was acquired by Kforce, a large publicly traded staffing firm. Debi’s company was the launch pad for a new division where she served as President. Debi built the business into a top tier national player within the industry. This success presented the opportunity to sell the division where she led the sales process and divestiture efforts.
Post exit, Debi made a career pivot and became a business consultant specializing in business transformation and culture. She worked with CEOs in a wide range of industries. As a result of her successes, Kforce recruited Debi back as Senior Vice President of Human Resources with the objective to modernize the function and lead a corporate restructure. More recently, Debi was tapped to be the Chief People Officer at Hays, a global recruiting company based in London. In this role, Debi built a People & Culture team from scratch and helped integrate the business from being a privately owned small business into a large global company. Currently, Debi serves as an executive advisor, coach, and consultant.
Debi is a business minded strategist with proven success in building, modernizing, transforming, scaling, and optimizing businesses through holistic talent, culture, process, and technology strategies. Her approach is collaborative and combines her operational experience with her business development and culture expertise. She views her career as a mission and is driven by a deep sense of purpose to make a positive impact. Her greatest passion is developing leaders and building teams. Throughout Debi’s career, she has consistently developed high impact leaders and award-winning teams.