Giving and Receiving Feedback

What is feed­back and why is it so impor­tant? Feed­back is healthy com­mu­ni­ca­tion between you and a co-work­er that rein­forces com­pe­tence and aligns expec­ta­tions. It is always aimed at a busi­ness-relat­ed goal and can be giv­en as well as received.

Feed­back is impor­tant because 50 per­cent of all non-per­for­mance prob­lems occur because of lack of feed­back. If done well, feed­back can increase the moti­va­tion and suc­cess of the indi­vid­ual and the team. It sup­ports effec­tive behav­ior and puts you back on track towards suc­cess­ful per­for­mance. Feed­back is a barom­e­ter for where you stand with your co-cowork­ers and can help you rec­og­nize and under­stand progress.