Significant changes in how business leaders work with feedback and development have occurred during the past few years. More and more of the organisations we work with have begun to recognise the connection between clear, relevant feedback, employee development, and the subsequent improvement of business results. Being transparent and open in giving and receiving feedback, with the aim to set clear expectations and support employees’ development processes, is an important element in creating psychological safety. In return, an organisation that is able to establish a culture with psychological safety will experience a faster development process and higher levels of motivation.
Working with leaders across the globe for the last 30 years it very often strikes us how difficult it seems to be to use one of the most powerful tools that leaders have in their toolbox to enable performance. Feedback is essential for fast development and growth of people and organisations and the best thing of all its free of charge.
It is often stated that most mergers and acquisitions fail to meet their overall business target. Due diligences are made and the organisations are turned upside down and inside out; firstly to ensure that all that needs to be known is known, and secondly that the organisations (to be merged or acquired) will be a complement to, or add value – with the target that 1 + 1 should at least = 3. So what is the problem, why is it that most mergers don’t succeed and meet their targets?