I recently received an e-mail from someone to let me know that they had decided to unsubscribe from my list and gave me a couple of reasons why. It got me thinking about the value of feedback in terms of leading and managing. We all know that depending on how we view it, feedback can sometimes have a negative impact on us. At the same time, if we are truthful we are probably missing a trick if we react negatively.
So what is the real value of feedback?
Benefit 1: You gain insight
Every time you get feedback, whether it is negative or positive, you get some insights into what is working and what is not. This insight can help you develop, grow or perhaps modify what you are doing.
Benefit 2: You can make change
We all have probably heard the phrase if it is not broken don’t fix it. At the same time if something is not achieving what you want it to, getting feedback gives you the opportunity to make change, so that you get the result you want.
Benefit 3: It makes you stand back and take stock
It is easy just to jump from one thing to the next without ever stopping and reflecting. Feedback is a bit like the brake on a car. It forces you to slow down, take stock and then decide what is best to do next.
Benefit 4: It provides you with a different perspective
No two people looking at things in the same way. We all have our own unique lens or lenses that we view things through. Feedback is often just a different perspective from your own about a particular thing you are doing or problem you are dealing with.
Bottom Line – Feedback costs you nothing but offers you a lot of value. So how could you use feedback to achieve more success?
Since 2006 I’ve worked with in excess of 8,000 accountants and professionals in workshops, seminars and one to one helping them land their next jobs and become better leaders, presenters and business partners. Before that I spent 25 years in accountancy climbing the career ladder from Payments Clerk to FD. I’m a CIMA Fellow, Certified Professional Coach and Team Coach Facilitator.