Peak Performers by Tiffany UmanHow to ace your performance reviewNovember 13, 2023 Thank you for joining my Peak Performers newsletter! Every Monday, we cover a crucial topic along with actionable tips to position you as the top 1% in your career. Let's dive in! Here are a few things that you may have missed last week along with exciting news: My latest Peak Performers newsletter: How to navigate office politics. My FREE LinkedIn Learning nano-course (only 11 min): Nano Tips to Fast Track Your Career. FIRST ACCESS to my FREE live Workplace Essentials Workshop! I will teach you how to master the workplace like a pro to amplify your confidence, influence and impact. This epic 1-hour event is happening Thursday, November 30 with two time options to choose from to suit your time zone. Save your seat here before I open up registration to the public! Performance reviews can be the stepping stones to your next big promotion or, conversely, a reality check on areas needing improvement. They are not merely a corporate formality, but a strategic opportunity to align your career trajectory with your long-term goals. Navigating them with finesse requires insight and preparation. This is not about putting on a show for your manager. Rather, it is about highlighting your contributions and growth while setting the stage for future opportunities. That said, I continually see so many professionals get this wrong, which keeps them stagnant in their roles without their desired progression. Understanding how to prepare for a performance review is crucial. It goes far beyond simply reflecting on what you have done. It is an art—melding self-assessment, strategic planning, and interpersonal communication into a cohesive narrative of your professional journey and goals. With the year-end timeframe around the corner, let's dive in and ensure that you are not only ready but poised to make the most of this opportunity. Here's how. Common pitfalls (and what to do instead).As the date of your performance review approaches, it is natural to feel a mix of anticipation and anxiety. A performance review is a prime opportunity to highlight your contributions, articulate your value, and set the agenda for your future growth within the company. But stepping into this review unprepared is like setting sail without a map.You must be strategically equipped to navigate this conversation with confidence and clarity. Here are 5 mistakes to avoid and how to navigate them instead to set you up for success: → Underestimating self-evaluation: It is easy to overlook the importance of self-reflection, but understanding your performance is key to avoid leaving any stone unturned. It also shows that you are committed to your own growth and are tracking your distinct evolution in your role.
→ Overlooking accomplishments: Sometimes we forget to celebrate our wins, but your review is the time to shine. Keep a 'brag list' and quantify your success.
→ Reacting defensively: Receiving criticism is tough but resist the urge to get defensive. Approach the review with an open mind, ready to discuss solutions, not justifications.
→ Missing the big picture: Don't get bogged down in the minutiae of your daily tasks. Elevate the conversation by linking your work to the company's vision.
→ Lack of future orientation: A review is as much about your future than it is about your past. Do not miss the chance to set goals and articulate your aspirations. Never leave it for others to assume of you.
3 strategies to ace your next review with confidence1/ Construct your performance narrativeCreating a compelling narrative for your performance review means weaving your achievements into a story that underscores your value and potential. More specifically, securing your next promotion or advancement goal ultimately comes down to demonstrating your track record in a way that serves as a vote of confidence that you can take on next-level opportunities ahead. You must connect the dots between what you have done and what it means for the company's future vis-a-vis your goals. Here are 3 ways you can do this effectively: → Document your achievements concretely: Go beyond listing tasks; detail the impact of your work. For example: "This year, I've led our team through a successful product launch that exceeded our sales targets by 30%." Do not simply regurgitate job duties of what you were expected to do. You must elaborate on how you delivered in this and the results it created. Be as quantifiable as possible. → Demonstrate how far you have come: For however long you have been in your role, craft your narrative in a manner that shows how you have grown within it. Use before and after examples tied specifically to the nature of your work to do this. Additionally, tie in competencies that would be required at your next level of growth and highlight examples of how you have been delivering on that already. This will help reinforce your perceived readiness for your next move. → Integrate company values: Most organizations encourage employees to embrace core values in their work. The more you can show alignment here in how you deliver your work, the more seamless it will be recognized by decision makers in your performance review. You can even go as far as showing how your work fits into the bigger picture. For example: "My efforts to enhance customer service align with our corporate initiative to boost customer loyalty, as evidenced by a 40% improvement in our customer satisfaction ratings." Pro tip: Gather accolades you have received over the past few months that you can use as verbatim examples in your performance review. This is a great way to highlight your value while showcasing the impact you have had on others. 2/ Demonstrate a growth mindsetYour review is a chance to show that you are not just working but more importantly, growing. Discussing your trajectory with specific examples will illustrate your commitment to personal and professional development. Tie this into the company vision and their top priorities as well so that there is a clear synergy on the way you want to progress and the direction the company is headed. Here are 3 ways to help you shine here: → Show your progress: Reference past feedback received and your responses to it. For example: "Following last year's review, I took your advice to enhance my data analysis skills, which paid off in optimizing our monthly reporting process, allowing for 30% time savings." By acknowledging and acting upon feedback, it shows your manager that you take your growth seriously and want to remain in control of your progression. → Seek feedback beforehand: Performance reviews should not be the first time you are bringing up advancement goals or career growth conversations, nor should it be the first time you are hearing a new piece of constructive feedback. Leverage moments prior to this review to engage with your peers and leaders to gauge your performance. You can then also highlight this in your review to show your thoughtfulness and proactivity. For example: "I sought out John's expertise to refine my negotiation skills, which has been instrumental in closing two major contracts this quarter of $250,000 each." → Share your perceived growth opportunities: Walk through the areas you would like to further develop or be exposed to in the next phase of your career growth at the company. Do not be shy to ask for trainings or to be more involved in certain areas that will allow you to focus more energy here. You can also take initiative to do this beforehand and update your manager prior to your review. For example: "I've enrolled in a leadership workshop to sharpen my team management skills, ensuring I'm equipped to take on more complex projects." Peak performers recognize that their thirst for growth, learning and continuous development is what keeps them sharp and striving for excellence. Use this to your advantage to play an active role in the way your career growth unfolds. 3/ Remain forward-focusedA performance review is not just a look back—it is a strategic planning session for your future at the company. Approach this meeting with a vision for your career and specific ideas about how you can continue to contribute to the company's success. You never want to leave a performance review feeling ambiguous or unclear on what your path forward is. It is your job to ask the right questions and steer the dialogue to get that clarity. Here are 3 approaches to implement: → Set clear goals: Instead of only relying on your boss to share future goals for you, come proactively with what you hope to accomplish next. You can outline what you aim to achieve and how it benefits your team and the company. Ensure you get complete alignment on your goals as well as your measurements for success in those goals. → Be explicit about what you want: Suggest initiatives that align with your career path and the company's needs. This is especially important if you are considering changing functions or departments and need to plant the right seeds to get that support in making it happen. → Prepare the transition plan: If you are on the verge of taking on a new role or promotion, help facilitate this transition with your manager in your performance review. Share how you will help with reorganizing work tasks or training others as you shift roles so that nothing falls through the cracks. How will you prepare for your next performance review?Remember, this is an opportunity not just to reflect on your past achievements but to actively shape the narrative of your future contributions. With thoughtful preparation and a clear vision, you can transform this review from a routine meeting into a pivotal career development moment. Prepare, perform, and propel—your performance review is a chapter where you are the author. Write it wisely. You've got this! This week's mission is aimed at helping you bring out your best in your upcoming performance review. To ensure you are fully prepared, set aside some quality time this week to engage with the exercises below. These reflections are designed to crystallize your thoughts, sharpen your focus, and enhance your readiness for the review. Your mission is to turn these reflections into actionable insights that will not only impress your reviewers but also pave the way for your next career leap. 1/ Craft your story of success and improvement: Reflect on your key achievements and areas of growth over the past review period.
2/ Envision your goals: Identify where you want to be by the next review and how it aligns with your team’s and company’s objectives.
3/ Prepare for constructive feedback: Think about areas where you may receive constructive criticism and how you can respond proactively.
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