Workplace Accountability in Four Steps

Worplace-accountability-in-4-steps-05-21

Have you encountered a co-worker, boss or employee, who slacks off, unloads their work onto others, or takes credit for work and ideas that are not their own?  Accountability in the workplace can often seem a bit too scarce, especially when the competitive drive kicks in.

Or perhaps, someone that works hard, but never seems to get the important things done correctly, on time or within the budget?  They could simply be unorganized or overwhelmed.  If done correctly, implementing a process to improve accountability will also improve efficiency, reduce anxiety and promote teamwork, benefiting the entire team, department and company.

Using SMART goals:

Using SMART goals is well, very smart, and a good place to start.  SMART stands for Specific, Measurable, Attainable, Relevant and Time-based.  If all management does is replace current puff, shallow or vague goals with SMART goals, then progress can be made and improvement quickly achieved.  However, this alone is not enough, more must be done to insure continued progress.

Accountability Isn’t Popular

Accountability hasn’t been considered the “next big idea” because it’s not “flashy.” There are no “bragging rights” about implementing an accountability process. After all, accountability means people would need to change, rather than a system or process that needs to change. And who wants to be accountable if it means having to personally change?

What Happens When There is No Accountability

On the other hand, we’ve seen what happens when there’s no accountability for leading people or processes: The dot-com bust, Enron, Katrina, FEMA…Scandals everywhere: Politics, religion, sports…Bernie Madoff, bailouts and industries collapsing…Product recalls, contaminated foods, greed, waste and excess.  Hopefully, these extreme consequences are not applicable to you or your company in any way.  But if there is a lack of accountability, at best one will always struggle to find success; and at worse, bad things will happen, both customers and jobs will be lost.

Four Simple Steps for Workplace Accountability:

  1. Use job descriptions embedded with SMART goals as the basis for hiring or promoting people into a position.
  2. Share the job description with incumbents so they know their accountabilities and let them know this will be used for training, coaching, and performance feedback.
  3. Have objective ways to measure and monitor performance and communicate those methods to the people performing the jobs. Follow through by providing feedback about performance.
  4. Provide training and coaching opportunities to enhance performance.

Conclusion

Though simple, these steps are not easy.  Change is never easy nor is holding employees accountable for their responsibilities and success.  Merely doing a job, does not ensure it’s done correctly or successfully.  Clearly defining what success is and helping employees achieve that success with a process that trains, explains, tracks and reminds, will help management identify appropriate SMART goals and implement a process in which accountability can be tracked and rewarded.  Constant vigilance and tweaking will be required for long-term success.  But the rewards are happier employees and a more profitable company.

We hope you found this article about workplace accountability in four steps helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or home page www.Groco.com.  Unfortunately, we no longer give advice to other tax professionals gratis.  Considerately yours, GROCO, GROCO Tax, GROCO Technology, GROCO Advisory Services, GROCO Consulting Services, GROCO Relationship Services, GROCO Consulting/Advisory Services, GROCO Family Office Wealth, and GROCO Family Office Services

This article includes excerpts, reproduced with permission, from an article by Marty Stanley, president of Dynamic Dialog, Inc. source, Partner Insights.

 

To receive our free newsletter, contact us here.

Subscribe our YouTube Channel for more updates.

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan Olsen, CPA

Alan L. Olsen, CPA, Wikipedia Bio

Posted in

Will Contests: A Good Offense is the Best Defense

Will Contests: A Good Offense is the Best Defense When an elderly grandmother leaves all of her assets to a new beau, or Dad leaves everything to the child who visited most in the nursing home, a will challenge may be in the offing. Will contests generally are brought by unhappy family members who feel…

CAPITAL GAINS Taxes: DETERMINING YOUR TAX BASIS

Capital Gains: Determining Your Tax Basis

Capital Gains: Determining Your Tax Basis The two chief forms of income for most people are “earned” and “unearned” income. Earned income (generally, your compensation for work that you do) is taxed at rates beginning at 10% and rising to 38.6% (in 2003). Capital gain, the income earned from your investments, receives preferential treatment. The…

Making the Most of Home Equity: Tips for Senior Citizens

Making the Most of Home Equity: Tips for Senior Citizens

 Making the most of home equity For senior citizens living on fixed incomes, the need to replace a car or do substantial home repairs can disrupt finances. Major unplanned expenses caused by illness or disability can lead to financial disaster. Fortunately, many senior citizens are sitting on a major financial asset: the equity in their…

Keeping Your Health Insurance Premiums Low

Keeping Your Health Insurance Premiums Low Health Savings Accounts (HSAs) offer tax deductions for medical expenses, and the opportunity to set up an additional retirement account. But regardless of any other positive benefit of HSAs, lower premiums are the primary reason that thousands of Americans have chosen Health Savings Accounts as the best way to…