The #1 Business Management Practice Of All Time (Voted!)

The editors of ProfitGuide Business Magazine have compiled a list of the best 30 business practices of all time, and the one which took the #1 spot is: One-on-One Meetings (aka: 1-on-1s)! These weekly one-on-one check-in between a manager and each of his or her direct reports is the single most valuable management practiced of all time.

Here’s why:

Alignment Through 1-on-1 Meetings

Strong relationships are built on effective communication and structured weekly one-on-one meetings with each of the team members. It fulfills the basic requirement of employees to be recognized, acknowledged, given feedback and communicated with clarity about the direction and progress. It also allows employees to provide feedback to the manager and answer any questions that are necessary to keep both aligned on a regular basis.

A Meeting for 2-Way Closed-Loop Feedback (Conversation)

One-on-one meetings give the boss time to outline his or her needs, goals, and expectations; while providing an opportunity for the employee to receive undivided attention to relay progress, get clear direction, and perhaps even receive a compliment.

They Are Done Weekly & Regularly

Mark Horstman and Mike Auzenne are two notable and renown experts on effective management and run Manager Tools which is one of the best resources (and a podcast) on effective management.

In Manager Tools’ Basics of Effective One-on-Ones (PDF), Mark and Mike state that “Good Managers Rarely Miss Them” about these 1-on-1 meetings and to the point of “When Do We Do One-on-Ones?” they say “For Most, Weekly With Each Team Member / For Some, Bi-Weekly With Each Team Member”.

The weekly meeting is absolutely critical and, don’t forget, it’s considered the #1 business management practice of all for a reason.

They Save Time

Most managers are already spending at least one cumulative hour per week holding unstructured conversations with their staff – why not hold a structured one-on-one meeting using that time which will enhance the relationship and improve clarity and alignment much more so than unstructured chats.

They build loyalty

We all know that emails are not OK for managing people. They are OK for handling brief communications, but nothing replaces one-on-one interactions. You must be more than just “pen pals” with your people.

Again, how often do others think you should have one-on-ones? All successful executives globally are consistent – it must be done once per week and can be as short as 20 minutes and can go up to an hour. We agree which is why we engineered our Atiim Pulse & Weekly Status Report to help effective managers make your one-on-ones more effective, allowing you the CEO or manager and your direct reports to align, communicate about progress and objectives, address any key issues, and most importantly build relationships.

What else? Do you or do all the managers at your company do regular one-on-ones?

Do you manage a company or teams (either as a CEO, a senior executive, a middle manager or even a front-line manager)? Do you set and track objectives? Does aligning employee performance to business goals matter, and are you responsible for driving results? If so, please check out a live demo of Atiim OKR & Goals Management Software and we’d love to hear what you think about it. Thank you!

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