Posts Tagged ‘raise’

Why Performance Reviews Don’t Work In IT

Thursday, April 22nd, 2010
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Performance Reviews Should Be Kid’s Stuff, But They Aren’t

Performance Reviews Should Be Kid’s Stuff, But They Aren’t

For just one article, let’s be brutally honest here. Let’s spend just a moment talking about that annual rite of passage that all IT Leaders and workers go through: the annual performance review. These conversations are lies and falsehoods build on conflicting goals that serve nobody’s best interest. Do I have your attention now?

Performance Really Doesn’t Relate To Pay

Think about the last time that you had a performance talk with your boss. You entered his / her office (or these days you picked up the phone because they are located “somewhere else”) and you steeled yourself for “the talk” . No, we’re not having one of those “the birds & the bees” talks, rather we’re getting ready to have a talk about something far more difficult to talk about: money.

Let’s put a stake into one of the longest running myths out there: this talk has nothing to do with the amount of raise that you are (or are not) going to be getting. The amount of a raise that you are going to get in any given year is determined by market forces, not your boss.

In fact, it’s probably your boss’ boss who is setting the raises for this year. Toss in a bit of consideration for the company’s annual budget for that year and you’ve got the makings of a done deal long before you sit down to have a discussion with your boss.

Unfortunately what this means is that the discussion that you will be having with your boss or that you will be having with your team is really just an attempt to justify the predetermined amount of raise that is being doled out. At the end of the day, a performance review really has little or nothing to do with your (or your team’s) performance.

Just How Objective Is A Performance Review?

As long as we are taking a swing at performance reviews, let’s go all out. Another myth that we need to dispense with is the assumption that a performance review is an objective review of a person’s accomplishments or failures.

Look, there’s no way that this could be objective. Dr. Samuel Culbert said it best when he said that an evaluation is a way of confirming that “Where you stand determines what you see.”

In the end, a performance review of an IT worker is probably as much about how the manager sees the worker as it is about how the worker has actually performed. That doesn’t really seem fair, now does it?

What All Of This Means For You

So the performance review system is broken. At least that’s something that we can all agree on. It’s not enough to just sit there and complain, we need to find a way to fix it. It turns out that the solution is actually rather simple (in concept).

What’s been missing all along is the idea of having a manager and the worker sit down BEFORE the performance period and agree on what needs to be done. Since the real job of any IT Leader is to work with their team and coach, teach, guide, and assist them to be successful, it sure seems to make sense that agreeing on what needs to be done before the work is to be done is a good way to have a shared sense of what needs to be done.

This simplifies the post work communication. Instead of having a meaningless discussion about a bunch of vague performance characteristics, you can have a detailed discussion about actual goals and what happened with them. This is much harder to do, but ultimately much more useful to all parties involved.

- Dr. Jim Anderson
Blue Elephant Consulting –
Your Source For Real World IT Management Knowledge

Question For You: Do you think that doing performance assessments before the work was done would work at your company?

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What We’ll Be Talking About Next Time

As IT Leaders who live in troubling times we are always trying to do two things: hold on to our jobs and be more successful. One of the best ways to do both of these, or so we have been told, is to go out and get an MBA. Well that’s all great and fine if you’ve got four or five years to burn, don’t need to do anything else at night, oh and have a big chunk of cash sitting around that you had no other plans for. Maybe it’s time to look for a better way to accomplish what we’re trying to do…

So IT Leader, Are You Thinking About Getting An Executive MBA…?

Thursday, February 19th, 2009

Does An IT Leader Need An Executive MBA?

Does An IT Leader Need An Executive MBA?

As the world’s economy continues to shudder, everyone in IT is scrambling to find ways to make themselves more valuable to both their current employer as well as to their next employer (if needed). For a long time, getting an MBA has been an option that many IT Leaders have considered. The big drawback has always been the amount of time that this degree requires – on top of all of your other responsibilities. It turns out that there is another option: the executive MBA.

I guess a good question to start off with is how does an executive MBA differ from a “regular” MBA? An executive MBA generally meets every other weekend for two full days – Friday and Saturday. Students generally travel to campus to participate in classes. While not in class, remotely located students collaborate to complete class assignments.

There’s also the issue of time: an executive MBA generally takes two years from start to finish. If you are working and choose to participate in a regular MBA, there’s a good chance that it will end up taking you longer to complete your degree as you take one or two classes a semester.

Where to go is the big question if you choose to pursue an executive MBA. There are a lot of executive MBA programs out there and because they are such a profit center for universities, they are all marketed heavily. Thankfully the folks over at the Wall Street Journal have taken the time to conduct a survey and they’ve found the best places for an IT Leader to go.

Just how do you go about ranking executive MBA programs? Well over at the WSJ they decided to go about doing it based on multiple criteria. The most important factor that they chose was how corporations viewed the programs – I mean you’re really getting the degree to boost your marketability, right? Next came how students in the program actually felt about the program. Finally, the value of what they were being taught was factored in.

So who won? Here’s the ranking of the top 10 executive MBA programs as computed by the Wall Street Journal:

  1. Northwestern University (Kellogg)
  2. University of Pennsylvania (Wharton)
  3. Thunderbird School of Global Management
  4. University of Southern California (Marshall)
  5. University of North Carolina (Kenan-Flagler)
  6. University of Michigan (Ross)
  7. Cornell University (Johnson)
  8. Columbia University (NY Program)
  9. University of Chicago
  10. Duke University (Fuqua)

So what do YOU need to consider if you are thinking about enrolling in an executive MBA program above and beyond which program ranks the highest? One interesting point is just how much this is going to cost.

The executive MBA programs that were reviewed by the Wall Street Journal cost between $65,000 and $160,000 just in tuition (books, travel, etc. would all be extra). Since lots of students work for firms that pay all/part of the cost of the program, the median out-of-pocket cost turned out to be something like $45,000. Of course then there’s the issue of travel…

In the survey, 64% of the executive MBA students traveled less than 50 miles to go to school which means most of them are local to the school. However 7% traveled up to 200 miles and 9% traveled more than 1,000 miles.

In the end, the big question is if this is all worth it? Once again we can go back to the survey to find out. 24% of those students surveyed said that they had been given a both a raise and a promotion since they started executive MBA classes. Another 30% said that they expect both in the next year.

So what do you think: is an executive MBA the way to go or is a regular MBA better? Do you think that getting an MBA would be worth $45,000+? Could you stay at your current company or would you have to leave once you got your degree? Leave me a comment and let me know what you are thinking.