Whether it be collecting data on employee progress or company culture, turning key aspects of the workplace into data points can help leaders create better teams and organizations, according to a July 20 MIT Sloan article.
Here are four ways data can be used and collected to improve teams:
- Measuring employees' performance through accurate metrics can help the team evaluate and develop their talent.
- Set key performance indicators and collect data on them to ensure both individual employees and the team as a whole are on track for success and meeting strategy targets.
- Consider ways to quantify company culture into data to measure how successfully managers are presenting opportunities to engage as well as encourage employees to participate.
- Leaders must be able to read and analyze this data as well as listen to employees to be able to make the necessary adjustments.