Question

In: Finance

Describe how you could clarify your own work practices. List at least three strategies

Describe how you could clarify your own work practices. List at least three strategies

Solutions

Expert Solution

This is a very broad, open ended and subjective question. I have put together my thoughts below. Please use them as a backbone and create your own answer by adding your own thoughts around the same.

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I need to clarify, review and monitor my own work practices so that they are in line with bigger goals and vision the organization i am part of, is trying to achieve. This will ensure that I am working in tandem with others, they know what I am doing versus what I am supposed to do, where i fit into scheme of things and then seek feedback to monitor and review my own performance.

My strategies will be as follows:

  1. Complete transparency:
    1. I will maintain complete transparency with respect to my roles, responsibilities and action.
    2. I will have a well crafted job practices known to everyone so that there is clarity and transparency in the system.
    3. I know what others are doing and others know what I am doing.
  2. Feedback Mechanism:
    1. Will ensure a feedback system in place.
    2. People should be freely able to review everyone's practices and comment upon them.
    3. I will be receptive to feedback. I will mould myself and clearly expect others to be receptive of feedback.
  3. Establish quality standards for myself and others
    1. I will clearly establish what I call good, average and worse standards for me.
    2. I will adhere to the quality standards to ensure there is no sub standard output and reports. This may necessitate rework. But quality is output can't be compromised.
  4. Establish clear reporting framework
    1. A moderate level of hierarchy is required for a system to function efficiently.
    2. I know who my superiors are my own team should know whose views will prevail finally in case of road blocks.
  5. Establish reward structure
    1. Based on organizations' overall performance
    2. Based on individual's performance
    3. This ensures people are aware at the beginning what will get them rewarded during the year.
    4. This provides a direction to me as well as others at the workplace.

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