Having the right organizational structure is one of the key aspects of successful businesses and firms. This is because the structure of a company affects how the entire company runs. Most importantly, it affects how the company gives feedback. In his blog post, Stefan Töpfer talks about “the importance of feedback for management and improvement”.  He talks about how managers can improve the way in which they give feedback, to ensure that the message sent across is clear and accurate.

I agree that his is essential to success, since employees first need to know what is expected of them in order to perform to their potential. If they are wrongly rewarded, such as having job offers from other firms, they will work to get offers from other firms in order to get that reward. In his post, Stefan says that managers need to “make sure feedback you provide is timely, … professional and constructive … and consider how else you can help going forward”. These will all help managers make the proper feedback. Even if an employee is extremely capable, if the appropriate feedback is not given, the employee will not be able to benefit the company to his/her maximum potential. Therefore, feedback is arguably one of the most important factors to success.