As I have already mentioned in my previous post, this summer I worked in a start-up company. Moreover, I always wanted to become an entrepreneur watching all kind of shows like Sharks Tank or Dragons Den, come up with a great idea and start my own company…Hopefully, New Product Development and Creativity courses I am taking right now at UBC will help my dream come true :D. So this article seemed very interesting to me!
Basically, 15Five, a startup backed by the likes of 500 Startups and Yammer’s David Sacks that provides a platform to help the working world communicate better with its managers,lets them give feedback on a regular basis that takes very little time to read, review, and respond. “For a CEO, it’s almost like being able to do one on ones with every employee in the company every week, and get all of the key highlights delivered with zero time and effort”. 15Five is $49 per month per business for the first 10 employees, and then $5 per employee per month, with different bulk-pricing options for larger teams.
So what is so great about this tool? I worked in a small company where communication between employees was rather fast. However, since not all of us were located in the same office, that made things complicated sometimes. That’s why I think that this kind of tool can improve communication in the company as well as deliver feedback much faster.