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One of the most unnerving parts of a job performance review for many employees is hearing suggestions or feedback from the boss on how they canraise their work game.

But now a new concept that some workplaces are embracing offers a fresh spin on a daunting situation.

Its called “feedforward.”

“Unlike feedback, which is retrospective, feedforward offersconstructive, forward-facing solutionsso employees can grow,” Karen Leal, a performance specialist with Insperity in Houston, Texas, told FOX Business.

“Feedforward is the counterpart of feedback.”

“Unlike feedback, which is retrospective, feedforward offersconstructive, forward-facing solutionsso employees can grow,” Karen Leal, a performance specialist with Insperity in Houston, Texas, told FOX Business.

“Feedforward is the counterpart of feedback.”

The practice of feedforward is balanced and authentic, she said neither overly critical toward employees nor ignoring opportunities for growth.

“For instance, a manager giving feedforward could make suggestions about how to handle a project differently in the future, instead of pointing out wherethe employee went wrong” in the past, said Leal.

The trendy term gives a name to a familiar concept that can help workers and their managers paint the picture of what a successful future state looks like, said Leal.

“The concept has existed for years,” she said. And actually, she added, “some managers may already be offering feedforward without realizing it.”

However, she noted, feedforward may not be a part of the ongoing management discussion for every team, with many workers and frontline managers unacquainted with the defined practice.

Feedback focuses on the past and the present, said Leal. 

Employees receive tips on what they’ve done right and what they could do better.

“While feedback can certainly be helpful, employees may grow defensive if they feel criticized or picked on for past performance,” Leal told FOX Business.

To the contrary, feedforward focuses on the future without looking back, Leal indicated.

“Feedforward recognizes employees cannot change the past, but instead emphasizes how they can develop the skills to succeed more effectively in the future,” she said.

Feedforward essentially helps workers visualize their success and map out what needs to be done to achieve it thereby elevating their potential, the experts suggest.

With this emphasis, “managers and employees who were not aware can directly incorporate feedforward to increase individual and team success,” said Leal.

In addition, manager and employee interactions could be less intimidating by incorporating a feedforward dynamic, noted Michelle Reisdorf, district president for Robert Half based in Chicago, Illinois.

When employees hear feedback, it can often feel like something went wrong, she said.

“Feedforward is a gentler way to grow your team,” she said.

In addition, feedforward is just as it sounds: Its forward-looking, said Reisdorf.

“Workers dont get the sense that they have to rehash the past and can look forward to future projects,” added Reisdorf. 

She also said its a goal-focused concept.

“Managers and workers can view feedforward as a way to set goals and discuss career progression,” Residorf told FOX Business.

Leal from Insperity agreed that an effective feedforward session will help employees set goals and equip them with resources to achieve those goals. 

“This includes providing clear expectations around the future behaviors that tie to the desired outcomes,” Leal said. 

A feedforward session would focus on how an employee can grow and succeed moving forward, said Leal.

For example, she said, a manager might make suggestions for how the employee can handle a next presentation or project, based on insights from the project he or she just completed without spending time dissecting the past project.

Furthermore, said Reisdorf, feedforward is a step in the evolution of feedback though it cant entirely replace performance reviews or conversations. 

“Employers and workers need to keep lines of communication open at all times,” Reisdorf said.

“While feedforward might be a gentler, less intimidating way to get feedback, growth often comes when we learn from our mistakes,” she said. 

“If that commentary isnt being delivered in some way, shape or form, it doesnt serve a purpose.”

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Bank of France wants EU crypto regulation under Paris-based ESMA

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Bank of France wants EU crypto regulation under Paris-based ESMA

Bank of France wants EU crypto regulation under Paris-based ESMA

The Bank of France’s governor called for crypto oversight to be given to the European Securities and Markets Authority, and for tightening MiCA’s rules on stablecoin issuance.

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Technology

‘Focus on value creation; the stock market will settle itself,’ says Snowflake CEO amid bubble fears

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‘Focus on value creation; the stock market will settle itself,’ says Snowflake CEO amid bubble fears

The CEO of AI data firm Snowflake isn’t letting the stock market distract him from ambitions to become “one of the great technology companies in this world,” he told CNBC.

The company — a cloud data storage platform — made history when it became the largest-ever software IPO when it went public five years ago, and its share price is currently rallying amid an AI boom.

However, as investors flock to AI-related companies, fears of a bubble have emerged, leaving the market keen to distinguish between hype and reality in a bid to avoid being burned in the event of a pull-back.   

“You don’t control the stock price,” Sridhar Ramaswamy told “Squawk Box Europe” on Thursday. Shares of Snowflake rose 6.5% on Wednesday and are up over 60% year-to-date.

Snowflake CEO downplays concerns of an AI bubble: 'The stock market will settle itself'

“My focus very much is on value creation. We have to earn dollars, every single dollar at a time, so we are focused on the quarter, focused on the year, but, much more, also on the value that we create with customers, or the long term, the stock market will settle itself,” he added.   

His comments came after Snowflake investor Michael Speiser last week sold shares to net over $11 million, while senior VP Vivek Raghu Nathan made around $2.6 million in a share sale at the end of last month.

Ramaswamy declined to comment on individuals’ sales but added: “I am not selling any stock, I’m very much in favor of the long-term value that Snowflake is going to be creating, and the sales tend to be very, very modest.”  

Toeing the line of incremental adoption  

Markets are probably in a bubble and that's okay, says Vista Equity's Ashley MacNeill

But AI might not necessarily play out in the same way as the dot-com bubble, according to Vista Equity’s Ashley MacNeill, especially if investors keep a cool head, While bullish, she told CNBC’s “Closing Bell” that it’s important to have a “measured” approach.

“Is this a bubble that’s going to burst like it did in 1999? Or is this more like a balloon where we’re going to see it inflate and deflate as we go through the cycles?” MacNeill said. 

“Given the longevity of this technology and given the fact this is waves that’s going to adopt this technology, I’m more inclined to think that we aren’t bursting, but rather we’re going to inflate and deflate as this technology ebbs and flows,” she added.  

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Politics

New Japan PM may boost crypto economy, ‘refine’ blockchain regulations

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New Japan PM may boost crypto economy, ‘refine’ blockchain regulations

New Japan PM may boost crypto economy, ‘refine’ blockchain regulations

Takaichi’s election may have a “material impact” on the governance and regulatory perception of crypto assets in Japan, experts told Cointelegraph.

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