I've been doing O3's for a little over a year now (since discovering Manager-Tools!) and they certainly are the single most effective tool I've got. I've noticed great growth on my team since using them.
I've got a direct now that is EXCELLENT. This direct is a fantastic employee, without question my top performer and is practically doing my job. This direct is ready to take over my position. As soon as I move up they are pretty much guaranteed my job.
The problem is that I find that I have very little to say when we meet weekly for our one-on-ones. The direct communicates very well throughout the week and by the time our O3 rolls around there's little to say on either end. With my other directs I always build in some sort of educational component into the O3 but I honestly can't think of a single thing that this particular direct has left to learn about my job that I can teach them.
This happened to me once before with another direct (about a year ago) before that direct moved up into a position as my peer.
My question is this: Has anyone dealt with this before? And are there any thoughts on what you can do in this situation?
I want the O3's to be beneficial for both of us but at this point I am struggling to find a reason to continue them with this particular employee.