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Ditching Performance Reviews👩🦰👳♀️
When it comes to yearly performance reviews,
More and more major companies who rely on top employee performance, from General Electric to Accenture, are ditching annual performance reviews.
They say the reasons are plentiful
They’re expensive. They take up far too much administrative time. and fundamentally, they just don’t work.
A proffessor has called itjust plain bad management”, and the science of goal-setting, learning, and high performance backs him up.
We know that the best goals are measurable. But if you only measure your progress once a year, then you’ll spend the rest of that year floundering.
A positive performance appraisal backed by effective ‘SMART’ goals, will ensure the employee is receiving an effective feedback.
A quarterly feedback, will ensure the employee the goals he needs to focus on.
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