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Why annual reviews fail and how continuous feedback succeeds

Tuesday, May 30, 2017

Why companies are doing away with the annual performance review

The Annual Performance Review is almost universally hated by managers and employees. For decades, it has been the tool of choice for evaluating the performance of employees and their overall value to the company.

Research conducted by the Corporate Executive Board (CEB), found that 77% of HR executive believe that performance reviews don't accurately reflect employee contributions. Rose Mueller-Hanson, HR Practice Leader at CEB, says that "Our research shows that individual performance ratings have absolutely zero correlation with actual business results."

This blog post talks about how the Annual Performance Review has failed...and what has emerged to take its place. We'll also share some insights that can be used to help your company make your performance reviews more relevant and less hated.

How 3 Companies Are Redefining Performance Management

Tuesday, May 9, 2017

What GE, Adobe, and Google are doing to redefine performance management and how to apply their strategies to your business

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The Annual Performance Review is widely loathed. Josh Bersin, an HR analyst and Founder of Bersin by Deloitte, says, "Our research shows that more than 70% of all organizations dislike the process they have, and I have yet to talk with an employee or manager who likes it at all..." As more companies move to an agile business model, HR must move to toward a continuous performance management strategy that provides employees with ongoing, actionable feedback.

This article covers what three companies have done to redefine their HR performance management strategies and the results they have seen. We'll also show how you can use what these other companies have done to help you redefine the performance management strategy for your business.