Kill the annual review!
Most managers and employees avoid annual reviews anyway. Even when they are performed dutifully, employers may be doing more damage than good because of their formality, infrequency and inconsistency.
Annual reviews reflect an “evaluative” mindset, and many organizations are learning that a “developmental” mindset improves morale, productivity and retention.
My most recent article in the September issue of the Greentree Gazette encourages managers and organizations to kill the annual review and instead focus on more practical solutions to monitoring and motivating employees.
The full article is available online.
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Yes, yes, yes – do away with annual performance reviews and work/talk with your employees on a regular basis. Too often management uses the annual performance review meeting to drop some performance bomb on the employee. A performance review can be helpful, but it rarely is because its even rarer that a manager knows how to conduct one appropriately.