Nearly every week, we hear stories of major companies giving up their traditional performance review programs because they no longer provide the value they once did.
The fact is, most traditional annual performance reviews are no longer effective and probably have not been effective for some time (if ever). Feedback from Deloitte and others encourages companies to abandon these outdated performance management models and replace them with more coaching and development.
We couldn’t agree more.
But there is a problem with this transition. Most employees tell us their managers do not have the necessary skills to provide ongoing feedback on their performance, and that they are often reluctant to have critical conversations about their performance expectations.
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