
10 Reasons Why Annual Reviews Are No Longer Enough
Learn 10 ways we have outgrown traditional performance management. If they feel familiar, you may want to explore whether your current performance management technologies need an overhaul.
In a new world order where working together in an office setting is no longer an option – a world in which it may be months before you even see your manager – the case for frequent check-ins has become more powerful than ever. Today, the need for continuous, one-to-one feedback has taken on a new importance, and is clearly the most effective model for achieving truly effective performance management.
Even before the COVID-19 pandemic changed life as we know it, traditional companies had already been moving away from the annual review to a continuous performance management approach. In fact, in today’s new reality, the idea of an annual review – with its one-time rating system and dearth of peer feedback – seems archaic.
With that in mind, here are some helpful tips for putting in place a truly effective performance management process – one that can thrive in the world we live and work in today.
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