We’re in the midst of a revolution, where more than one-third of U.S. companies are replacing traditional annual performance reviews. Companies like Adobe, Microsoft, IBM, Deloitte, Dell, General Electric have opted for informal, regular check-ins between employees and their managers. This session will identify reasons for ditching “check-the-box” performance management processes and will highlight ways companies are succeeding at taking a new approach by increasing the frequency of performance discussions, eliminating ratings and replacing them with adjectives, and, in many cases, eliminating the process altogether.
- Why traditional performance management is perceived as a check-the-box exercise, which is virtually ineffective nowadays
- Innovative performance management strategies that organizations are using to make the evaluation process more meaningful
- Whether these new strategies will result in more favorable results from the performance management process
- How to evaluate whether your organization’s performance management process should be replaced in part or full with in-time performance-driven discussions