At last.....................
Accenture To Nix Performance Reviews And Rankings For All 330,000 Employees
Company joins the ranks of several other big-name firms that have similarly overhauled employee review systems in recent years.
Accenture CEO Pierre Nanterme told The Washington Post that starting in September, the performance of the company’s 330,000 staffers will no longer be judged based on company rankings and annual evaluations. Instead, the professional services firm will implement “a more fluid system, in which employees receive timely feedback from their managers on an ongoing basis following assignments
From FT
My suggestion is even simpler — to replace annual appraisals with nothing at all. Hire only managers who are able to manage, and who are good at telling people how they are doing, not once a week but all the time. If they aren’t up for this, they should not be made managers. If they are up to it, they don’t need an appraisal system as a crutch. They are better without one.
Twitter: @lucykellaway
Why do companies spend so many hours and money doing a annual appraisals? Because many bosses don't want to be bosses just want to get the money and the position. To be a good boss is a demanding position. You must try to improve the people you have every day.
The most idiotic situation is when the annual appraisal is a big surprise to the employee. when that is the case we have a bad boss.
Every guy who’s really successful at anything wakes up and says, ‘How can I do this better?
Curtis Macnguyen, IVORY Capital
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