Should Your Organization Have Annual Performance Reviews? | Jacob Morgan

I’m not a fan of annual performance reviews.

Why?

Let's start with the timeliness. Annual performance reviews are talking about stuff that happened months or a year ago. Imagine talking to your spouse or significant other about something they did 6 months ago. I'm much more in favor of real-time feedback.

Another problem with annual performance reviews is people don't like doing them. Employees basically have to keep track of everything they did for a year and it's a stressful, intense situation that nobody likes.

Lastly, annual reviews don't motivate, engage or inspire people. In fact, a lot of people describe annual performance reviews as a soul-crushing exercise. That doesn’t sound fun.

The only reason we’ve been doing these things is because we're so used to them.

We should move towards more real-time recognition, feedback, and conversations the same way we use these things in our personal lives.

#futureofwork #leadership #annualreviews #feedback #employeeexperience

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Jacob Morgan is a keynote speaker, best-selling author, and futurist. He explores how the world of work is changing, what the future of work is going to look like, and we need to do to prepare. To work with Jacob or have him speak at your event visit TheFutureOrganization.com