Ditch the annual appraisal: 7 ways to improve performance management

SPONSORED: The old-fashioned yearly appraisal is on the wane. Businesses are finding ways to be more responsive - resulting in better performance, both individually and company-wide.

by Cynthia Stuckey

Performance management seems to be undergoing an appraisal of its own these days: last year, Deloitte research found that 70% of organisations worldwide are rethinking how they chart and review their employees’ progress.

Why? Performance feedback at many organisations is not only inflexible and impersonal, but is often relegated to a mere footnote at the end of the year, and thus divorced from wider business objectives and day-to-day actions. Despite managers implementing a host of smart and sophisticated strategies, many still wind up well wide of the target – because their core employees aren’t aligned behind them.

Brandon Hall Group found that effective performance-management practices can drive a 20% increase in retention and engagement of talent at all levels. But it doesn’t end there. Handled right, they can also make employees more proactive, more productive, more flexible – and more in sync with those strategies, even as they shift over time.

Please sign in or register to continue.

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121



  • Up to 4 free articles a month
  • Free email bulletins

Register Now

Become a subscriber

From £66 a quarter

  • Full access to managementtoday.co.uk
  • Exclusive event discounts
  • Management Today's print magazine
  • Plus lots more, including our State of the Industry Report.

Choose a Package