Much Ado about Review
I have worked for four different companies in my 23 year career and have been an owner/partner in two of these ventures. All have had less than 200 employees and the smallest had 50. All were successful. None of them had formal appraisal systems and I don't understand all the fuss in Manager-Tools about performance appraisals. What I do know from those I have talked to is that non one seems to get it right (except maybe Welch and GE) and it really is much ado about nothing.
In the organizations I have worked for feedback and coaching have been the hallmarks of performance management. I have never had nor given an annual review and not only have I had career success but the individuals who have worked for me were either successful in their role or clearly understood why they needed to look for other employment. Yes, I have had to fire about a dozen people over the years but none has ever sued me or called me unfair because they knew where they stood -- every day.
So please explain to me, why is their much ado about review.....