Performance Management Is Broken

Posted in : HR Updates ROI on 7 January 2015
Valerie Daunt
Deloitte

Valerie Daunt writes;

"Replace Rank and Yank with coaching development"

  • Today‚Äôs widespread ranking- and ratings-based performance management is damaging employee engagement, alienating high performers, and costing managers valuable time.
  • Only 8 percent of companies report that their performance management process drives high levels of value, while 58 percent said it is not an effective use of time.
  • Leading organizations are scrapping the annual evaluation cycle and replacing it with ongoing feedback and coaching designed to promote continuous employee development.

Read more from Deloitte:

This article is correct at 13/10/2015
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Valerie Daunt
Deloitte

The main content of this article was provided by Valerie Daunt. Contact telephone number is +353 1 417 8633 or email vdaunt@deloitte.ie

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