Reviews and Feedback

Why are continuous reviews better?

The big corporations realized that businesses no longer run on annual cycles. Organizations need to be more agile and their younger workforce craves development opportunities.

  • An estimated 70% of multinational companies are moving away from annual reviews. (It’s already happening)
  • The advisory service CEB found that the average manager spent about 210 hours–five weeks–each year conducting reviews. (That’s a lot of time and money)
  • Frequent, informal check-ins have led to greater employee satisfaction at Deloitte. (Happiness means more productivity and a better culture)
  • A new review system has reduced dismissals at Adobe. (Turnover is a huge expense, you can help avoid it)
  • Feedback delivered immediately, “...allows subordinates to process and apply the advice more effectively.” (Employees can learn faster)
  • Younger workers are, “...deeply motivated by the potential for learning and advancement.” (Help to keep your workforce motivated)

Harvard Business Review [1],[2]

Related Questions

How do I complete a review?

What are 360 reviews?

How anonymous are reviews?

Is this like 1984?

How can I make sure I give constructive feedback to my team members?

How do I give feedback to my reports?