On the heels of GE doing away with it's famous "rank and yank" system of promotion/firing, a look at why the annual performance view is going the way of the dinosaurs. Instead, many companies are embracing ongoing performance development and incorporating frequent feedback and responsive coaching.
Why The Annual Performance Review Is Going Extinct
Posted by brainvine under ManagementFrom http://www.fastcompany.com 3103 days ago
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