Annual Performance Review - Reviewed

Leaders in the business world like GE, IBM and Adobe are completely re- vamping their performance review procedures. Even going as far as eliminat- ing the annual review in favour of a continuous feedback model, consisting of weekly, monthly or even real time performance reviews.

In 2018 and into the future Employees want more. They want regular if not instant feedback. According to Gallup, doing something as simple as holding regular meetings can more than double employee engagement among millennial workers.

When employees feel relevant and supported, they are driven to invest more in the company. Their own motivation soars, their loyalty strengthens, and their sense of belonging grows. Continuous feedback models of performance management offer plenty of opportunities for managers and organisations to provide this level of support.