OK, so it may not be the first time you've heard that sentiment. In fact, I've written a piece about it for our newsletter a few months ago.
In fact, a recently publish MSNBC article includes some quotes from a professor of management at UCLA who doesn't mince his words. Here's an example: "It is the most pretentious, fraudulent, ill-advised exercise taking place at companies, and I can't understand why," Samuel Culbert is quoted as saying.
Read the piece and provide your thoughts/reactions/feedback here.
Does your organization find value in annual performance reviews? If not, have you discontinued this practice?
Yes, we find value. It helps to focus the employees on the activities that will help the company meet its objectives. Plus, employees who recive a review feel like they know where they stand.