Performance reviews are essential, but employees find the experience abhorrent. So, what can you do to deliver performance reviews better? To deliver effective reviews, you have to start early in the year by setting clear goals and expectations. And when it is time, you have to structure meetings in advance, provide feedback in a personalized manner, and follow up after the review. Set the stage early Performance reviews start at the beginning of the year with employees setting their goals. Here, you should set clear expectations for your reports and evaluation criteria that you will use for reviews later. Then, a couple of weeks before the review meeting, you can ask employees for a self-appraisal: their wins, losses, strengths, weaknesses, and learnings. Structure your meeting Avoid going with the flow and structure your review meetings. Like a movie script with three acts, you can deliver the review in three parts: explain the objectives, use tough or love, and let them respond. St...
Top-down, cascading goal-setting doesn't work as it used to in today's hybrid, agile, and global business environments. It creates a culture of silos, reduces team alignment and agility, and encourages thoughtless tasks-driven execution. Research and real-world success stories suggest that making your goals open to your entire organization produces better results. The world's most successful companies, such as Google, Amazon, Deloitte, GE, Intel, Netflix, and Samsung, have transparent goals. Here's how: Use OKRs OKRs, or Objectives (What) and Key Results (How), is one of the most popular goal-setting frameworks. OKRs are public for everyone to see what objectives the company is trying to achieve and what others are working on. Using OKR s brings transparency and agility into your goal-setting. Read more about OKRs: Here, here, and here. Share goals, context, and results Communicate your organizational goals (the "Whats" and "Hows") with everyone in t...