R.I.P. Annual Performance Review. Now what?

Imagine if a coach just sat on the sidelines, watching their team win and lose games without giving any feedback. If they saved all of their coaching and strategizing for the last game of the season, it would be too late to even make a difference. They would likely be fired for incompetence.

And yet, this is essentially how businesses have designed performance management since the third century. Fortunately, that’s changing. More and more companies are ditching the demoralizing and ineffecti...