February 20, 2018

The demise of annual performance rankings

First published on LinkedIn, 29 July 2015 Top marks Accenture for getting rid of annual performance rankings. Accenture CEO Pierre Namterme recently announced that the annual charade where managers force-ranked performance of employees, around a fixed distribution curve, was a thing of the past. Accenture joins a growing band of Fortune 500 companies that are reviewing their performance appraisal systems. They follow Microsoft, Deloitte, Adobe and Gap. What these companies discovered is the ranking system did not drive better performance. All it brought was countless hours of frustrating paperwork, awkward conversations and employees who felt devalued and disengaged. Why would […]