Posted by Josh Bersin on September 3, 2015. Originally published on Forbes
Over the last several years, we’ve pointed out that employee engagement, culture, and gaps in the leadership pipeline have become top talent issues around the world. More than 80% of all companies struggle to define their culture and only 17% feel they have a good handle on the engagement issues among their workforce.
At the same time these issues rise to the top, so does our frustration with the annual performance management process. As we like to think of it, “performance management is management” – so when we give managers a complicated, rigid process for evaluation of people, we essentially make management harder (or less effective). No wonder more than 60% of all companies are in a redesign of the appraisal process.