Why corporate America is ditching annual performance reviews

The best insights and commentary, from all perspectives, in four paragraphs:

One of the biggest companies in the world is doing its employees "an enormous favor," said Lillian Cunningham at The Washington Post. The massive consulting firm Accenture is eliminating annual performance reviews and rankings for its 330,000 employees worldwide. The once-a-year review process is just too time-consuming and expensive, Accenture CEO Pierre Nanterme said in an interview, and "the outcome is not...

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