Performance reviews are valuable for both the employer and the employee. They provide an opportunity to assess performance, goals and objectives and also to plan for the future. Yet, despite the benefits, they are almost always universally despised by both managers and their reports alike.
Dreaded by most employees, performance reviews may be one of the most criticized aspects of working life. Recently, a flurry of leading global organisations have replaced the traditional performance review process, with a system that is agile, nimble and based in real time. Gap, one of the world leaders in apparel, announced in early 2014 that it would be replacing its militaristic review process.