Just because you read something in HBR doesn’t make it true or valuable. In a June article, Ditch Performance Reviews? How About Learn to do Them Well? University of Michigan professors Maxim Sytch and D. Scott DeRue give tips about how to do effective performance reviews. At one point in the article (and in subsequent HBR Management “Tips”) when writing about how to reduce the subjectivity in performance evaluations, they state: “Some helpful practices here could include direct peer-to-peer comparisons. For example, ask yourself, “How would Lisa compare to Mary?” You can also think of ranking your employees or forcing a distribution.”
Listen and find out why this is a bad idea and what to do instead.
Oops! #3-Performance Appraisals
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Oops! #4-Ranking
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For more on the topic of Performance Appraisals, read the following:
3 misguided management practices - NAW SmartBrief, January 20, 2010
Is It Time to Ditch Year-End Performance Reviews? – Talent Management, November 24, 2009
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Insights
Mergers, acquisitions, and other forms of reorganization have increased dramatically over the last decade, and with increased globalization they will continue into the foreseeable future. However, if they are done in the same way in the future as in the past, millions, no billions, of dollars will be wasted!
