Dr. Gleb Tsipursky – The Office Whisperer
Cat Johnson – Coworking Marketing Maven
Angela Howard – Culture Expert
Drew Jones – Design & Innovation
Andrea Pirrotti-Dranchak – Competitive Advantage
Jonathan Price – CRE & Flex Expert
Jeremy Fennema – Tech Innovation Alchemist
What’s going on:
In a bid to save time, tech giants Google and Meta adjusted their performance review processes, yet it ended up backfiring.
Google changed to a quarterly model instead of twice-yearly formal reviews; however, some managers gave short, unsuccessful summaries, according to The Information, and others didn’t use the allotted time to review performance.
Meta instead went from two formal reviews to one, but due to employees asking for more feedback, it reverted back to two reviews.
Why it matters:
There is a steady trend away from performance reviews, as some managers now opt for the convenience of providing continual, minor corrections instead of waiting for scheduled reviews.
How it’ll impact the future:
Despite the efforts to implement a new review system, it hasn’t gone quite as planned, according to current and former employees. This situation clearly demonstrates the difficulty of finding the delicate equilibrium between providing steady feedback without the formality of an official performance assessment.
