The Definitive How To Guide For Modern, Continuous, Ongoing, Real-Time Feedback

In recent years, leading companies have begun ousting their annual reviews and replacing them with a more agile form of performance management: ongoing, real-time feedback. In fact, nearly 10% of Fortune 500 companies have already made the shift towards the nimbler, more results-driven ongoing feedback system, according to Washington Post.

But why the sudden change?

Throughout this guide, we’ll discuss specifically where annual reviews fall short, as well as how ongoing, real-time feedback solves each aspect. Specifically, we’ll discuss the two main reasons that the annual review is dead: it’s costly and ineffective.