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Why corporate America is doing away with the annual performance review




The dreaded annual performance review is the latest staple of the American workplace that’s come under threat.
The dreaded annual performance review is the latest staple of the American workplace that’s come under threat.
Miguel Villagran/Getty Images

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The culture of work has undergone many major changes in the last two decades. The dreaded annual performance review is the latest staple of the American workplace that’s come under threat.

Big businesses from the Gap to Accenture have either outright done away with the practice or reformed the process.

So what is the annual performance review being replaced with?

Guests: 

Liz Ryan, CEO and Founder of the HR consulting firm Human Workplace in Boulder, Colorado. Liz is a former head of human resources at a Fortune 500 company

Larry Sternberg, President of Talent Plus, a management consultancy in Nebraska