Should performance reviews be scrapped?

Stacey Kole, a Chicago Booth economist and expert in workplace management, dives into the often dreaded world of performance reviews. She challenges the traditional approach, advocating for continuous feedback over awkward periodic assessments. Kole discusses how meaningful evaluations can clarify corporate objectives and enhance teamwork. She stresses the importance of linking individual tasks to the company's mission, especially in remote settings, and highlights innovative practices that can improve communication and employee engagement.