performance reviews 2

Consider the performance review process at Tesla. Is it simply an exercise, or is it valuable for managers and employees?

Assess the performance review system, using the prompts below:

  • Does the review have a self-assessment component?
  • Does the process lead to an individual development plan?
  • Does the financial and performance discussion happen in the same review?
  • Are the outcomes of the review tied to any talent management opportunities?

What two changes would you advise the CEO to make in your organization’s performance review process?

https://www.wsj.com/articles/goldman-goes-beyond-annual-review-with-real-time-employee-ratings-1492786653?mg=prod/com-wsj

https://blog.performyard.com/performance-management-at-tesla-what-we-know

 

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