The Fatal Flaws of Traditional Performance Management

This year the industry is buzzing about performance management. That’s because we’re starting to realize that the way we’ve been trying to drive employee and organizational performance for the past 60-plus years simply doesn’t work. Big corporations are taking notice: Adobe drastically changed its performance management, and Gap, Netflix, and GE are all working on theirs as well. And, of course, Yahoo has famously been challenged in court for not doing anything about its strategy. But why doesn’t traditional performance management work, and what can you do about it?