Adobe killed one of the most sacred of corporate cows: traditional yearly performance reviews. Management experts have questioned the value of such reviews for decades. Quality guru W. Edwards Deming blasted away: “It nourishes short-term performance, annihilates long-term planning, builds fear, demolishes teamwork, nourishes rivalry and politics.”
Encouraging to see Adobe looking for ways to empower employees and managers. But I suspect the “annual performance review” rouse will continue for some time in most organizations as long-standing habits die hard.