The Future Of Performance Management Is Not One-Size-Fits-All

In 2013, CEB research found that 86% of organizations had recently made significant changes to their performance management system, or were planning to. In 2014, a Deloitte survey found that 58% percent of companies surveyed did not think performance management was an effective use of time, and many media outlets jumped on the opportunity to air their grievances.

Finally, the rising wave of discontent seemed to crash in 2015, as a slew of large organizations like GE, Accenture, Netflix, and Adobe all scrapped their age-old annual performance management processes in favor of more continuous feedback systems. And many others followed suit.

But, was it the right move for everyone?

Last summer, I wrote an article on this topic myself, urging business leaders to really consider the implications of following these organizations. The issue, in my opinion, is not that these organizations did something wrong. Rather, the risk is that many leaders misinterpreted these stories to mean that they should abandon performance management altogether.

One thing is clear: the future of performance management in the American workplace is still very much in question.

For more insight into this important topic, I recently sat down with a handful of thought leaders in the performance management space, including Rob Ollander-Krane, Senior Director of Organizational Performance Effectiveness at Gap, Inc., Nigel Adams, Global Chief Talent Officer at Razorfish Global, and Amy Herrbold, Senior Director of Organizational Development at Kellogg. Together, we discussed the future of performance management to understand, from their perspective, why changes to this process are long overdue.

Read more at The Future Of Performance Management Is Not One-Size-Fits-All

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A Harvest of Company Details, All in One Basket

A Harvest of Company Details, All in One Basket

Trolling government records for juicy details about companies and their executives can be a ponderous task. I often find myself querying the websites of multiple federal agencies, each using its own particular terminology and data forms, just for a glimpse of one company’s business.

But a few new services aim to reduce that friction not just for reporters, but also for investors and companies that might use the information in making business decisions. One site, rankandfiled.com, is designed to make company filings with the Securities and Exchange Commission more intelligible. It also offers visitors an instant snapshot of industry relationships, in a multicolored “influence” graph that charts the various companies in which a business’s officers and directors own shares. According to the site, pooh-bahs at Google, for example, have held shares in Apple, Netflix, LinkedIn, Zynga, Cisco, Amazon and Pixar.

Another site, Enigma.io, has obtained, standardized and collated thousands of data sets — including information on companies’ lobbying activities and their contributions to state election campaigns — made public by federal and state agencies. Starting this weekend, the public will be able to use it, at no charge, to seek information about a single company across dozens of government sources at once.

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