MODERN WORKPLACE
regular conversations into
the mix there was a notable
improvement in productivity and
employee engagement, when the
conversations were handled well.
In fact, the Corporate Leadership
Council tells us that when informal
feedback is delivered well it can
improve productivity by nearly 40%.
Now that’s pretty compelling.
A recent PwC study conducted
in Australia showed that 81%
of companies had performance
management systems which were
only “somewhat effective” at
achieving their goals.
Adobe, a global software business,
estimates that their annual
performance reviews were costing
them 80,000 hours of managers’
ti