Tags: accenture | performance | reviews | nixed | rankings

Accenture's Performance Reviews, Rankings Nixed for All Staffers

Image: Accenture's Performance Reviews, Rankings Nixed for All Staffers
Accenture has announced it is doing away with performance reviews for all of its 330,000 employees. (Jussi Nukari/AFP/Getty Images, file)

By    |   Thursday, 23 Jul 2015 03:23 PM

Accenture, one of the largest companies in the world, will stop annual performance reviews for its 330,000 employees, a move meant to help in leading the Millennial generation, company CEO Pierre Nanterme said.

Talking with The Washington Post about the decision to end the annual evaluation of employee performance and move to a more “instant performance management,” Nanterme told the newspaper that he likes the Millennial generation more than his own.

"The Millennium generation, the new generation we have at Accenture, these people they want to perform, yes, they want to be trained, they want the money, they want the excitement, and they want to have some freedom to organize the way they work," he told The Post. "It’s a very interesting generation. They are more looking forward, they are extremely innovative — I love them. I like them much more than I like me."

Following on the heels of other companies like Microsoft, Gap, and Adobe, Accenture will do away with "all this terminology of rankings — forcing rankings along some distribution curve or whatever," Nanterme told The Post.

"We’re going to evaluate you in your role, not vis à vis someone else who might work in Washington, who might work in Bangalore. It’s irrelevant. It should be about you," he added.

The usefulness of performance reviews has been debated regularly in recent years. In 2012, Human Resources magazine reported that a survey of more than 2,600 employees, managers, and HR personnel found that 98 percent thought the annual reviews were unnecessary.

Psychology Today gathered an impressive list of business experts who all thought performance reviews should be abandoned as a management tool. Samuel Culbert, author of "Get Rid of Performance Review: How Companies Can Stop Intimidating, Start Managing-and Focus on What Really Matters," called performance reviews "one of the most insidious, most damaging, and yet most ubiquitous of corporate activities."

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Accenture, one of the largest companies in the world, will stop annual performance reviews for its 330,000 employees, a move meant to help in leading the Millennial generation, company CEO Pierre Nanterme said.
accenture, performance, reviews, nixed, rankings
310
2015-23-23
Thursday, 23 Jul 2015 03:23 PM
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