Microsoft, Accenture and Deloitte are some of the companies that are reshaping their annual performance review processes, moving away from rigid rankings, into more fluid feedback,
...
Perhaps surprisingly, one of the leaders of the trend away from annual appraisals is General Electric (GE), which employs more than 300,000 people across the world.
Its infamous performance reviews once epitomised the detested process that's been dubbed the "rack and stack" or "rank and yank" system, which called for managers to rank employees, then sack the bottom 10%.