01/10/2017
Looks like Performance Reviews do have some use:
"Reviews go into High, Strong, Good, and Needs to Improve basically in all Big Tech Cos. (Some have SuperHighs, but that's rare). And in my experiences, even at Adobe, even at a F500 leader with 10,000 employees ... there were zero politics in becoming a High. Because it's so clear who the Highs are.
The only real issues, the politics, is the fact that some groups have too many High candidates (often the outperforming products), and some have too few, which warps the curves a bit. So it's actually harder to be a High in an outperforming group than an under-performing group. "
Jason M. Lemkin's answer: I'd like to provide some insights from my experience as a VP at a leading F500 tech company, and as a reasonably successful start-up CEO. Promotions in the F500 are indeed complicated, but let me focus instead first on Performance Reviews, which is a penultimate step to...