Address the four steps of the Deloitte performance evaluation system.

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General Management

Address the four steps of the Deloitte performance evaluationsystem.

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Deloitte Deloitte a global company with 200000 employees worldwide set out to reinvent the way they approach performance reviews after tallying the number of hours the organization spent on performance management an astounding 2 million hours a year They also discovered that the current rating system produced data that relied more on the evaluator than it did on the person being evaluated In response Deloitte did a complete overhaul reframing the reviews to focus more on what the leader would do with each team member moving forward rather than how they would rate them on their past work They started by identifying new goals for performance management overall After conducting focus groups Deloitte identified three primary purposes for their performance management Recognize performance See it clearly Fuel performance 1 Recognize performance The system should drive annual activities that allow intelligent compensation promotion and lowperformer management decisions In short the data is aggregated and reviewed quarterly to give business leaders a holistic view of performance in their organizations Every quarter HR sits down with individual business leaders to review a scatterplot that plots Performance Snapshot results They also can see who has been flagged atrisk for low performance or who has been identified by at least one team leader as ready for promotion They also look at important business measures per person like revenue They ask their business leaders to integrate all of this data to make their own judgements to drive key talent decisions See thats the thing that makes this different from a single summative rating In this design they are trying to bring that nuanced presentation of a person to Talent Management They know what the local team leaders thought they might do based on what they observed of his performance and they also know how he has performed against his business metric goals the activities through which he    See Answer
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