The Simple Quarterly Performance Review

Manager Tools

Mike Auzenne

Careers, Feedback, Leadership, Business, How-to, Development, Strategy, Management, Skills, Coaching, Advice

4.6 • 1.3K Ratings

🗓️ 10 February 2025

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

Most managers think that performance reviews are their most significant contribution to performance management and improvement. But that’s wrong. Frequent feedback is the greatest tool we managers have to improve performance. In fact, performance reviews aren’t even really part of the performance improvement efforts managers engage in. Performance reviews are an organizational system that is primarily designed to help the organization manage succession planning.

Transcript

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0:00.0	Welcome to Manager Tools.
0:02.4	This is Sarah.
0:04.0	And I'm Mark.
0:05.1	Today's cast, the simple quarterly performance review.
0:09.1	This cast answers these questions.
0:11.7	How often do you recommend reviewing my direct reports?
0:15.8	What should I cover in my quarterly reviews?
0:18.6	What is the format of a quarterly review?
0:21.4	If you want answers to these questions and more, keep listening.
0:28.0	Manager Tools will be visiting Chicago in just a few weeks. See us there, February 25th and 26th.
0:34.1	To learn more, register online now at manager-tools.com forward slash register.
0:41.7	So, Mark, very few managers give enough regular feedback, which is important because feedback is the single most important tool managers have to improve their directs performance.
0:55.2	Agreed.
0:56.2	Remember, folks, when we say feedback over here at manager tools, we don't just mean talking
1:00.8	to them when they've done things that are wrong, that is.
1:04.3	We would generally recommend, in terms of feedback, our positive to negative feedback ratio
1:10.3	ideally is nine to one, nine positive
1:13.5	for one negative.
1:15.6	Now, part of the reason that, again, managers don't give very much regular feedback is because
1:22.6	they mistakenly believe performance reviews are their big contribution, if you will, to performance management.
1:31.8	Maybe one of the ten biggest mistakes or myths or misunderstandings that managers have.
1:36.4	Yeah, exactly.
	...

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