Come on down! Let’s estimate the retail price of annual performance reviews. Whoever is the closest to the actual retail price, without going over, wins the Spice is Right cake.

Spice Cake

Innovative companies such as McKinsey replaced annual evaluations with quarterly coaching assessments to better serve beginner and intermediate level associates as well as alleviate time-consuming and therefore expensive practices. In my experience, annual assessments are dreaded routine for management with outdated methods robbing employees of authentic feedback and organizations of improvements. While a harsh critique, an overhaul of traditional performance reviews is long overdue as well as an honest look the silent intimidation keeping an ineffectual tradition in place.

These caramels are for you, Lilly Ledbetter.

An article published in a respected business journal reports women are less likely to interview for executive positions if rejected previously, which launched a firestorm of internal dialogue still irking me weeks later. While men also become more hesitant to try again, this study concludes women are more impacted because of fairness issues, having faced covert bias they are more doubtful about trying again. Admittedly, my reactions vacillated between furry and defeat yet finally landed on steadfast resilience, a renewed sense of confidence we are on the cusp of shattering age-old gender biases holding corporations back from reaching their highest potential.