A recent research by Deloitte Consulting revealed that a strong majority of respondents are rethinking their approach towards performance management. From this research, Deloitte also found that organizations need to shift from annual performance evolution towards continuous improvement of performance. 

To read more, visit the following link: http://www.hrreporter.com/blog/Compensation-Rewards/archive/2014/04/15/fresh-thinking-needed-to-fix-performance-management