Accenture Scrapping Performance Reviews
The firm formerly known as Andersen Consulting is getting rid of its annual performance reviews. Well, most of it anyway: Accenture CEO Pierre Nanterme told The Washington Post that the professional services firm, which employs hundreds of thousands of workers in cities around the globe, has been quietly preparing for this “massive revolution” in its […]
At Least One Person Is Not Impressed with Deloitte’s New Performance Evaluations
As you know all too well, the performance evaluation process of most accounting firms is none too pleasant. Some might call it "frustrating," "awful," "hell," or "consistently the most humiliating aspect of my job," among other things. Since Deloitte isn't intentionally trying to crush employees' feelings and professional ambitions, the firm recently announced that it was transforming […]
How Does Your Firm’s Performance Evaluation Process Need to Change?
Last month we learned that Deloitte plans to scrap its performance evalution process for something that doesn't inspire people to murder each other. It's a brave move on the part of the firm because: 1) Accounting firms never take risks like this; 2) Everyone is watching them; 3) Deloitte employees will bitch about it until […]
Deloitte Is Trying to Reinvent Performance Evaluation
Performance evaluations have been awful for a long time. Forced ranking, the method that many large accounting firms employ, has successfully sucked numerous souls from the bodies of many talented accountants. People grumble, yet it goes on. And on. And on. But now Deloitte, bless their hearts, has decided to take the issue of terrible […]
Three Ways Public Accounting Firms Could Replace Performance Evaluations
This week I spent some time at Sage Summit in Las Vegas, an event for CPAs and entrepreneurs who want to learn how to make their small businesses better, or alternatively, just want an excuse to party until their faces melt and call it a business expense. There were lots of interesting sessions and I've […]
Let’s Discuss: Big 4 Bullies
Yes, our last two posts are stark reminders that we are smack dab in the middle of performance evaluation season. It can be a stressful time of year because you'll be forced to reflect on things that you'd rather forget. Often times what you'd like to forget is some of the people you've had to work […]