To Manage Costs Effectively, Align Around a Shared Framework

Gartner research shows that organizations that were effective at cost management before the pandemic were more likely to see positive business performance during the crisis. What can we learn from what made these outperformers effective cost managers in the first place? The research shows three key success factors: Consistent use of cost frameworks across functions,…

Modern solution | Annual Performance Reviews are dead, long live the Performance Snapshot!

By Amira Kohler, Innovation Director, Clear Review For many, the term ‘per­for­mance man­age­ment’ is syn­ony­mous with the dread­ed annu­al per­for­mance appraisal. Many cringe at the term. As quot­ed in a 2019 BBC arti­cle, “annu­al assess­ments can be “wild­ly inac­cu­rate”, even “soul-crush­ing.” That’s not sur­pris­ing; annu­al per­for­mance reviews (some­times called appraisals) have a num­ber of major flaws. And yet, they still sur­vive — a 2018 sur­vey by…