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Accenture's Performance Management Shift

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Accenture's Performance Management Shift

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Questions and Answers

What percentage of Deloitte's executives failed to drive either employee engagement or high performance?

58 (correct)

How many hours did Deloitte spend on performance management annually?

close to 2 million (correct)

500,000

1 million

1.5 million

What was the primary factor in determining ratings in the traditional performance management system?

Objectives set at the beginning of the year

Actual performance

Length of service with the company

Peculiarity of the perceptions of raters (correct)

What was the most powerful correlate with high performance for a team, according to the six-item survey?

I have the chance to use my strengths every day Signup and view all the answers

How often do team leaders check in with each team member in the new performance management system?

Once a week Signup and view all the answers

What is absent from the new performance management system at Deloitte?

All of the above Signup and view all the answers

What is Accenture's CEO, Pierre Nanterme, planning to do with the company's performance management system?

Get rid of about 90 per cent of the current system Signup and view all the answers

What is the main reason Accenture wants to change its performance management system?

The system is not yielding a great outcome Signup and view all the answers

According to Pierre Nanterme, what is the frequency of performance management that employees want?

Ongoing, instant feedback Signup and view all the answers

What is the main difference between the old and new performance management systems at Accenture?

The old system was based on rankings, while the new system is based on individual evaluations Signup and view all the answers

What is the significance of the millennium generation in the context of Accenture's performance management system?

They want to be recognized and measured in a different way Signup and view all the answers

What is the main goal of Accenture's new performance management system?

To provide instant feedback and evaluation Signup and view all the answers