How Yahoo Pivoted Away From Annual Performance Ratings To Continuous Feedback (#40)
Description
When Yahoo's Chief People Officer, Lisa Moore, announced that they were moving away from annual performance ratings in favor of more frequent one-on-one feedback meetings, she got a standing ovation. Get a glimpse into how and why one of the world's most recognizable brands pivoted in its approach and built a sense of trust and engagement among employees.
Highlights
[2:27 ] Strategic changes needed at Yahoo and what had to stay the same
[6:10 ] Talent strategy that emphasizes agility and re-evaluating skills
[10:22 ] Evaluating the existing employee population
[13:36 ] An upskilling process that’s more practical and less theoretical
[17:12 ] Providing balanced feedback
[20:30 ] More equitable performance rating calibration
[24:13 ] Qualitative talent discussions
[28:55 ] Evaluating and supporting manager performance
[35:54 ] Pay equity
[40:44 ] Pay gap analysis
Guest Bio
Lisa Moore, Chief People Officer, Yahoo
Lisa Moore is the Senior Executive Vice President and Chief People Officer at Yahoo. She’s a globally experienced and highly strategic HR leader with a proven track record of hiring and leading high-performing teams in the media and technology space.
Links
https://www.linkedin.com/in/lisa-moore-she-her-423a62a/
https://www.yahoo.com/
https://www.hrmorning.com/articles/employee-performance-review-samples/
https://www.hrmorning.com/articles/employee-development/
https://www.hrmorning.com/lp/webinars/reducing-the-stress-of-performance-reviews/
Berta Aldrich’s best-selling book, Winning the Talent Shift, is available on Amazon https://a.co/d/iS7MuPJ
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