Raj Fernandos: Out with Annual Reviews and in with Real Time

For over a decade. There has been an influx in the number of companies that are looking for something new and kick out the traditional employee. Most companies from around the globe are out to ditch their redundant and outdated systems and replacing them with the informal, frequent check-ins between the employees and managers. At Scoutahead, the company’s platform is to improve and facilitate the real-time feedback that matters most.

While the system has been used for more than a century, why are the companies looking for these better ways of conducting business and performance reviews? For a start, this includes the paperwork generated to mountains. There has also been a critical review by the traditional company. Innovation and creativity have been restructured to promote a collaborative team towards a more focused environment at the working place. Not to mention the subordinates and supervisors disdain for the appraisal process. According to the Harvard business piece of review, “The management performance Revolution” has gathered various business imperatives that make companies adopt these new ways of recruitment for increased performance.

  • Innovation is the main focus of modern business. For this reason the future needs and continually dynamic. While these days businesses struggle to stay in business, they no longer have a clear annual cycle of events. Most of their projects are seeking the achievement of short-term goals. For most, their goals keep changing with time. In most cases, annual work can make a poor assessment at the end.
  • For the companies to increase management efforts and their talent, staff development is increasingly the main focus of most businesses. For this reason, forms are tasking employees with managing their growth. This action is fueled by rich, frequent feedback to their supervisors.

As a matter of fact, traditional appraisal performance has less sense to the companies. The HR management systems now adapt the moving annual appraisals. Scouthead fills the gap between a backward company and the next-generation platform.

Raj Fernando is the Chief Executive Officer of Scoutahead. Before founding Scoutahead, he was the Chief Executive Officer and Founder of Chopper Trading.