Appraising Annual Appraisals

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Several big companies have ditched annual employee appraisals as a way of evaluating their workers' performance. Professor Peter Fleming of Cass Business School at City University London explains why, and how they can go wrong. Leah Busque, founder and executive chairwoman of Task Rabbit, an online employment company, tells us what they have put in place to replace annual appraisals, while William Saito, a Japanese entrepreneur and adviser to the government there, explains why Japanese corporate culture remains wedded to them. And, Lucy Kellaway of the Financial Times on why she thinks examples of failure are the best measure of career success. (Photo: A meeting between a man and woman and both look upset. Credit: Rilueda/Thinkstock)