How Yahoo Pivoted Away From Annual Performance Ratings To Continuous Feedback (#40)

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Voices of HR

HRMorning

55 episodes

3 days ago

Voices of HR, an HRMorning podcast, where we have candid conversations with an eclectic group of HR practitioners, thought leaders, and C-suite executives to tease out what works and what doesn’t in human resources, people strategy, corporate culture, and more. Join host, Berta Aldrich, Outperformance Coach, and author of "Winning the Talent Shift" for unique perspectives, new research, and behind-the-scenes stories you can use to strengthen your people strategy and create a culture of outperformance.

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How Yahoo Pivoted Away From Annual Performance Ratings To Continuous Feedback (#40)

Voices of HR

50 minutes 43 seconds

1 year ago

How Yahoo Pivoted Away From Annual Performance Ratings To Continuous Feedback (#40)

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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