McKinsey puts 3,000 staffers on review, citing ‘concerns’ over performance

[csrcsr]

McKinsey & Co. has warned about 3,000 of the firm’s consultants that their performance was unsatisfactory and will need to improve.

 

The firm gave these employees a so-called “concerns” rating as part of their performance reviews in recent months, according to people familiar with the matter. With that rating, employees are typically given about three months to show improved performance. If they’re unable to do so, the firm may begin counseling some of them to leave the company entirely. 

[Aquaman]

formality anukunta.. thesese mundhu...

[csrcsr]

6 minutes ago, Aquaman said:

formality anukunta.. thesese mundhu...

kasta kalam start avutunayi anna antha stack ranking , e kodukulu vere companies ki poyi ide salaha istaru

 

lifted from linked in

 

 

Here's a cultural values question for you. Is it ok that in tough times employees are at higher risk of being labelled 'poor performers' than in good times ❓

McKinsey has given you-may-be-fired-due-to-poor-performance warnings to 3000 employees as 'economies slow'. 😟 But what constitutes 'acceptable performance' for a given organization and role should NOT change based on outside economics. Should it?

Yet it seems to. Why?

It's partly that there is a management bandwidth constraint with managing low performers in good times. Managers procrastinate performance management when they are already too busy with recruiting and too fearful of not finding a replacement. When your phones are ringing off the hook, any warm body is coveted...even if they aren't entirely respected. But is retaining that employee what is best for employees overall?

My guess is the rise in performance management is also top-down directives from executives wanting to keep layoffs as a last resort, or just wanting to save costs of layoffs in general.

[DallasBaluKarry]

Groduhalo peyttukomanu ani @DallasKarreBaluGandu irving swadesi parking lot lo chai thagutu telling

[r2d2]

maa daggara low performers' managers ki kooda  band padutundi...

[DallasKarreBaluGandu]

18 minutes ago, csrcsr said:

McKinsey & Co. has warned about 3,000 of the firm’s consultants that their performance was unsatisfactory and will need to improve.

 

The firm gave these employees a so-called “concerns” rating as part of their performance reviews in recent months, according to people familiar with the matter. With that rating, employees are typically given about three months to show improved performance. If they’re unable to do so, the firm may begin counseling some of them to leave the company entirely. 

 

 

maku telvada cc @DallasBaluKarry

[Aquaman]

19 minutes ago, csrcsr said:

kasta kalam start avutunayi anna antha stack ranking , e kodukulu vere companies ki poyi ide salaha istaru

 

lifted from linked in

 

 

Here's a cultural values question for you. Is it ok that in tough times employees are at higher risk of being labelled 'poor performers' than in good times ❓

McKinsey has given you-may-be-fired-due-to-poor-performance warnings to 3000 employees as 'economies slow'. 😟 But what constitutes 'acceptable performance' for a given organization and role should NOT change based on outside economics. Should it?

Yet it seems to. Why?

It's partly that there is a management bandwidth constraint with managing low performers in good times. Managers procrastinate performance management when they are already too busy with recruiting and too fearful of not finding a replacement. When your phones are ringing off the hook, any warm body is coveted...even if they aren't entirely respected. But is retaining that employee what is best for employees overall?

My guess is the rise in performance management is also top-down directives from executives wanting to keep layoffs as a last resort, or just wanting to save costs of layoffs in general.

just to avoid legal things emo anna...

rate them low before lay off anukunta

[Jatka Bandi]

Skillset and diversity in thoughts choodakunda, standard frameworks ni robots laaga batti kotti repeat cheyagalige vallane teesukunte, inkem expect chestam. AI vastundi. Veellandaru waste ilanti template panulu chese vaallu.

But this is not news. Consulting companies nunchi every year vere companies lo mid level management roles ki vastaaru. They come because these big consulting firms ask them to leave because of their performance. Most remain silent on why they left but many pose as if they are fed up with travel.

[Skn_benami]

Itlanti layoff, outsourcing penta patkochinde e consulting companies. Now they are biting their own leg. 

[greensboro]