Everyone does performance reviews. Most performance reviews are a joke.

If you have a company under performing by 50% and 75% of employees are rated as exceeding expectations — how is that possible?

If you have a company over performing by 50% and 75% of employees are rated as exceeding expectations — what does that teach you?

I know there are a few very smart founders working to fix the process of reviews, feedback and management with software products and I am rooting for them so we can all stop wasting so much time on grade inflation.