Thanks for calling this out... In my career, I've seen some reviews be a complete waste of time and others provide value. It depends on the company and how seriously your manager takes the process.
During my time at Yahoo the process was an absolute joke as leadership was changing on the daily. When I was a PM at Intuit, I received feedback which I still leverage years after the fact.
People shouldn't feel like performance reviews are the only way to receive feedback. Feedback needs to happen regularly, not on an annual basis. Feedback should also come from people you respect, not the people your boss tells you to listen to at work.
During my time at Yahoo the process was an absolute joke as leadership was changing on the daily. When I was a PM at Intuit, I received feedback which I still leverage years after the fact.
People shouldn't feel like performance reviews are the only way to receive feedback. Feedback needs to happen regularly, not on an annual basis. Feedback should also come from people you respect, not the people your boss tells you to listen to at work.
Coincidentally, this is an area I have a lot of passion for given I was a HORRIBLE boss at my last company (acquired by Atlassian): https://medium.com/matter-app/you-matter-d7a0b07d078b
I'm also working to fix this problem, if anyone's interested in chatting on the topic or interested in fixing the problem... brett@matterapp.com