I'm curious to learn about staff performance management at other companies to understand what works and what doesn't. How does your company set goals, evaluate performance, etc? Do you use OKRs or a similar tool? Thanks!
Edit: Clarified that I am asking about staff and employee performance management. Thanks!
Really I think any company that waits until performance review time is really broken. That could be a year, or sometimes many years.
Also, the usefulness or performance management is usually undermined by the fact that the people doing the worst usually are in hardcore denial as to their performance. Those people are the hardest to change and manage. I've rarely seen performance management actually fix a problem, other than making the environment so unpalatable that the person just leaves.
I really wish I could have all that time wasted on writing useless "self-reviews" back. Even if I was staring at a blank wall it'd be time better spent.