Quarterly Performance Review Time

It’s that time of the quarter to do our performance reviews. We try to make them very simple and focused using a methodology from Patrick Lencioni. Everyone in my company has to answer the following four questions personally as well as for their direct reports:

1. What did you accomplish?
2. What will you accomplish next?
3. How can you improve?
4. How are you following the values?

Employees then provide anonymous feedback about how their manager can improve to our HR manager. I feel that doing reviews quarterly, and not tying them to compensation discussions, makes for better communication that flows in a more timely manner.