Workers afix signs of German software form SAP at the CeBIT exhibition centre in Hanover, Germany, in this February 27, 2010 file photo. REUTERS/Thomas Peter/Files
FRANKFURT: Germany's SAP, maker of software used to grade the performance of millions of employees worldwide, is ditching its own annual performance reviews as too expensive, time-consuming and often demotivating.
Once championed by business leaders as the key to better productivity, annual appraisals are falling out of fashion with companies including IBM, Gap and even General Electric, whose long-time chief executive Jack Welch is credited with popularising the system.
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