Company Quote by Harvard Business School Press

“The process contains serious flaws. First, it’s conducted annually, so it doesn’t help executives respond swiftly to threats and opportunities (a new competitor, a possible acquisition) that crop up throughout the year. Second,” quote by Harvard Business School Press — Download Open image

““The process contains serious flaws. First, it’s conducted annually, so it doesn’t help executives respond swiftly to threats and opportunities (a new competitor, a possible acquisition) that crop up throughout the year. Second,””

Harvard Business School Press

About This Quote

Source Book: The Annual Review Process, 2018

Annual reviews miss timely threats and opportunities, limiting executives’ agility.

In simple terms: Annual reviews are too slow.

Key Takeaway

Adopt continuous feedback loops.

Themes

leadership strategy agility risk

Mood

analytical strategic

Type

business management

When to use this quote

product development
crisis response

Key Concepts

real‑time monitoring adaptive planning

Questions to Reflect On

How can you implement ongoing assessment?
What tools support rapid decision‑making?

A Different Perspective

Annual cycles can create blind spots.

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