Former Avis CEO Robert Townsend has said that the annual performance review is like whacking your dog once a year in a bid to housebreak him, writes Scott Eblin. You're better off with a more ongoing approach, Eblin writes. "Do yourself and your team a favor in 2014 and make a resolution to have regular conversations (in real time or at least monthly sounds good) about performance throughout the year," he suggests.

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