review.firstround.com · 2019-07-17
· 2513d
A Manager's Guide to Effective Performance Reviews: Three-Step System for Career Development
Lenny Rachitsky, former Airbnb Product Lead, shares a performance review system designed to accelerate employee career growth and improve team performance. The article identifies six common mistakes managers make and presents a three-step framework (Prepare, Deliver, Follow-up) with templates and real-world examples from building high-performing teams at Airbnb.
Metrics in this report
Annual Time Investment per Direct Report
12hours
minimum threshold
for adequate manager focus on career development
Performance Reviews Conducted
50+count
author experience
Lenny Rachitsky's track record
Preparation Time per Direct Report
3-5hours
recommended minimum
per performance review cycle (every 6 months)