Management consulting giant Accenture has taken a decision to scrap annual performance reviews from its employee assessments. Apparently, the model is not working. Instead employees will be reviewed at local destinations be it Bangalore or Singapore. Accenture has nearly a third of a million employees globally and thus these individualized reviews take up massive time, effort and cost. Rather it is preferable if employees assess themselves on parameters set by them and mutually agreed with the organization. ANZ has taken a similar call.