[davidlee1435]

If you don't mind me asking, what did you guys fall back to, and were you guys satisfied with it?

[mythrwy]

It's a terrible idea. Please don't even think about building it.

As another poster mentioned real time feedback between team members and leaders happens organically (if the people are any good). The HR annual or bi-annual review is a formalization and documentation step but I can't imagine usually leads to better performance.

[brianwillis]

We didn't replace it with anything. We still do formal performance reviews every six months.