Co-founders, team & legal

How do I run performance reviews in a small company?

Hold a short written review every six months and keep everyday feedback for weekly one-to-ones, so nothing in the review is a surprise. Ask the person for a self-review answering three questions (what went well, what did not, where they want to grow), gather a few lines of peer input from the five to eight people they work with most, then write your own page: results against the goals set last time, strengths, the one or two things to change, and a clear rating. First Round's guide suggests three to five hours of preparation per direct report. In the meeting, walk through it, listen to their side, and agree the goals for the next six months. A shared doc and one template used for everyone is enough for a small team; review software can wait.

Part of Performance reviews on eChai Explore.

Go deeper

6 resources, 6 link-checked.

📄 Article
✓ Link checked Free Beginner

Rachitsky ran 50-plus reviews at Airbnb and turned it into a Prepare, Deliver, Follow-up system he explicitly says is for early-stage founders putting a performance system in place for the first time. It hands you the actual mechanics: three start/stop/continue questions to gather peer input, a 45-minute conversation structure that spends two-thirds of the time on development, and downloadable templates so you copy the doc instead of inventing the process.

The Power of Performance Reviews: Use This System to Become a Better Manager

From First Round Review by Lenny Rachitsky 20 min read

  • Feedback runs on a repeatable loop of prepare, deliver, follow-up, not a once-a-year scramble
  • Collect peer input with three plain questions (start, stop, continue) rather than a heavy 360 tool
  • Share the rating early in the conversation and spend most of the time on one or two concrete growth areas
Open review.firstround.com →
📄 Article
✓ Link checked Free Beginner

This is the founder-sized version of Radical Candor: a four-step order of operations (Get, Give, Gauge, Encourage) that starts by soliciting feedback on yourself before you dish any out, which is exactly the trust move a founder needs before HR exists. The CORE script (Context, Observation, Result, Expected next step) gives you a sentence-level template for delivering direct feedback within 48 hours without it turning personal.

How to Get and Give Feedback Using the Radical Candor Order of Operations

From Radical Candor by Kim Scott (Radical Candor team) 15 min read

  • Solicit feedback on yourself first; it earns the right to give it and models candor for the team
  • Structure every piece of feedback with CORE: context, observation, result, expected next step
  • Treat feedback like brushing and flossing (small and frequent) not a root canal (rare and dreaded)
Open radicalcandor.com →
📋 Template
✓ Link checked Free Beginner

Ready-made review formats from a performance-management software company: self-reviews, manager reviews, peer feedback and project reviews. Copy one into a doc; a small company does not need the software to use the format.

7 performance review templates (Lattice)

From lattice.com by Lattice Templates

  • Pick one template and use it for everyone so reviews are comparable.
  • Pair a self-review with the manager's review so the conversation starts from both views.
  • Templates work in a shared doc; software can come later.
Open lattice.com →
📄 Article
✓ Link checked Free Beginner

A bank of questions for self-reviews, manager reviews and peer feedback from an employee-feedback company. Useful when you are writing your first review form and want questions that ask about results and behaviour rather than personality.

Performance review questions (Culture Amp)

From cultureamp.com by Culture Amp Article

  • Ask about specific results and examples, not general traits.
  • Use the same few questions for self, manager and peer input.
  • Include a forward-looking question about growth and support.
Open cultureamp.com →
📄 Article
✓ Link checked Free Intermediate

Google's research into what its best managers do, the work known as Project Oxygen. For a founder running reviews for the first time, it is a list of the behaviours to measure yourself on: coaching, regular one-to-ones, clear goals and career conversations.

Following the data: the research behind great managers (Google re:Work)

From rework.withgoogle.com by Google re:Work Guide

  • Regular coaching matters more than the annual review itself.
  • Career development conversations are part of a manager's job, not HR's.
  • Ask your team to review you on the same behaviours.
Open rework.withgoogle.com →
📖 Book
✓ Link checked Paid Intermediate

The former Intel CEO's book on management as leverage, where OKRs began. It covers planning, one-to-ones, meetings and performance reviews, and the idea that a manager's output is the output of the team.

High Output Management

From penguinrandomhouse.com by Andrew S. Grove Book

  • A manager's output is the output of the team and of the teams they influence.
  • Hold regular one-to-ones run by the report, not the manager.
  • Spend your time on the activities with the highest leverage.
Open penguinrandomhouse.com →

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