Signal 77% of employees with regular development conversations felt motivated against 21% without

Summary

A recent McKinsey survey cited in the report shows how much regular feedback shapes motivation. Of employees who had development conversations on a regular basis, 77 percent said they felt motivated, compared with only 21 percent of those who had no such discussions. The same survey exposed a capability gap, with nearly 25 percent of employees saying their managers lack the skills to conduct effective performance reviews. McKinsey uses this to argue that rigid annual appraisal systems should give way to ongoing dialogue and real-time coaching. Equipping managers to hold these conversations well emerges as a central task.