Traditional performance review processes are rife with bias. Promotions even more so. While better tools, including bias detection software, can help nudge human participants in these processes to be less subjective, they don’t resolve the bias inherent in the process itself.
Employee trust is near all time lows, and unwanted turnover is near all time highs. Ensuring fairer, more transparent performance management systems can help stem the tide.
Join this session with Ultranauts CEO Rajesh Anandan for a deep dive into the lessons learned over almost a decade of experience and experimentation in reimagining performance management, including how to level the playing field for training and development, identify and mitigate bias in performance reviews, and eliminate the potential for favouritism in promotion decisions.
This session will explore:
- Why current approaches to diversity, equity and inclusion are failing
- How software tools can help reduce bias, and where they fall short
- How to reimagine performance management, including levelling the playing field for training and development, identifying and mitigating bias in performance reviews, and eliminating the potential for favouritism in promotion decisions.
- Understand the pitfalls of traditional performance management systems, as well as traditional approaches to achieving equity in the workplace
- Learn about analytical techniques for detecting bias in performance reviews
- Learn about a community-driven approach to making promotion decisions, which removes the need for performance reviews.
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Rajesh Anandan is an impact entrepreneur and growth architect. He is the co-founder and CEO of Ultranauts, an award winning quality engineering firm with employees in 29 states across the U.S., 75% of whom are on the autism spectrum. Named a FastCompany World Changing Idea, MIT SOLVE Challenge Winner and Interbrand Breakthrough Brand, Ultranauts is reimagining how a company hires talent, manages teams and develops careers.
Founded in 2013 by two MIT engineers, Ultranauts Inc is a data and software quality engineering firm powered by cognitively diverse teams, three quarters of whom are autistic. Named a Fast Company World Changing Idea and MIT Solve Challenge Winner, Ultranauts has redesigned every aspect of the traditional workplace so that everyone, no matter who they are, has a fair shot at success. By embedding inclusion and equity into its talent processes and management practices, Ultranauts created a blueprint for a new kind of organization, a Universal Workplace, where all team members can achieve their full potential by using their unique strengths, contributing fully, and being evaluated fairly.
Rajesh is also the founder of Unicef Kid Power which launched the world’s first Wearable-for-Good product and Streaming-for-Good service. He began his career at Microsoft as a program manager, and then joined Bain & Company where he focused on business incubation and growth strategy for technology, media, financial services, healthcare and retail clients. For the past decade, he has worked in the impact sector, including setting up and running Unicef Ventures, an incubator for self-sustaining tech-for-good ventures. Rajesh has a BSc and MEng in Computer Science and Electrical Engineering from MIT with concentrations in Artificial Intelligence, Systems Dynamics and Economics.