Zaparde: Performance improvement plans fail when management acts too late
Rujul Zaparde · Rujul Zaparde: Why Hiring Inexperienced People is Better | E1144 · 20VC with Harry Stebbings · Apr 24, 2024 · at 51:27
Rujul Zaparde is the co-founder and CEO of Zip. He responds to Harry Stebbings' question about whether performance improvement plans (PIPs) are a waste of time.
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“I actually don't agree with that. And I'll tell you why. If that is the case, that means you probably are doing the performance review too late or the performance plan. I assume that's what you meant too late. And you're not, you know, you're not giving the person an opportunity to like you haven't like detected it early enough, I guess, and given them an opportunity to course correct earlier.”
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