Management for Dummies, by T. O. Hicks. Chapter 4: Performance Appraisal

Conventional management wisdom has it that a performance review of a CEO should be carried out at Board level in private with the employee (CEO) present to discuss his/her performance against benchmarks, targets and competencies. I don't think this gets the job done and I will demonstrate the method I advocate by means of a case study:

Liverpool Football Club

Background: The CEO was hampering club progress so needed to be canned asap.

Form of Appraisal: Issue a letter affording the CEO the opportunity to resign.

Venue: No need for a formal meeting. Leak the letter to the media so that it's terms are in the public domain before the individual can react.

Performance against Benchmarks: As detailed in the letter 

Performance against targets:        ditto

Competencies: Ignore as you wouldn't be getting rid if he/she had any

Comments by jobholder:     of no particular relevance