The document discusses problems with traditional performance reviews, including that they are often seen as inaccurate, focus too much on negatives, and don't provide frequent enough feedback. Research cited finds over half of employees see reviews as inaccurate and most say they do not motivate improved performance. The root causes identified include reviews having an unclear mission, being an outdated process, having fuzzy goals, lacking sufficient data, and issues with objectivity, development opportunities, and frequency of feedback. The document proposes crowdsourced feedback as a solution, where employees provide peer feedback throughout the year to give a more holistic and frequent assessment.