How should we approach performance management for our small staff team?

We have four staff members and I’m the ED. We do annual reviews but they always feel awkward and nothing really changes as a result. I write something up, we have a chat, everyone says things are fine, and we carry on exactly as before. I know this isn’t good practice but I’m not sure how to do it better without it feeling like a big corporate HR exercise that doesn’t fit our culture. Has anyone found a good approach to performance management in a small CSO that actually works and doesn’t create bad feelings?

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James B. Changed status to publish
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