With this being essentially a HR question for decades to solve, with so many people graduating with MBA HRs and Ph.Ds, I am surprised at the lack of progress or do not know of any alternative system being implemented in a big company successfully.
Because the current system benefits the managers, the MBAs, and HR consultants just fine.
The more energy you have to put into such a competition, the more you'll get out of it. Managers spend more time learning and playing the game, by definition. Since it's engineered as a zero-sum game, compounding benefits accrue to those in inverse proportion to the time they actually spend creating externally-meaningful value for the organization.
Because the current system benefits the managers, the MBAs, and HR consultants just fine.
The more energy you have to put into such a competition, the more you'll get out of it. Managers spend more time learning and playing the game, by definition. Since it's engineered as a zero-sum game, compounding benefits accrue to those in inverse proportion to the time they actually spend creating externally-meaningful value for the organization.