We are supposed to set annual goals/metrics, but don't know what we're doing 3 months out. This was also the case at previous company. Pointing out the task is

We are supposed to set annual goals/metrics, but don't know what we're doing 3 months out. This was also the case at previous company. Pointing out the task is impossible doesn't seem to bother management. Success Factors seems to make half its income from this sort of thing, so I assume it's trendy. There is a process managers are supposed to follow for promotions, which is good on paper, but it's pretty clear managers only do the paperwork steps of that and pick based on their own criteria. The one aspect of that that seems to function well is managers get nudged about people who haven't been promoted in a while. Usual funding issues with promotions, but I think that's true everywhere.