STM,
In a word NO.
If I had my way we would only write an 'annual' report:
In the first year after taking up an appointment.
If the invididual was exceptional - good or bad.
If the individual requested a report to help their career.
For the majority, happy in their rank, going no place, no aspirations, and doing a good job a report serves nothing. Why raise reports for theses people in their last years of service?
I would also open jobs up to advertising and competition and not simply boarding. Instead of boarding use the civie method of head hunting instead.
If you think that you could do the SO2 Jx job at HQ xxx even though you are only a junior officer then you should be able to apply. If the job was unpopular and difficult to fill, at a stroke you would have at least one volunteer to consider as well as pressed men.
If you were a highly qualified Cpl where Sgt slots were like hens teeth but there was a forthcoming slot at ISL or ISK why not be able to apply for it?