“Rank and yank” is the slang term for the forced ranking system which Mr. Jack Welch pioneered at General Electric starting in 1981 and which was used to gut the “bottom 10%” performers of the workforce every year. Is the “yank and rank” system consistent with your values as a small business leader? Shouldn’t organizations be similar to families with shared values, shared ethics and common approaches? If you agree, then perhaps the “bottom 10%” rule is a bit of an easy out; it may let management off the hook from giving employees the tough love that they may really need.
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