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I think superstar effect might be valid if only one person is going to win. Clearly, some people have genetic and experience advantages that would take years f
by chegra84 17y ago
I think superstar effect might be valid if only one person is going to win. Clearly, some people have genetic and experience advantages that would take years for the superstar's competitors to achieve, and why exert the force given the implicit probability that you are going to lose is high? The situation changes where there are number of top spots. Sure there might be one or two superstars, but it is more likely that you would place in a top spot. I am talking about GE competition scheme with 20-70-10. I think, everybody would think that they can reach a top 20% spot. The employees would know some people are a guaranteed for those spots but the others are very much open to someone willing to work hard, so in this sense I don't think it impedes competitiveness.
- nazgulnarsil 17y agoI think it is valid for each edge case where the rewards for placing in a certain position significantly jump. if you believe that you can easily take a position, and that you are unlikely to make the jump to the next tier of positions even with significant investment you aren't going to make that investment for such an unsure gain.
- chegra84 17y agoI agree. But given a wider pool of top spots implementing a competitive strategy is in the best interest of the corporation. So, from an individual stand point and you are on the edge it's bad for your own competitiveness but think in terms of a system having a wide edge will aid into profitability of the company.