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If you read "Straight From the Gut" by Jack Welch, you would know that this is standard practice that is supposed to weed out the bottom 10% every year. The "G
by steven2012 13y ago
If you read "Straight From the Gut" by Jack Welch, you would know that this is standard practice that is supposed to weed out the bottom 10% every year.
The "GE Way" was to keep pruning from the bottom, and yes, it would mean that sometimes decent performers would get cut. In the book, there's an anecdote about how at some point, groups would take on crappy workers, just so that they could fire them for the yearly purge.
- pcwalton 13y ago> The "GE Way" was to keep pruning from the bottom, and yes, it would mean that sometimes decent performers would get cut. In the book, there's an anecdote about how at some point, groups would take on crappy workers, just so that they could fire them for the yearly purge. How is that something that should be emulated? Seems like a tremendous waste of resources to me.
- gesman 13y agoStupidity of top management justifies the response