The ABCs of Rank and Fire Management [the broken link has been removed] by Mark Edmondson
Due in part to the influence of GE, employee ranking has become more widely adopted over the past 20 years. According to a 2004 study, currently about 34 percent of firms rank employees.
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Our clients have learned that a performance management system that reinforces a culture of engaged employees can be at tremendous competitive advantage. While at least one-third of your competitors are alienating employees with some sort of dysfunctional ranking practice, you’re creating a high-performance culture by leveraging your most valuable asset- the minds and hearts of your people.
Previous Posts on the failures of Performance appraisal Process:
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