Top Consultant Says: People Should Know Where They Stand! |
Yesterday, FORTUNE interviewed retired GE CEO Jack Welch, whose management principles have been coming under attack, recently.
Defending every one with simplicity and logic, Welch went on to say that the idea of rank ordering your employees as to their relative effectiveness is still a good practice, and it isn't in any way, "cruel," as its detractors contend.
"It's all about fielding the best team," Welch said. "It's been portrayed as a cruel system. It isn't. The cruel system is the one that doesn't tell anybody where they stand."
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