“this sort of ranking system. It was actually popularized by Jack Welch at GE, where it was known as “rank and yank.”
This is a misappropriation of the first order! The true inventor of this evil ranking system was JD Rockefeller of Standard Oil. His grim “Rating and Ranking System” is still practiced ruthlessly at ExxonMobil.
I didn't know that. Rank and rank seems to be the opposite of W. Edward Deming's philosophy. I wonder if anyone notices that liberals tend to make very successful entrepreneurs, which is fine with me as long as they stay out of government.