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Catchword for “rank and yank”
Catchword: rank and yank
Filed under: , , ,
Part of speech: n.
Quotation: Before it collapsed in a heap of moral ruin, Enron periodically fired the bottom-performing 10% of its employees. What’s more meritocratic than that? The McKinsey Quarterly praised this innovative practice, known internally as “rank and yank,” as one of the explanations for Enron’s success (It was actually based on a system that McKinsey invented, and implemented at Enron by their illustrious former partner, Jeffrey Skilling).
Article or document title:
“Questioning the merits of meritocracy” (URL)
Author:
Matt Prewitt
Article, document, publication, web site:
Brown Daily Herald
Publishing location:
Providence, Rhode Island
Date of publication:
Apr. 17, 2008
This catchword has yet to be researched.
Posted 22 Apr 08 | Permalink | Tell a Friend

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