Rank and Yank: The Performance Appraisal Parody
The human capital is the most coveted of all business resources. There simply can’t be a value attributed to it (not in the real sense we value assets). Your people represent the ideals you have created as an organisation and as a business. So how does one measure and reward good performance?”
I shared some thoughts on performance appraisals and information collected on what large corporations are doing to replace the system. Rank and yank famously represents what employees most resent about this system - the phrase coined from GE's practice around appraisals.
Read the full article on - https://blog.talenox.com/rank-and-yank-performance-appraisal/
Thank you to Gordon Ng, Sebastian Kang and Team Talenox that provided an opportunity to share my thoughts.