Longtime General Electric CEO and management icon Jack Welch popularized a management style in the 1980s that critics dubbed "rank and yank." The system ranks employees — with under-performers getting yanked from their jobs or the company. This old practice is in the news again. Microsoft recently did away with it. But other companies are embracing it.
Companies Revisit 'Rank And Yank' of 1980s
By Yuki Noguchi • Dec 2, 2013
Originally published on December 2, 2013 10:27 am