How can you boost your team’s performance?
The former and late CEO of General Electric abided by the 20/70/10 system.
-> The top 20% of his employees were rewarded.
-> 70% of his employees were put on notice that they need to improve.
-> The bottom 10% of employees would be let go.
I like to apply this principle with a small twist.
I think the 10% of my most vulnerable people are my top 10% of people.
Hear more of my explanation here.
The remark comes from Shubham Agarwal