Keeping Talent & Dismissing Poor Performers
The business press has been filled with stories of the weak performance of General Electric. Many comparisons have been made to the lack of leadership in the last 15 years versus that which Jack Welch provided during GE’s glory years in the 1980s and 90s. One of the most controversial aspects of Welch’s time at GEperformance. He earned a reputation for brutal candour but rewarded those ranked in the top 20% with bonuses and stock options.
