High Quality Nursing Papers by Nursing Experts

Our team of verified nursing experts will please you with excellent quality and timing for your paper

HR management Discussion

I’m studying for my Management class and need an explanation.

Don't use plagiarized sources. Get Your Custom Essay on
HR management Discussion
From $8/Page
Order Essay

Topic: Performance Measurement Fairness

The forced ranking approach to performance management is sometimes used to identify those top performers to be retained and those bottom performers to let go. Jack Welch of General Electric introduced and later championed this method, called by critics “rank and yank,” and other companies such as Lending Tree and American International Group (AIG) use it.

  • Describe the activities involved in the performance management process.

The forced ranking approach is one of several methods of managing performance described in the textbook.

  • Compare and contrast the fairness of forced rankings relative to two other methods of measuring performance described in this chapter.