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pembrook 3 days ago

All of Jack Welch’s management tactics should be considered suspect now.

His performance at GE was 100% fueled by financial leveraging that blew up in 2009, basically killing the company. Nobody should be taking management lessons from this guy.

lotsofpulp 3 days ago | parent [-]

> Nobody should be taking management lessons from this guy.

Rank and yank is simply about lowering labor costs, once the business has achieved a significant moat and no longer needs to focus solely on growing revenues. A negotiating tool for the labor buyer, due to the continuous threat of termination.