John Francis " Jack" Welch Jr. (born November 19, 1935) is an American retired business executive, author, and chemical engineer. He was …

Mr. Welch is the head of Jack Welch , LLC, where he serves as Senior Advisor with the private equity firm, Clayton, ... Jack : Straight from the Gut.

Jack Welch & The G.E. Way: Management Insights and Leadership Secrets of the Legendary CEO [Robert Slater] on Amazon.com. …

John Francis " Jack" Welch Jr. (born November 19, 1935) is an American retired business executive, author, and chemical engineer. He was …

Mr. Welch is the head of Jack Welch , LLC, where he serves as Senior Advisor with the private equity firm, Clayton, ... Jack : Straight from the Gut.

Jack Welch & The G.E. Way: Management Insights and Leadership Secrets of the Legendary CEO [Robert Slater] on Amazon.com. …

A vitality curve is a leadership construct whereby a workforce is graded in accordance with the individual productivity of its members. It is also known as forced ranking , forced distribution , rank and yank , quota-based differentiation , and stack ranking . The often cited "80-20 rule" — also known as the " Pareto principle " or the "Law of the Vital Few" — whereby 80% of crimes are committed by 20% of criminals, or 80% of useful research results are produced by 20% of the academics, is an example of such forced rankings. In some cases such "80-20" tendencies do emerge, and a Pareto distribution curve is a fuller representation.

According to a 2013 survey by WorldatWork , the method is used by about 12% of US corporations. [1] According to The Corporate Executive Board Company , it is used by 29% of companies. [2] [3] According to Dick Grote, a consultant who specializes on the topic, 60% of the Fortune 500 companies used some form of ranking in 2012. [4] According to a statement by CEB Inc. , quoted by The Washington Post of July 2015, 6% of Fortune 500 companies have stopped using rankings. [5]

The vitality model of former General Electric chairman and CEO Jack Welch has been described as a "20-70-10" system. The "top 20" percent of the workforce is most productive, and 70% (the "vital 70") work adequately. The other 10% ("bottom 10") are nonproducers and should be fired . [6] [7] Rank-and-yank advocates credit Welch's rank-and-yank system with a 28-fold increase in earnings (and a 5-fold increase in revenue) at GE between 1981 and 2001. [ citation needed ]

John F. Welch, Jr. | GE.com


Jack Welch & The G.E. Way: Management Insights and.

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