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Vitality Curve
A vitality curve is a performance management practice that calls for individuals to be ranked or rated against their coworkers. It is also called stack ranking, forced ranking, and rank and yank. Pioneered by GE's Jack Welch in the 1980s, it has remained controversial. Numerous companies practice it, but mostly covertly to avoid direct criticism. Overview 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. 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 rankings observable in social behavior. In some cases such "80-20" tendencies do emerge, and a P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Performance Management
Business performance management (BPM) (also known as corporate performance management (CPM) enterprise performance management (EPM),) is a management approach which encompasses a set of processes and analytical tools to ensure that a business organization's activities and output are aligned with its goals. BPM is associated with business process management, a larger framework managing organizational processes. It aims to measure and optimize the overall performance of an organization, specific departments, individual employees, or processes to manage particular tasks. Performance standards are set by senior leadership and task owners which may include expectations for job duties, timely feedback and coaching, evaluating employee performance and behavior against desired outcomes, and implementing reward systems. BPM can involve outlining the role of each individual in an organization in terms of functions and responsibilities. History By 2017, Gartner had reclassified CPM as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by total revenue for their respective fiscal years. The list includes publicly held company, publicly held companies, along with Privately held company, privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset Fortune 1000, ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in January 1955. The original top ten companies were General Motors, ExxonMobil, Jersey Standard, U.S. Steel, General Electric, JBS USA, Esmark, Chrysler, Armour and Company, Armour, Gulf Oil, Mobil, and D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Competitive
Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individuals, economic and social groups, etc. The rivalry can be over attainment of any exclusive goal, including recognition. Competition occurs in nature, between living organisms which co-exist in the same environment. Animals compete over water supplies, food, mates, and other biological resources. Humans usually compete for food and mates, though when these needs are met deep rivalries often arise over the pursuit of wealth, power, prestige, and fame when in a static, repetitive, or unchanging environment. Competition is a major tenet of market economies and business, often associated with business competition as companies are in competition with at least one other firm over the same group of customers. Competition inside a company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Behavior
Human behavior is the potential and expressed capacity (Energy (psychological), mentally, Physical activity, physically, and Social action, socially) of human individuals or groups to respond to internal and external Stimulation, stimuli throughout their life. Behavior is driven by genetic and environmental factors that affect an individual. Behavior is also driven, in part, by thoughts and feelings, which provide insight into individual Psyche (psychology), psyche, revealing such things as attitude (psychology), attitudes and value (personal and cultural), values. Human behavior is shaped by Trait theory, psychological traits, as personality types vary from person to person, producing different actions and behavior. Social behavior accounts for actions directed at others. It is concerned with the considerable influence of Social relation, social interaction and culture, as well as ethics, interpersonal relationships, politics, and Conflict (process), conflict. Some behaviors a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert I
Robert I may refer to: * Robert I, Duke of Neustria (697–748) *Robert I of France (866–923), King of France, 922–923, rebelled against Charles the Simple * Rollo, Duke of Normandy (c. 846 – c. 930; reigned 911–927) * Robert I Archbishop of Rouen (d. 1037), Archbishop of Rouen, 989–1037, son of Duke Richard I of Normandy * Robert the Magnificent (1000–1035), also named Robert I, Duke of Normandy, 1027–1035), father of William the Conqueror. Sometimes known as Robert II, with Rollo of Normandy, c. 860 – c. 932, as Robert I because Robert was his baptismal name when he became a Christian * Robert I, Duke of Burgundy (1011–1076), Duke of Burgundy, 1032–1076 * Robert I, Count of Flanders (1029–1093), also named Robert the Frisian, Count of Flanders, 1071–1093 * Robert I de Brus (ca. 1078 – 1141/1142) * Robert I of Dreux (c. 1123 – 1188), Count of Braine in France, son of King Louis VI *Robert I of Artois (1216–1250), son of King Louis VIII of France *Ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeffrey Pfeffer
Jeffrey Pfeffer (born July 23, 1946, St. Louis, Missouri) is an American business theorist and the Thomas D. Dee II Professor of Organizational Behavior at the Stanford Graduate School of Business. Biography Pfeffer graduated high school from the Webb School of California. He received his BS and MS degrees from Carnegie-Mellon University and his PhD from Stanford University. He began his career at the business school at the University of Illinois and then taught at the University of California, Berkeley from 1973 to 1979. Pfeffer has given talks in 39 countries around the world and has taught management seminars for numerous companies and associations in the United States including Sutter Health, the Mayo Clinic, Kaiser Permanente, John Hancock, Hewlett-Packard, and the Online Publishers Association now called Digital Content Next (DCN). Pfeffer has served on the boards of several human capital management companies including Resumix, Unicru, and Workstream. He also served o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Confirmation Bias
Confirmation bias (also confirmatory bias, myside bias, or congeniality bias) is the tendency to search for, interpret, favor and recall information in a way that confirms or supports one's prior beliefs or Value (ethics and social sciences), values. People display this bias when they select information that supports their views, ignoring contrary information or when they interpret ambiguous evidence as supporting their existing attitudes. The effect is strongest for desired outcomes, for emotionally charged issues and for deeply entrenched beliefs. Biased search for information, biased interpretation of this information and biased memory recall, have been invoked to explain four specific effects: # ''attitude polarization'' (when a disagreement becomes more extreme even though the different parties are exposed to the same evidence) # ''belief perseverance'' (when beliefs persist after the evidence for them is shown to be false) # the ''irrational primacy effect'' (a greater relia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rob Enderle
Rob Enderle (born July 27, 1954 in Corona, California) is an American technology analyst. Enderle has formerly worked at EMS Development Company,ROLM Systems, and IBM. He began his analyst career at Dataquest before helping to launch GiGa Information Group. After GiGa was acquired by Forrester Research, he worked at Forrester until he left and founded his firm, the Enderle Group. Enderle writes columns for technological publications. He sits on multiple advisory councils, including those for Lenovo, AMD, and HP. He has worked as an advisor for Microsoft. Dell, IBM, Siemens, and Intel, among other companies. Comments Enderle also shares his views in the media on various technology companies, including Apple, HP, Google, Sony, Microsoft, and Oracle, and on technology-related topics, such as security and consumer technology. Education * California State University, Long Beach, B.S. in Manpower Management, MBA A Master of Business Administration (MBA) is a professional de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Class Action
A class action is a form of lawsuit. Class Action may also refer to: * ''Class Action'' (film), 1991, starring Gene Hackman and Mary Elizabeth Mastrantonio * Class Action (band), a garage house band * "Class Action" (''Teenage Robot''), a 2002 episode of ''My Life as a Teenage Robot'' *''Class Action'', a play by Brad Slaight *''Class Action'', a 2002 book that was the basis for the film '' North Country'' *''Cla$$ Action'', a 2005 novel by Henry Denker {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conoco
Conoco ( ), formerly known as Continental Oil, is an American Petroleum industry, petroleum brand that is operating under the current ownership of the Phillips 66 Company since 2012 and is headquartered in the Westchase, Houston, Westchase neighborhood of Houston, Texas, Houston, (Harris County, Texas, Harris County), Texas. The brand is one of the several successors of the original Standard Oil, Standard Oil Company ("oil trust" founded 1870 by industrial titan John D. Rockefeller (1839–1937). Conoco was a subsidiary of Standard Oil from 1884 until 1911 when the Supreme Court of the United States, in an anti-trust legal case, Successors of Standard Oil, ruled to decouple and break up the monopolized entity of Standard Oil. Alongside Phillips 66 and 76 (gas station), 76, it operates as one of the major fuel brands of the Phillips 66 Company. Of those two brands, Conoco has a more dominant presence of gas refueling stations in the markets of the U.S. state, states of Colorado, T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational corporation, multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the List of Ford vehicles, Ford brand, and luxury cars under its Lincoln Motor Company, Lincoln brand. The company is listed on the New York Stock Exchange under the single-letter ticker symbol F and is controlled by the Ford family (Michigan), Ford family. They have minority ownership but a plurality of the voting power. Ford introduced methods for large-scale manufacturing of cars and large-scale management of an industrial workforce using elaborately engineered manufacturing sequences typified by moving assembly lines. By 1914, these methods were known around the world as Fordism. Ford's former British subsidiaries Jaguar Cars, Jaguar and Land Rover, acquired in 1989 and 2000, r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microsoft
Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The early 1980s and home computers, rise of personal computers through software like Windows, and the company has since expanded to Internet services, cloud computing, video gaming and other fields. Microsoft is the List of the largest software companies, largest software maker, one of the Trillion-dollar company, most valuable public U.S. companies, and one of the List of most valuable brands, most valuable brands globally. Microsoft was founded by Bill Gates and Paul Allen to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. During the 41 years from 1980 to 2021 Microsoft released 9 versions of MS-DOS with a median frequen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
