Dailytech 572 - The "20/70/10" System to Boost Your Team Performance (21-01-2021)
Jul 02, 2021•4 min•Season 1Ep. 572
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Episode description
How can you boost your team’s performance?
The former and late CEO of General Electric abided by the 20/70/10 system.
-> The top 20% of his employees were rewarded.
-> 70% of his employees were put on notice that they need to improve.
-> The bottom 10% of employees would be let go.
I like to apply this principle with a small twist.
I think the 10% of my most vulnerable people are my top 10% of people.
Hear more of my explanation here.
The remark comes from Shubham Agarwal
#entrepreuner #business #entrepreneurship #leadership #leadershipmindset #leader #companygrowth #companyculture #automotiveindustry #humanresourcemanagement
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