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A Systematic Approach: How Dimensional’s Global Targeted Value Selects
Stocks
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The Dimensional Global Targeted Value is one of the funds that are
available for investment if you have an adviser that can recommend
Dimensional funds. ...
3 hours ago
Open one eye and close one eye under Bell curve. Someone has to be there. Who is best fit and no complain and no kpkb.
ReplyDelete//Open one eye and close one eye under Bell curve.//
ReplyDeleteHohoho pretty good to be under you Uncle! :)
But I think can only work in large organisations and also where the senior mgmt is not anal & don't take things personally.
In a previous stat board where I used to work, those whose performance grading is D for 2 consecutive years, or 2 out of 4 years won't have their contracts renewed. At least they won't fire outright, unless for misdemeanors. But this only affect the newer staff who joined after 2002. Coz from 2003 onwards all new staff are on 2-year renewable contracts. I think most ministries & stat boards are now like this.
For the old birds, in order to sack them for poor performance, need to have 2 years documented proof, plus at least 2X documented counselling series conducted together with HR. And need to write plenty of memos to PSD, involve the unions, etc. Usually we just post them out of our dept or division.
Jack Welch was well known for his policy of sacking the bottom 10% every year. But maybe exaggeration or only for HQ staff because at the peak, GE had like a few hundred thousand employees worldwide. Maybe sack the bottom 1% or 2%.
Uncle 8888 example very applicable in civil and public sector. Like that how to improve like what they talk?
ReplyDeleteHaving adequate number of slackers in team is actually a blessing, for the sake of meeting bell curve.
ReplyDeleteLOL! Finally someone is of same view
DeleteEven if no slackers, and all staff are super-hardworking & super-smart, there will still be bell curve. Just that the curve will be right-translated if you can plot in on a graph.
ReplyDeleteHaving slackers who don't mind having slacker grades & no increments will just make your job as supervisor / manager much easier. Kekeke!! :)
Unfortunately in today's world, management is not so ambivalent or forgiving of slackers. Many companies, even civil service, have been actively seeking out slackers to tekan and push out... If you are in-charge of slackers, mgmt & HR will also come after you, and your own performance grade will be affected by having those slackers still slacking around. :)