why is the jack whelch stack ranking and other sigma 6 retardation still so popular in tech management and some finance when it has no empirical evidence to support it, game theory suggest it produces perverse incentives and most the companies that pioneered it, like ge, boeing and sears got hollowed out and barely survived if they survive at all?  its insanity. the productivity loss from unfilled vacancies, hours spent interviewing and onboarding doesnt justify the short term payroll cuts. the only use i can see is minimizing the risk of unionizing, but i have been an assistant gm to a location with 500 people and there is no way you have enough malfeasance in your workforce to justify 10% churn and burn not due to internal promotion or external opportunities. within several years or rank and yank most of your workforce would be above average compared to the employee pool and every fire is likely to be replaced by worse employees off law of averages.  it cost like 7k to replace a minimum wage worker after all is said and done and recruiting a nurse can cost tens of thousands. you cant tell me they arent hemorrhaging money in these software body shops with churn and burn. it makes no sense to me and i managed my half of a couple million a week in revenue and a few hundred employees. the tech portion of the economy seems fake. you cant actually manage like that. teams fall into backstabbing and chase metrics without producing anything or developing new talent.
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