Home » Dictionary » rank and yank

rank and yank

rank and yank
 n.— «Before it collapsed in a heap of moral ruin, Enron periodically fired the bottom-performing 10% of its employees. What’s more meritocratic than that? The McKinsey Quarterly praised this innovative practice, known internally as “rank and yank,” as one of the explanations for Enron’s success (It was actually based on a system that McKinsey invented, and implemented at Enron by their illustrious former partner, Jeffrey Skilling).» —“Questioning the merits of meritocracy” by Matt Prewitt Brown Daily Herald (Providence, Rhode Island) Apr. 17, 2008. (source: Double-Tongued Dictionary)

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Further reading


juicy noun. A person who illicitly carries alcohol in a water bottle. «Gwen Alexander, who’s been working at the Astoria pool for two years...

macaroon technique

macaroon technique  n.— «He used PowerPoint to impart what he calls the “macaroon technique,” referring to the sandwich-like French macaron...

sorry gift

sorry gift  n.— «Because guilt over spending is playing a big role in the sales downturn, he teaches salespeople to suggest a “sorry...

break the ton

break the ton  v. phr.— «When I was a kid we all drove muscle cars with enormous hemis. The term “breakin’ the ton” was popular...

ghost shift

ghost shift  n.— «Very low serial numbers, like very low MAC ID addresses, are a hallmark of the “ghost shift,” i.e. the shift that...

Recent posts