Eugene David
...The One-Minute Pundit

Monday, February 02, 2009


The Econowiz' anonymous hacks don't think they'll get laid off. "As a rule of thumb, a careful cull of the 10% of lowest performers can make a firm leaner by removing fat without damaging muscle." This assumes, of course, that businesses are wise enough to fire the lowest ten percent. Our hunch is many businesses fire randomly, in a misplaced spirit of "fairness", and when they suffer later they have only themselves to blame. Indeed half this article deals with "talent strategies", which suggests too many of the CEOs who put The Econowiz on their desks solely because BUGMEISTER did have none.

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