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...Ranking and yanking is nothing new at Enron, which launched the system among its fiercely competitive wholesale-energy traders a decade ago and has since expanded it to cover all the Houston-based company's 18,000 employees. In a typically intense session, as many as 25 managers may gather around a conference table in a windowless room with a computer screen filled with employee rankings projected on one wall. Each participant comes armed with notebooks bulging with job reviews. As the discussion proceeds, the managers may shift people from one ranking to another, deciding their fate with the click...

Author: /time Magazine | Title: Rank And Fire | 6/11/2001 | See Source »

...Penalizing the weakest member of a small group can be dangerous to a company's legal health. "If you do not have clear-cut differences, it is very difficult to justify laying off that person," says Paul Gregory, a Houston attorney who specializes in employment law. That's particularly true if the person had been told for years that his or her work was fine. "Part of the problem with rank and yank," Gregory says, "is that most managers were not trained to give honest evaluations, so no honest, critical history exists...

Author: /time Magazine | Title: Rank And Fire | 6/11/2001 | See Source »

...With Karamchandani still at Harvard and Delvecchio set to start work at McKinsey in Houston this November, neither of them can devote themselves full time to ShuttleGirl...

Author: By Victoria C. Hallett, CRIMSON STAFF WRITER | Title: The Boys Behind ShuttleGirl | 6/7/2001 | See Source »

Replied engineer David Houston: "In the event you take a poll, my vote would be to change the cycle plan to replace the current front suspension at the earliest possible opportunity. I believe that this would positively position the [Explorer] to be immune from criticism arising from allegations regarding limit handling maneuvers"--an apparent reference to the SUV's test-track performance...

Author: /time Magazine | Title: Tired Of Each Other | 6/4/2001 | See Source »

...Replied engineer David Houston: "In the event you take a poll, my vote would be to change the cycle plan to replace the current front suspension at the earliest possible opportunity. I believe that this would positively position the [Explorer] to be immune from criticism arising from allegations regarding limit handling maneuvers"-an apparent reference to the SUV's test-track performance...

Author: /time Magazine | Title: Inside the Ford/Firestone Fight | 5/29/2001 | See Source »

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