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You need to fire 10% of your talent and it’s not the bottom 10%. That’s too easy. We’re talking about The Next 10%’ers – the employees who hide for years by delivering “just enough” performance. You know you can do better, but instead you treat them like a car tire with a slow leak. You fill it with air once a week because you don’t want the pain and expense of fixing it.
If you’re wondering if the business benefits are worth the pain, consider that:
1. The performance benefits will be immediate
2. The Next 10%’ers block others’ advancements
3. You’ll be judged by The Next 10%’ers mediocre results
4. Team engagement will instantly increase
We know from our research that high performing companies regularly upgrade their talent and don’t tolerate lower performers very long. They have this shared mindset because they value performance and want the best possible talent in every job.