Compare and contrast the rank and yank system with the coaching and development method.

Evaulating Performance Management [CLOs: 1, 2, 3]

Traditional performance management systems tend to be more punitive systems of ranking and rating past performance rather than productive systems with a focus on developing and promoting better performance. Many contemporary organizations believe that traditional performance management needs to be replaced with less formal and more frequent performance discussions. Read the Performance Management Is Broken: Replace “Rank and Yank” With Coaching and Development article, and analyze how this method affects organizational morale and organizational empowerment. The article also discusses the need for more coaching and development. Compare and contrast the rank and yank system with the coaching and development method. Evaluate what changes would need to be made to stop “ranking and yanking” and increase coaching and development.