Failed Practice: Forced Ranking

The ABCs of Rank and Fire Management by Mark Edmondson

Due in part to the influence of GE, employee ranking has become more widely adopted over the past 20 years. According to a 2004 study, currently about 34 percent of firms rank employees.
...
Our clients have learned that a performance management system that reinforces a culture of engaged employees can be at tremendous competitive advantage. While at least one-third of your competitors are alienating employees with some sort of dysfunctional ranking practice, you're creating a high-performance culture by leveraging your most valuable asset- the minds and hearts of your people.

Previous Posts on the failures of Performance appraisal Process:

• Performance without Appraisal
• Why Go Through the Painful Performance Process