Ranking Employees and Promoting from Within

Learn how to promote someone into a position of leadership within your business. Dr Z and business coach Clay Clark break down Jack Welch’s employee differentiation system and the importance of ranking your employees and promoting from within when possible.

Question – What is the main thing you look for when promoting someone within the organization to management or leadership?

The 6 Characteristics You Want to Look for When Promoting Within:

  1. Edge
  2. Energy
  3. Energize
  4. Execute
  5. Coachability
    1. “When you seek constructive criticism and not praise then you will get a raise.” – Clay Clark (Forme United States Small Business Administration Entrepreneur of the Year)
  6. Core Skills

The 5 A’s That Doctor Z Looks for Out of All Employees:

  1. Attitude
  2. Appearance  
  3. Above and Beyond
  4. Accuracy
  5. Attendance

Question – Do you ever feel bad about ranking (differentiating people) people?

  1. NOTABLE QUOTABLE – “Make them feel loved, hug them, give them cash, give them rewards in the soul and wallet. Do everything for them. For the middle 70%, show them what they need to do to get in the top 20%. For the bottom 10%, tell them why they should move on. Do it over a year or so. Tell them what their shortfalls are, tell them they’re in the bottom 10%, don’t give them a raise, and ask them to leave. Tell them ‘Over the next several months, [we’ll] work together to get you in the right place.’”- Jack Welch (The former CEO of GE who grew the company by 4,000% during his tenure)

Feedback

Let us know what's going on.

Have a Business Question?

Ask our mentors anything.

Reserve Your Seat

Attend the world's best business workshop

  • Credit cards accepted

Get More Info

Learn more about the world's best business workshop

Get Started

Your first month is ONLY $1!

Get Started

Schedule your FREE 60 minute coaching session

Don't miss out

Watch the rest of this video and get access to thousands of other online trainings by signing up for an account. Get Business School for $1 Go Back Home Browse More Videos

Get Your FREE eBook

Get Your FREE BOOM eBook

You will be redirected to your dashboard in a moment.