with the “top” (~20%) rewarded, the “middle” (~70%) ignored and the “bottom” (~10%) terminated • Also known as “top grading” (Amazon), “stack ranking” (Microsoft), “rank-and-yank” (GE), “ranking- and-rating” (Intel) and — most gallingly — “individual dignity entitlement” (Motorola) • A team, organization or company tautologically cannot have more than a set percentage of top performers! • Self-fulfilling prophesy: if one has more than the set percentage of top performers, the lower-ranked top performers will do you the favor of leaving!