Building Talent With Honesty
"My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too." – Jack Welch
I love Jack Welch. Don’t know the man, and know his reputation as “Neutron Jack,” who seems to have downsized half of America, but there’s more of a balance to his thinking than just that. Unlike the green eye-shade myopics of consolidated radio, Welch has a focus on developing people too.
His thoughts on development revolve around being candid with people, and “differentiating” them by performance, through his 20/70/10 plan.
The 20 are those in the top 20% of performers in the organization, and you pay them well, love them, bonus them, and give them attention. They are your difference between success and failure, and they reside at ever level and in every department.
The 70 are the 70% of people in the middle. With them you tell them what they need to be in the top 20%, and give them the tools to make it happen. You encourage and coach them to be better on an ongoing basis.
It’s the bottom 10% where the controversy begins, because Welch suggests you be completely honest and open, and council them to find work elsewhere, and in some cases cut them loose. But that doesn’t mean mass firings, it means giving them candid feedback and a chance to improve, and if they don’t helping them find work elsewhere.
Welch is right that radio, like most other businesses, isn’t candid with its employees, especially on-air talent. Not everyone is a top performer, and if we can’t help them get there, we have to let them go. To do otherwise is a failure on our part.



Recent Comments