The only other time it had been used was in 1910, during a rebellion by forty-two Progressive Republicans, the Party radicals of the day, against their Speaker, Joseph Gurney Cannon, who was accused of running the House like a tyrant. It’s an obscure parliamentary tool that allows any member of the House to trigger a vote to oust the Speaker. On July 28th, Mark Meadows, a Republican representative from North Carolina, walked to the well of the House and filed a motion to vacate the chair. 1.One of the working titles for the group was the Reasonable Nutjob Caucus. Politico Up or Outīaxter International has named Jose Almeida its next CEO as of Jan. Rubio shot back, "Someone has convinced you that attacking me is going to help you." Bush didn't have an answer and remained an afterthought the rest of the night. Bush tried to call out Rubio for his worst-in-the-Senate attendance record. Jeb Bush's fledgling campaign may have come down to an exchange between him and former protege Rubio. Former Hewlett Packard CEO Carly Fiorina didn't help her cause as she got lost amid the rancor of other candidates. Other candidates filled the void with no clear leader in a tight race. It could have been an off night for the two candidates, or they might feel the pressure of not wanting to make a mistake as they find themselves atop the pack. Washington PostĪt times last night, poll leaders Ben Carson and Donald Trump nearly disappeared. Office holders like Senators Marco Rubio and Ted Cruz retook command of the stage from outsiders Trump, Ben Carson, and Carly Fiorina. The candidates spent about as much time debating each other as they did arguing with the CNBC moderators over the questions, which included whether Donald Trump's campaign is that of a comic book villain. As China's economy struggles with an aging population, the Communist Party agreed to grant families the right to two kids. President Xi Jinping lifted the 35-year-old law that limited most Chinese families to one child. Ryan has declared his intention to unify his fractured party, but exactly how is unclear. He will have to clear a formal House vote this morning. The GOP voted yesterday to select Ryan as their choice for Speaker, succeeding John Boehner, with 80% of the Republicans in favor. Paul Ryan cleared to become House Speaker It would cap a recent spending spree by Pfizer CEO Ian Read, who noted on Tuesday that stock price declines in pharmaceutical companies doesn't change what they're worth in "a transactional situation.” The talks are early, though, and it's unclear if Allergan CEO Brent Saunders will agree to a deal. ![]() With Allergan's market cap above $112 billion, a proposed deal between the two pharmaceutical companies would become the largest in a busy M&A year. Adobe, for example, has attracted much attention with its “Check-In” system that requires feedback often, not annually. Many of the companies that are ditching the old rating systems are finding other ways to force that honest conversation. In which case the employees never know how they’re really doing and stand far less chance of improving. He had no quarrel with other means of making them do it – but experience has shown that if you give managers a half-inch of wiggle room to avoid giving employees an honest assessment, most of them will use it. Many managers absolutely hate to tell employees, rigorously and honestly, where they stand. His response was simple: The whole point “is to force a conversation,” he said. A former GE executive, he was CEO of Nielsen and a fan of the system, which he used at Nielsen. Microsoft used the system until two years ago, and employees rejoiced when the company dumped it.Īt that time I asked Dave Calhoun about it. Some employees were furious at how they were ranked, and some felt the system pitted them against one another: For me to be moved into a higher category, someone else must be moved out. ![]() Many companies adopted the system when GE was flying high, and many of them had terrible experiences. The danger is that leaders may conclude they can improve their organization’s performance by changing the tool, when the real issue, a much tougher one, is improving the skills of those who use any tool for helping employees get better.Įveryone’s favorite example in the bad-tool argument is the forced ranking system popularized by General Electric when Jack Welch was CEO: Every employee every year had to be placed in a category, high, middle, or low (the exact definitions of which changed as the system evolved) and had to be told where he or she stood. Performance ratings in their multiple forms are tools, and at many companies they’re despised not because the tools are bad, but because the users of the tools are inept. Produced by Ryan I’d be cheering too, except for one problem.
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