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The Need to Address Bad Performers

The next step is to address the bad performer for three main reasons:

First, if you don't address the situation, it sets the tone for the entire organization that bad performance is acceptable. The supply and demand theory is applicable for people as well; the supply of motivated and talented people is higher in a poor economy than any other economy. A great leader should use this opportunity to assess the organization's current talent pool, as well as the individual performance of each employee, to take advantage of the great supply of talent.