Longtime General Electric CEO and management icon Jack Welch popularized a management style in the 1980s that critics dubbed "rank and yank." The system ranks employees — with under-performers getting yanked from their jobs or the company. This old practice is in the news again. Microsoft recently did away with it. But other companies are embracing it.
With Jeb Bush signaling he's likely to run for president in 2016, it's another sign that the presidential announcement season is underway. Here's a look at who has jumped in the race early and what to expect in the coming months.
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