Have you felt that not everyone at your company or organization is equally productive? Some – a few – are significantly more productive than everyone else combined. While that observation is anecdotal, it occurs a lot. So much so that it has even been studied empirically by a professor at Yale University who found that it is, in fact, a real phenomena and dubbed the theory Price’s Law. Anyone who leads or manages a department, division, business or organization should know Price’s Law. (FYI… Price’s Law has nothing to do with the price of goods and services.)
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