![]() ![]() There is no point in attempting to apply a ranking when your team has no idea about what you consider critical success criteria. If this has not been communicated properly, you should exit this article here and get that done ASAP. The following section of this article will explain the various components and offer suggestions for implementing your own ranking system.Įxcel Based Stack Ranking Tool Core components A – Success CriteriaĮvery job has a success profile or a set of criterion upon which success will be judged. I’ve chosen Microsoft Excel as the system I’ll use, but there are many systems available that will work.īelow, I have included an image with various highlighted sections. Implementing a Ranking SystemĪny ranking system should have a core set of components that will enable you to record the scores of your team members as they relate to criteria or attributes. ![]() This will be especially helpful when communicating results to employees as well as superiors. This means having some good reference material about what each team member’s job description or role entails. One key to ensuring that you are getting an accurate representation of your team and the rank each member assumes is by including the critical data elements by which you will evaluate them. Nevertheless, the stack ranking system, when used effectively can provide great insight into the performance of your team and can highlight important focus areas for enablement and development. And I must admit the arguments against are valid. Some have argued that there are many problems with the stack ranking system. The issue that many managers face when it comes to stack ranking is that even if you have a solid team of super hero performers, someone will be on the bottom of the list. Especially when you consider the fact that many companies use this tool as a way to identify and carry out targeted reductions in force. Stack Ranking the members of your team can be a loathsome task. Unlike a standard performance rating, a ranking implies that no two employees should have the same assigned rank and that when you’re finished, someone will be number one and someone will be on the bottom of the pile. ![]() Stack Ranking as the name implies is the process of stacking things or people up and applying a 1 to n rating to each. ![]()
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