Why You Should Fire (most of) Your Team

The British physicist and historian, Derek Price, is best remembered for an observation he made, now known as Price’s Law.

The law states that the square root of the number of people in a domain create 50% of the value. This means that in a company of 100 employees, 10 create half the value, and in a company of 1,000, just 31 create a staggering fifty percent of the value.

--

--

--

Founder of METARISE. CEO of Collective Campus. HBR writer. Author of Time Rich, and Employee to Entrepreneur. Host of Future Squared podcast. Occasional surfer.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Respect | Career Angles

How are you looking for a suitable specialist?

The worst career advice I ever received

What Does It Take for an International Student to Work in the US?

Gig Workers vs Remote Workers

Art Of Learning

The opportunity which I missed and which I got

Writing It Do, Fresh Plants & Hydration For All: Wellbeing In The Workplace

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Steve Glaveski

Steve Glaveski

Founder of METARISE. CEO of Collective Campus. HBR writer. Author of Time Rich, and Employee to Entrepreneur. Host of Future Squared podcast. Occasional surfer.

More from Medium

5 Significant People You Should Talk To Before Launching Your Business

How Big Tech Shapes The Innovation Landscape

Lessons From Building a $1.5 Billion Company

To Be Successful CEOs, Entrepreneurs Need to Become Good at This One Important Job