Catfish Effect

What is Catfish Effect ?

  
The ‘Catfish Effect’ is the effect that motivates weaker members of a group to fight in the face of strong competition. Companies might take active steps to ensure healthy competition in the workplace, which is referred to as ‘Catfish Management’.
 
This effect is responsible for encouraging productivity at the workplace. It is also the reason why companies display scorecards prominently. It promotes healthy competition and ensures that even the weaker team members try harder to get maximum output.
 
The origin of the term is an ancient story from Norway. In those days, it was very hard to transport live sardine fish. A clever captain discovered that keeping a catfish in the same tank helps in keeping the sardines live longer.

More HR Terms

Downshifting

What is Downshifting?   ‘Downshifting’ refers to the slowing down of the pace of life as one begins to appreciate the finer things in life.

What is CTC Full Form?

CTC Full Form The full form of CTC is Cost To Company. Since CTC includes all the components of the salary that an employee receives,

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