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meritocracy
(redirected from meritocracies)

   Also found in: Dictionary/thesaurus, Wikipedia, Hutchinson 0.03 sec.
meritocracy
1. rule by persons chosen not because of birth or wealth, but for their superior talents or intellect
2. the persons constituting such a group
3. a social system formed on such a basis


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? Mentioned in ? References in periodicals archive
 
In the New Economy, companies need to be run as meritocracies that reward high performers.
Most organizations believe that they are meritocracies, but that is a myth that masks the real situation of unequal opportunity that exists in most firms.
Everyone attending this event has been charged to be their company's ambassadors in creating meritocracies and performance-based cultures.
 
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