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Management is all about managing in the short term, while developing the plans for the long term.
Jack Welch
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Jack Welch
Age: 84 †
Born: 1935
Born: November 19
Died: 2020
Died: March 1
Author
Businessperson
Engineer
Journalist
Manager
Writer
Peabody
Massachusetts
John Francis Welch
Jr.
John Francis Jack Welch
Jr.
Management
Leadership
Short
Plans
Term
Inspirational
Long
Managing
Developing
More quotes by Jack Welch
Companies don't give job security. Only satisfied customers do.
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The most important job you have is growing your people, giving them a chance to reach their dreams.
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Take the middle 70 percent and tell them what they need to do to get into the top 20 percent.
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Change has no constituency and a perceived revolution has even less.
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If you have a reputation as a big, stiff bureaucracy, you're stuck.
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You can't behave in a calm, rational manner. You've got to be out there on the lunatic fringe.
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You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand.
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The biggest opportunity for big companies has come by far in the digitization of internal processes.
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Ninety-nine point nine percent of all employees are in the pile because they don't think.
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My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too.
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When all is said and done, teaching is what I try to do for a living.
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Don't lose youself on the way to the top.
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Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
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Stretch targets energize. We have found that by reaching for what appears to be the impossible, we often actually do the impossible and even when we don't quite make it, we inevitably wind up doing much better than we would have done.
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In every company, differentiation is never more important than it is in times of trouble, and that's the time when everyone tends to go to the well and equalize rather than differentiate.
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In manufacturing, we try to stamp out variance. With people, variance is everything.
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No vision is worth the paper it's printed on unless it is communicated constantly and reinforced with rewards.
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No one can guarantee you a job other than satisfied customers. That's the only thing that works. Nothing creates work other than products and services you provide that create satisfied customers.
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Managers can waste a lot of time at the outset of a crisis denying that something went wrong. Skip that step.
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If you reward candor, you'll get it.
Jack Welch
