Quote

Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.

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.
Term
Sinks
Five
Earnings
Inspirational
Squeeze
Years
Jerk
Earning
Later
Short
Company

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If you've got a company that has a mentality inside that is filled with searching for a better idea every day, not just as a slogan but as a real concept, you will have innovation around you all the time.
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When it's time to let someone go, do it right. No surprises. No humiliation.
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If we wait for the perfect answer, the world will pass us by
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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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If there is anything I would like to be remembered for it is that I helped people understand that leadership is helping other people grow and succeed. To repeat myself, leadership is not just about you. It's about them
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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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Take time to get to know people. Understand where they are coming from, what is important to them. Make sure they are with you.
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There's no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences.
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Managers often hold on to resisters because of a specific skill set or because they've been around for a long time. Don't.
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Control your destiny or somebody will.
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If your CFO is more important than your CHRO (Chief Human Resource Officer) you're nuts!
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The most important quality of leadership is intellectual honesty. The reality principle - the ability to see the world as it really is, not as you wish it were.
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Be candid with everyone.
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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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Take lack of candor. ... I'm not talking about boldface lying, but a tendency to withhold information. That behavior is far more common, and it frustrates teams and bosses to no end.
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One of the ways we'll know that Work-Out has been successful is that my style of leadership will no longer be tolerated in this company.
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For a large corporation to be effective, it must be simple. For an organization to be simple, its people must have self-confidence and intellectual self-assurance. Insecure managers create complexity, real leaders do not clutter.
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I don't think environmentalists have the slightest reason to be concerned about globalization because every time you move a plant to a new place you upgrade the neighborhood. You put in global standards. You put in modern plants. And all the plants around it get improved.
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