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In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States.
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.
United
Running
Mitt
States
Romney
Ever
Qualified
Presidency
Lifetime
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Protecting underperformers always backfires.
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Simple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making.
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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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I’ve learned in a hundred ways that I rarely regretted acting but often regretted NOT acting fast enough.
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Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital - the world's best talents and greatest ideas.
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A leader's role is not to control people or stay on top of things, but rather to guide, energize and excite.
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If you reward candor, you'll get it.
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Again, your challenge is not just to improve. It is to break the service paradigm in your industry or market so that customers aren't just satisfied, they're so shocked that they tell strangers on the street how good you are.
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...I think that ideally that is how a company works. It becomes a place of ideas, not a place of position.
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When employees underperform, a leader tells them so.
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Every employee, not just the senior people, should know how a company is doing.
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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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Strategy is simply resource allocation. When you strip away all the noise, that's what it comes down to. Strategy means making clear cut choices about how to compete. You cannot be everything to everybody, no matter what the size of your business or how deep its pockets.
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If you don't deliver, you don't earn the flexibility.
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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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I believe that in any initiative, you can't have a flavor of the month. When you believe something is profound in a company, you can not be a logical leader. You have to go to the lunatic fringe. There is no way that logic is what you need to change people.
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In difficult times your best must be hugged, loved, kissed, rewarded, paid - everything. And your worst must be the people that leave, because your best are going to take you to the next game.
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You have no right to be a leader if someone who works for you doesn't know where they stand.
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In real life, strategy is actually very straightforward. You pick a general direction and implement like hell.
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We know where most of the creativity, the innovation, the stuff that drives productivity lies-in the minds of those closest to the work. It's been there in front of our noses all along while we've been running around chasing robots and reading books on how to become Japanese-or at least manage like them.
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