Quote

The story about GE that hasn't been told is the value of an informal place. I think it's a big thought. I don't think people have ever figured out that being informal is a big deal.

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.
People
Values
Informal
Bigs
Figured
Place
Hasn
Stories
Value
Thought
Deal
Ever
Deals
Think
Told
Thinking
Story

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A strategy is something like, an innovative new product globalization, taking your products around the world be the low-cost producer. A strategy is something you can touch you can motivate people with be number one and number two in every business. You can energize people around the message.
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Getting every employee's mind into the game is a huge part of what a CEO job is all about. Taking everyone's best ideas and transferring them to others is the secret. There's nothing more important.
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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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You measure your people and you take action on those that don't measure up.
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What the Commission is seeking cuts the heart out of the strategic rationale of our deal.
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If you don't have public hangings for bad culture in a company, if you don't take people out and let them say, they went home to spend more time with the family. It's crazy.
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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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Every employee, not just the senior people, should know how a company is doing.
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We've only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained?
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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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Real communication is an attitude, an environment. It is the most interactive of all processes. It requires countless hours of eyeball to eyeball, back and forth. It involves more listening than talking.
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It's the internet like the flu - it just spreads like crazy.
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Be candid with everyone.
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Strategy means making clear-cut choices about how to compete.
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Face reality as it is, not as it was or as you wish it to be.
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