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The team with the best players usually does win - this is why you need to invest the majority of your time and energy in developing your people.

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
Team
Winning
Invest
Energy
Developing
Doe
Players
Best
Majority
Need
Usually
Needs
Building
Time
Player

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On the face of it, shareholder value is the dumbest idea in the world.
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What is a budget review? A personal review with numbers
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If we don't create private sector jobs and just - just creating public sector jobs, we're going nowhere. This is a bad game. You've got to have innovation. You've got to have tax policies that support innovation.
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Out-innovating them is the way to beat China. And to do everything that we do in this country to support innovative policy, that drives innovation and new products and more jobs and creates jobs. You can't - you can't put a wall up around here. We tried that in the '30s. It didn't work.
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Change before you have to.
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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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I've learned that mistakes can often be as good a teacher as success.
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With leadership the question at the beginning of the day is, 'how far can we take this...how big can we grow it...and how fast can we get there?'
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Strategy is not a lengthy action plan. It is the evolution of a central idea through continually changing circumstances.
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Just because you are the boss doesn't mean you are the source of all knowledge.
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We bring together the best ideas - turning the meetings of our top managers into intellectual orgies.
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One of the things about leadership is that you cannot be a moderate, balanced, thoughtful, careful articulator of policy. You've got to be on the lunatic fringe.
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When it's time to let someone go, do it right. No surprises. No humiliation.
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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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The most important job you have is growing your people, giving them a chance to reach their dreams.
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In manufacturing, we try to stamp out variance. With people, variance is everything.
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The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
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Business success is less a function of grandiose predictions than it is a result of being able to respond rapidly to real changes as they occur.
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When I stop learning something new and start talking about the past versus the future, I will go.
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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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