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Every employee, not just the senior people, should know how a company is doing.

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.
Team
Company
Every
People
Senior
Employee
Building

More quotes by Jack Welch

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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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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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There is no straight line to a dream.
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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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As a leader, you have no right to have any employee wonder how they fit in and where they are going.
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Keep learning don't be arrogant by assuming that you know it all, that you have a monopoly on the truth always assume that you can learn something from someone else.
Jack Welch
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People aren't the same. Business is, in my opinion, all about the team that fields the best players. It's not about an idea. An idea goes away. Somebody catches up with it. It's not about a widget.
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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.
Jack Welch
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On the face of it, shareholder value is the dumbest idea in the world.
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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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Give me a highly successful unionized industry.
Jack Welch
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The hero is the one with ideas.
Jack Welch
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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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Leading a big company means never allowing a company to take itself too seriously.
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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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Cash is king. Get every drop of cash you can get and hold onto it.
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I wanted to change the rules of engagement, asking for more- from fewer. I was insisting that we had to have only the best people...If you wanted excellence, at a minimum, the ambience had to reflect excellence.
Jack Welch
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If you get the best people on your team, you've got plenty of time to do the things you like to do and can add more value to.
Jack Welch
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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.
Jack Welch
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Take the middle 70 percent and tell them what they need to do to get into the top 20 percent.
Jack Welch