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If you managed a baseball team, would you listen more closely to the team accountant or the director of player personnel?
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.
Would
Closely
Director
Baseball
Directors
Listen
Accountant
Building
Personnel
Player
Accountants
Team
Managed
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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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Leading a big company means never allowing a company to take itself too seriously.
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What is a budget review? A personal review with numbers
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HR should be every company's killer app. What could possibly be more important than who gets hired?
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Change has no constituency and a perceived revolution has even less.
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Companies don't give job security. Only satisfied customers do.
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If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them.
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Above all, good leaders are open. They go up, down, and around their organization to reach people. They don't stick to the established channels. They're informal. They're straight with people. They make a religion out of being accessible. They never get bored telling their story.
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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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We know where most of the creativity, the innovation, the stuff that drives productivity lies - in the minds of those closest to the work.
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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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When you were made a leader you weren't given a crown, you were given the responsibility to bring out the best in others.
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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.
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We have the brand, and we have the fulfillment capability. Now we had to get the Net, and that's the easiest part of the game.
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In any bad situation you can not let yourself be a victim.
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Insecure managers create complexity. Frightened, nervous managers use thick convoluted planning books and busy slides filled with everything they’ve known since childhood……. They worry that if they’re simple, people will think they’re simple minded. In reality, of course, it’s just the reverse. Clear, tough minded people are the most simple.
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If you're a leader and you're the smartest guy in the world - in the room, you've got real problems.
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Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.
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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.
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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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