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Simple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making.
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.
Faster
Making
Messages
Market
Reach
Clutter
Travel
Designs
Elimination
Design
Simpler
Decision
Allows
Simple
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If we get the right people in the right job we've won the game.
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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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Business is a game, and as with all games, the team that puts the best people on the field and gets them playing together wins. It's that simple.
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If you want risk taking, set an example yourself and reward and praise those that do.
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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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You measure your people and you take action on those that don't measure up.
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Some people have better ideas than others some are smarter or more experienced or more creative. But everyone should be heard and respected.
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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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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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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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In real life, strategy is actually very straightforward. You pick a general direction and implement like hell.
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The team with the best players wins.
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It's the internet like the flu - it just spreads like crazy.
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First and most obvious, bring out the three old warhorses of competition - cost, quality, and service - and drive them to new levels, making every person in the organization see them for what they are, a matter of survival.
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Face reality as it is, not as it was, or as you wish it were. Be candid with everyone. Don't manage, lead. Change before you have to. If you don't have a competitive advantage, don't compete. Control your own destiny, or someone else will.
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