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Failing to differentiate among employees — and holding on to bottom-tier performers — is actually the cruelest form of management there is.
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.
Holding
Management
Bottom
Tier
Failing
Cruelest
Among
Differentiate
Actually
Employees
Form
Performers
Employee
More quotes by Jack Welch
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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Change before you have to.
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A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.
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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. It's been there in front of our noses all along while we've been running around chasing robots and reading books on how to become Japanese-or at least manage like them.
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Excellence and competitiveness aren't incompatible with honesty and integrity.
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Face reality as it is, not as it was or as you wish it to be.
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The team with the best players wins.
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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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You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand.
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Hierarchy is an organization with its face toward the CEO and its ass toward the customer.
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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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The best thing workers can bring to their jobs is a lifelong thirst for learning.
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Wright is a visionary with a great strategic mind, and he's a strong business leader with outstanding people skills, ... He's a terrific guy and will be a key force in guiding the company's future growth.
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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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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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All of management is about self-confidence
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You talk about seeing around corners as an element of success. That's what differentiates the good leader. Not many people have it. Not many people can predict that corner. That would be a characteristic of great leaders.
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Take the middle 70 percent and tell them what they need to do to get into the top 20 percent.
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Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
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Stretch targets energize. We have found that by reaching for what appears to be the impossible, we often actually do the impossible and even when we don't quite make it, we inevitably wind up doing much better than we would have done.
Jack Welch
