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When it comes to strategy, ponder less and do more.
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.
Pondering
Strategy
Less
Comes
Ponder
More quotes by Jack Welch
The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard.
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Don't lose youself on the way to the top.
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We have built a company with a business mix and operating system that will allow us to deliver record results in any foreseeable economic climate, ... We have just completed a very successful management transition and I've never been more confident about the company's future.
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...I think that ideally that is how a company works. It becomes a place of ideas, not a place of position.
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Someone, somewhere has a better idea.
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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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Hierarchy is an organization with its face toward the CEO and its ass toward the customer.
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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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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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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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Control your own destiny or someone else will.
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The hero is the one with ideas.
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If you reward candor, you'll get it.
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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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If you want risk taking, set an example yourself and reward and praise those that do.
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People who are coaches will be the norm. Other people won't get promoted.
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Arrogance is a killer, and wearing ambition on one's sleeve can have the same effect. There is a fine line between arrogance and self-confidence.
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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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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.
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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.
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