Quote

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.

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.
Firsts
Cost
Matter
Levels
First
Bring
Drive
Every
Quality
Survival
Making
Competition
Three
Obvious
Persons
Service
Person
Organization

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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 we get the right people in the right job we've won the game.
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Protecting underperformers always backfires.
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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.
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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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The Internet is the Viagra of big business.
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If you don't deliver, you don't earn the flexibility.
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Number one, cash is king... number two, communicate... number three, buy or bury the competition.
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Strategy means making clear-cut choices about how to compete.
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If your CFO is more important than your CHRO (Chief Human Resource Officer) you're nuts!
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In order to lead a country or a company, you've got to get everybody on the same page and you've got to be able to have a vision of where you're going. America can't have a vision of health care for everybody, green economy, regulations - can't have a bunch of piece - meal activities. It's got to have a vision.
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Change has no constituency and a perceived revolution has even less.
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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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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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If you can't energize others, you can't be a leader.
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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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There's no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences.
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What the Commission is seeking cuts the heart out of the strategic rationale of our deal.
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If you don't have public hangings for bad culture in a company, if you don't take people out and let them say, they went home to spend more time with the family. It's crazy.
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Every employee, not just the senior people, should know how a company is doing.
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