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Strategy is not a lengthy action plan. It is the evolution of a central idea through continually changing circumstances.
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.
Idea
Continually
Action
Central
Ideas
Strategy
Changing
Plan
Evolution
Circumstances
Plans
Lengthy
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A leader's role is not to control people or stay on top of things, but rather to guide, energize and excite.
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They were making a deal for a property that clearly was a property that we wanted to own, so we had to act, and act as quickly as we could, and make the offer more attractive.
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Someone, somewhere has a better idea.
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On the face of it, shareholder value is the dumbest idea in the world.
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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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In the future, those who are not coaches will not be promoted.
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You can't behave in a calm, rational manner. You've got to be out there on the lunatic fringe.
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Control your destiny or somebody will.
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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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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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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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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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In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States.
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Managers can waste a lot of time at the outset of a crisis denying that something went wrong. Skip that step.
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The value decade is upon us. If you can't sell a top-quality product at the world's lowest price, you're going to be out of the game.
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Trust happens when leaders are transparent.
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Take time to get to know people. Understand where they are coming from, what is important to them. Make sure they are with you.
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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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Change has no constituency and a perceived revolution has even less.
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The best thing workers can bring to their jobs is a lifelong thirst for learning.
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