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People always overestimate how complex business is. This isn't rocket science. We've chosen one of the world's simplest professions.
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.
People
Complexes
Complex
Chosen
Profession
Overestimate
Business
Professions
Science
Rocket
Always
Rockets
World
Simplest
More quotes by Jack Welch
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.
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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You measure your people and you take action on those that don't measure up.
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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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If you're a leader and you're the smartest guy in the world - in the room, you've got real problems.
Jack Welch
I wanted to change the rules of engagement, asking for more- from fewer. I was insisting that we had to have only the best people...If you wanted excellence, at a minimum, the ambience had to reflect excellence.
Jack Welch
Failing to differentiate among employees — and holding on to bottom-tier performers — is actually the cruelest form of management there is.
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I believe that in any initiative, you can't have a flavor of the month. When you believe something is profound in a company, you can not be a logical leader. You have to go to the lunatic fringe. There is no way that logic is what you need to change people.
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Change has no constituency and a perceived revolution has even less.
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In every company, differentiation is never more important than it is in times of trouble, and that's the time when everyone tends to go to the well and equalize rather than differentiate.
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We've only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained?
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Never miss out on an opportunity like a good recession.
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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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A good leader remains focused. Controlling your destination is better than being controlled by it
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Cash is king. Get every drop of cash you can get and hold onto it.
Jack Welch
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.
Jack Welch
Give me a highly successful unionized industry.
Jack Welch
Take time to get to know people. Understand where they are coming from, what is important to them. Make sure they are with you.
Jack Welch
The secret of success is changing the way you think.
Jack Welch
