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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.
Complex
Chosen
Profession
Overestimate
Business
Professions
Science
Rocket
Always
Rockets
World
Simplest
People
Complexes
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Change has no constituency and a perceived revolution has even less.
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If you can't energize others, you can't be a leader.
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There are only two sources of competitive advantage: the ability to learn more about our customers faster than the competition and the ability to turn that learning into action faster than the competition.
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If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them.
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Real change agents comprise less than 10% of all business people.
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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.
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Companies don't give job security. Only satisfied customers do.
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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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In any bad situation you can not let yourself be a victim.
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The best thing workers can bring to their jobs is a lifelong thirst for learning.
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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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My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too.
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The team with the best players wins.
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Every leader makes mistakes, every leader stumbles and falls. The question with a senior level leader is, does she learn from her mistakes, regroup, and then get going again with renewed speed, conviction and confidence?
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Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
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