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Strategy means making clear-cut choices about how to compete.

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.
Clear
Making
Means
Mean
Compete
Strategy
Cutting
Choices

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Protecting underperformers always backfires.
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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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When all is said and done, teaching is what I try to do for a living.
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Number one, cash is king... number two, communicate... number three, buy or bury the competition.
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Again, your challenge is not just to improve. It is to break the service paradigm in your industry or market so that customers aren't just satisfied, they're so shocked that they tell strangers on the street how good you are.
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It is better to act too quickly than it is to wait too long.
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A strategy is something like, an innovative new product globalization, taking your products around the world be the low-cost producer. A strategy is something you can touch you can motivate people with be number one and number two in every business. You can energize people around the message.
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The world will belong to passionate, driven leaders - people who not only have enormous amounts of energy, but who can energize those whom they lead.
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If you can't energize others, you can't be a leader.
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Face reality as it is, not as it was or as you wish it to be.
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You measure your people and you take action on those that don't measure up.
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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 most important job you have is growing your people, giving them a chance to reach their dreams.
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No one is doing something in your business - getting a sale, having a key customer, working on an R&D project - doing anything that's more important than something you say is going to change the company.
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Nothing of any importance has ever been accomplished by a pessimist.
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All of management is about self-confidence
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If your CFO is more important than your CHRO (Chief Human Resource Officer) you're nuts!
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Cash is king. Get every drop of cash you can get and hold onto it.
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If you have a reputation as a big, stiff bureaucracy, you're stuck.
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For a large corporation to be effective, it must be simple. For an organization to be simple, its people must have self-confidence and intellectual self-assurance. Insecure managers create complexity, real leaders do not clutter.
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