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When it's time to let someone go, do it right. No surprises. No humiliation.
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.
Surprises
Humiliation
Surprise
Someone
Right
Time
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On the face of it, shareholder value is the dumbest idea in the world.
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Someone, somewhere has a better idea.
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Nothing of any importance has ever been accomplished by a pessimist.
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What the Commission is seeking cuts the heart out of the strategic rationale of our deal.
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I’ve learned in a hundred ways that I rarely regretted acting but often regretted NOT acting fast enough.
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The secret of success is changing the way you think.
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When all is said and done, teaching is what I try to do for a living.
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Strategy means making clear-cut choices about how to compete.
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Face reality as it is, not as it was or as you wish it to be.
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Control your destiny or somebody will.
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In real life, strategy is actually very straightforward. You pick a general direction and implement like hell.
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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. It's been there in front of our noses all along while we've been running around chasing robots and reading books on how to become Japanese-or at least manage like them.
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Every employee, not just the senior people, should know how a company is doing.
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Out-innovating them is the way to beat China. And to do everything that we do in this country to support innovative policy, that drives innovation and new products and more jobs and creates jobs. You can't - you can't put a wall up around here. We tried that in the '30s. It didn't work.
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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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I don't think environmentalists have the slightest reason to be concerned about globalization because every time you move a plant to a new place you upgrade the neighborhood. You put in global standards. You put in modern plants. And all the plants around it get improved.
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Cash is king. Get every drop of cash you can get and hold onto it.
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No vision is worth the paper it's printed on unless it is communicated constantly and reinforced with rewards.
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