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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.
Someone
Right
Time
Surprises
Humiliation
Surprise
More quotes by Jack Welch
Every employee, not just the senior people, should know how a company is doing.
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Number one, cash is king... number two, communicate... number three, buy or bury the competition.
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I've learned that mistakes can often be as good a teacher as success.
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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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In difficult times your best must be hugged, loved, kissed, rewarded, paid - everything. And your worst must be the people that leave, because your best are going to take you to the next game.
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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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You have no right to be a leader if someone who works for you doesn't know where they stand.
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Business success is less a function of grandiose predictions than it is a result of being able to respond rapidly to real changes as they occur.
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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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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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People who are coaches will be the norm. Other people won't get promoted.
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Leaders relentlessly upgrade their team, using every encounter as an opportunity to evaluate, coach, and build self-confidence.
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When I stop learning something new and start talking about the past versus the future, I will go.
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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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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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One of the things about leadership is that you cannot be a moderate, balanced, thoughtful, careful articulator of policy. You've got to be on the lunatic fringe.
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Face reality as it is, not as it was or as you wish it to be.
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If you don't deliver, you don't earn the flexibility.
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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.
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