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Leading a big company means never allowing a company to take itself too seriously.
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.
Seriously
Leadership
Company
Bigs
Means
Take
Mean
Allowing
Never
Leading
More quotes by Jack Welch
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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Companies don't give job security. Only satisfied customers do.
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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.
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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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Managers often hold on to resisters because of a specific skill set or because they've been around for a long time. Don't.
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On the face of it, shareholder value is the dumbest idea in the world.
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Strategy means making clear-cut choices about how to compete.
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If you reward candor, you'll get it.
Jack Welch
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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HR should be every company's killer app. What could possibly be more important than who gets hired?
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Public hangings are teaching moments. Every company has to do it. A teaching moment is worth a thousand CEO speeches. CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it.
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If you don't deliver, you don't earn the flexibility.
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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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When it comes to strategy, ponder less and do more.
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Never miss out on an opportunity like a good recession.
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One of the ways we'll know that Work-Out has been successful is that my style of leadership will no longer be tolerated in this company.
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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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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.
Jack Welch
Cash is king. Get every drop of cash you can get and hold onto it.
Jack Welch
