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Getting the right people in the right jobs is a lot more important than developing a strategy.
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.
People
Developing
Strategy
Getting
Jobs
Right
Important
More quotes by Jack Welch
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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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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Leading a big company means never allowing a company to take itself too seriously.
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Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
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I don't feel under-taxed in any way at all.
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The team with the best players usually does win - this is why you need to invest the majority of your time and energy in developing your people.
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The hero is the one with ideas.
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Companies don't give job security. Only satisfied customers do.
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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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Protecting underperformers always backfires.
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If your CFO is more important than your CHRO (Chief Human Resource Officer) you're nuts!
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Be candid with everyone.
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They were making a deal for a property that clearly was a property that we wanted to own, so we had to act, and act as quickly as we could, and make the offer more attractive.
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Face reality as it is, not as it was, or as you wish it were. Be candid with everyone. Don't manage, lead. Change before you have to. If you don't have a competitive advantage, don't compete. Control your own destiny, or someone else will.
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Just because you are the boss doesn't mean you are the source of all knowledge.
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Take lack of candor. ... I'm not talking about boldface lying, but a tendency to withhold information. That behavior is far more common, and it frustrates teams and bosses to no end.
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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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The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard.
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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
The most important job you have is growing your people, giving them a chance to reach their dreams.
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