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Managers can waste a lot of time at the outset of a crisis denying that something went wrong. Skip that step.
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.
Wrong
Skip
Something
Denying
Time
Managers
Crisis
Waste
Step
Steps
Went
Outset
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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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You have no right to be a leader if someone who works for you doesn't know where they stand.
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Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.
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The story about GE that hasn't been told is the value of an informal place. I think it's a big thought. I don't think people have ever figured out that being informal is a big deal.
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Business is a game, and as with all games, the team that puts the best people on the field and gets them playing together wins. It's that simple.
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If we wait for the perfect answer, the world will pass us by
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Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
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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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The best way to support dreams and stretch is to set apart small ideas with big potential, then give people positive role models and the resources to turn small projects into big businesses.
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When all is said and done, teaching is what I try to do for a living.
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The Internet is the Viagra of big business.
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Cash is king. Get every drop of cash you can get and hold onto it.
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