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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.
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.
Important
Tends
Every
Trouble
Never
Company
Time
Rather
Times
Everyone
Equalize
Wells
Differentiation
Well
Differentiate
More quotes by Jack Welch
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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If work is just going in every day and getting a check, it's an ugly life. When you can make work a meaningful purpose, you've hit the jackpot for people.
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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 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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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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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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Ninety-nine point nine percent of all employees are in the pile because they don't think.
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People aren't the same. Business is, in my opinion, all about the team that fields the best players. It's not about an idea. An idea goes away. Somebody catches up with it. It's not about a widget.
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Simple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making.
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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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Real communication is an attitude, an environment. It is the most interactive of all processes. It requires countless hours of eyeball to eyeball, back and forth. It involves more listening than talking.
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Every employee, not just the senior people, should know how a company is doing.
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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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We know where most of the creativity, the innovation, the stuff that drives productivity lies - in the minds of those closest to the work.
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I believe social responsibility begins with a strong, competitive company. Only a healthy enterprise can improve and enrich the lives of people and their communities.
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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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In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States.
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Real change agents comprise less than 10% of all business people.
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Leadership is helping other people grow and succeed. it is not just about you. It's all about them.... everyone deserves a chance.... you can never let yourself be a victim.
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The secret of success is changing the way you think.
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