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If you get the best people on your team, you've got plenty of time to do the things you like to do and can add more value to.

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.
Plenty
People
Value
Team
Values
Best
Things
Time
Add
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On the face of it, shareholder value is the dumbest idea in the world.
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If you don't deliver, you don't earn the flexibility.
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It's the internet like the flu - it just spreads like crazy.
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The most important job you have is growing your people, giving them a chance to reach their dreams.
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Number one, cash is king... number two, communicate... number three, buy or bury the competition.
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Strategy means making clear-cut choices about how to compete.
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I've learned that mistakes can often be as good a teacher as success.
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What is a budget review? A personal review with numbers
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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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If you reward candor, you'll get it.
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Real change agents comprise less than 10% of all business people.
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Strategy is simply resource allocation. When you strip away all the noise, that's what it comes down to. Strategy means making clear cut choices about how to compete. You cannot be everything to everybody, no matter what the size of your business or how deep its pockets.
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The world will belong to passionate, driven leaders - people who not only have enormous amounts of energy, but who can energize those whom they lead.
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Stretch targets energize. We have found that by reaching for what appears to be the impossible, we often actually do the impossible and even when we don't quite make it, we inevitably wind up doing much better than we would have done.
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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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Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
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If you managed a baseball team, would you listen more closely to the team accountant or the director of player personnel?
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Management is all about managing in the short term, while developing the plans for the long term.
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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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