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What is a budget review? A personal review with numbers
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.
Personal
Numbers
Review
Reviews
Budget
Budgets
More quotes by Jack Welch
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.
Jack Welch
Business success is less a function of grandiose predictions than it is a result of being able to respond rapidly to real changes as they occur.
Jack Welch
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.
Jack Welch
Trust happens when leaders are transparent.
Jack Welch
If we don't create private sector jobs and just - just creating public sector jobs, we're going nowhere. This is a bad game. You've got to have innovation. You've got to have tax policies that support innovation.
Jack Welch
If you don't deliver, you don't earn the flexibility.
Jack Welch
A strategy is something like, an innovative new product globalization, taking your products around the world be the low-cost producer. A strategy is something you can touch you can motivate people with be number one and number two in every business. You can energize people around the message.
Jack Welch
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.
Jack Welch
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
If your CFO is more important than your CHRO (Chief Human Resource Officer) you're nuts!
Jack Welch
Failing to differentiate among employees — and holding on to bottom-tier performers — is actually the cruelest form of management there is.
Jack Welch
Face reality as it is, not as it was or as you wish it to be.
Jack Welch
The most important quality of leadership is intellectual honesty. The reality principle - the ability to see the world as it really is, not as you wish it were.
Jack Welch
We have built a company with a business mix and operating system that will allow us to deliver record results in any foreseeable economic climate, ... We have just completed a very successful management transition and I've never been more confident about the company's future.
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.
Jack Welch
There is no straight line to a dream.
Jack Welch
If you don't have public hangings for bad culture in a company, if you don't take people out and let them say, they went home to spend more time with the family. It's crazy.
Jack Welch
Take time to get to know people. Understand where they are coming from, what is important to them. Make sure they are with you.
Jack Welch
We know where most of the creativity, the innovation, the stuff that drives productivity lies - in the minds of those closest to the work.
Jack Welch
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