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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

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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.
Home
Hangings
Take
Spend
Time
Crazy
People
Went
Public
Company
Family
Culture

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Don't lose youself on the way to the top.
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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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When it comes to strategy, ponder less and do more.
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Leading a big company means never allowing a company to take itself too seriously.
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When I stop learning something new and start talking about the past versus the future, I will go.
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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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It's the internet like the flu - it just spreads like crazy.
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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.
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In the future, those who are not coaches will not be promoted.
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The secret of success is changing the way you think.
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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.
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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.
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In difficult times your best must be hugged, loved, kissed, rewarded, paid - everything. And your worst must be the people that leave, because your best are going to take you to the next game.
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One of the ways we'll know that Work-Out has been successful is that my style of leadership will no longer be tolerated in this company.
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On the face of it, shareholder value is the dumbest idea in the world.
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Trust happens when leaders are transparent.
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In order to lead a country or a company, you've got to get everybody on the same page and you've got to be able to have a vision of where you're going. America can't have a vision of health care for everybody, green economy, regulations - can't have a bunch of piece - meal activities. It's got to have a vision.
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I've learned that mistakes can often be as good a teacher as success.
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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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