Quote

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

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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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Protecting underperformers always backfires.
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Change has no constituency and a perceived revolution has even less.
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We have the brand, and we have the fulfillment capability. Now we had to get the Net, and that's the easiest part of the game.
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You are not a leader to win a popularity contest-you are a leader to lead.
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Number one, cash is king... number two, communicate... number three, buy or bury the competition.
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No one is doing something in your business - getting a sale, having a key customer, working on an R&D project - doing anything that's more important than something you say is going to change the company.
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If you have a reputation as a big, stiff bureaucracy, you're stuck.
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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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I don't think environmentalists have the slightest reason to be concerned about globalization because every time you move a plant to a new place you upgrade the neighborhood. You put in global standards. You put in modern plants. And all the plants around it get improved.
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A leader's role is not to control people or stay on top of things, but rather to guide, energize and excite.
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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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When it's time to let someone go, do it right. No surprises. No humiliation.
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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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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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If you don't deliver, you don't earn the flexibility.
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The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
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What is a budget review? A personal review with numbers
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Give me a highly successful unionized industry.
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