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

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Just because you are the boss doesn't mean you are the source of all knowledge.
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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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The value decade is upon us. If you can't sell a top-quality product at the world's lowest price, you're going to be out of the game.
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Take the middle 70 percent and tell them what they need to do to get into the top 20 percent.
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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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Getting the right people in the right jobs is a lot more important than developing a strategy.
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In the future, those who are not coaches will not be promoted.
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My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too.
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Failing to differentiate among employees — and holding on to bottom-tier performers — is actually the cruelest form of management there is.
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The main social responsibility for a company is to win.
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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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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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Real change agents comprise less than 10% of all business people.
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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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There's no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences.
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There are only two sources of competitive advantage: the ability to learn more about our customers faster than the competition and the ability to turn that learning into action faster than the competition.
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When it comes to strategy, ponder less and do more.
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In manufacturing, we try to stamp out variance. With people, variance is everything.
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Leaders relentlessly upgrade their team, using every encounter as an opportunity to evaluate, coach, and build self-confidence.
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Managers often hold on to resisters because of a specific skill set or because they've been around for a long time. Don't.
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