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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.
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.
Even
Wind
Much
Quite
Energize
Make
Impossible
Targets
Would
Actually
Stretch
Often
Inevitably
Found
Target
Better
Appears
Done
Reaching
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In any bad situation you can not let yourself be a victim.
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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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If you want risk taking, set an example yourself and reward and praise those that do.
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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.
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The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard.
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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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When all is said and done, teaching is what I try to do for a living.
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Insecure managers create complexity. Frightened, nervous managers use thick convoluted planning books and busy slides filled with everything they’ve known since childhood……. They worry that if they’re simple, people will think they’re simple minded. In reality, of course, it’s just the reverse. Clear, tough minded people are the most simple.
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It's the internet like the flu - it just spreads like crazy.
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Never miss out on an opportunity like a good recession.
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If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them.
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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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We've only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained?
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Genuine leadership comes from the quality of your vision and your ability to spark others to extraordinary performance.
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Protecting underperformers always backfires.
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Companies don't give job security. Only satisfied customers do.
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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.
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Excellence and competitiveness aren't incompatible with honesty and integrity.
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No vision is worth the paper it's printed on unless it is communicated constantly and reinforced with rewards.
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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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