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...I think that ideally that is how a company works. It becomes a place of ideas, not a place of position.
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.
Thinking
Ideally
Works
Becomes
Position
Company
Place
Ideas
Think
More quotes by Jack Welch
We bring together the best ideas - turning the meetings of our top managers into intellectual orgies.
Jack Welch
The most important job you have is growing your people, giving them a chance to reach their dreams.
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Managers can waste a lot of time at the outset of a crisis denying that something went wrong. Skip that step.
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The best way to support dreams and stretch is to set apart small ideas with big potential, then give people positive role models and the resources to turn small projects into big businesses.
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Again, your challenge is not just to improve. It is to break the service paradigm in your industry or market so that customers aren't just satisfied, they're so shocked that they tell strangers on the street how good you are.
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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.
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People who are coaches will be the norm. Other people won't get promoted.
Jack Welch
People always overestimate how complex business is. This isn't rocket science. We've chosen one of the world's simplest professions.
Jack Welch
When you were made a leader you weren't given a crown, you were given the responsibility to bring out the best in others.
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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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Cash is king. Get every drop of cash you can get and hold onto it.
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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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Some people have better ideas than others some are smarter or more experienced or more creative. But everyone should be heard and respected.
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Business is a game, and as with all games, the team that puts the best people on the field and gets them playing together wins. It's that simple.
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I was afraid of the internet... because I couldn't type.
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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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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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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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Nothing of any importance has ever been accomplished by a pessimist.
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Take the middle 70 percent and tell them what they need to do to get into the top 20 percent.
Jack Welch
