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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.
Works
Becomes
Position
Company
Place
Ideas
Think
Thinking
Ideally
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In manufacturing, we try to stamp out variance. With people, variance is everything.
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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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People who are coaches will be the norm. Other people won't get promoted.
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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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Change has no constituency and a perceived revolution has even less.
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The hero is the one with ideas.
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Don't make the process harder than it is.
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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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With leadership the question at the beginning of the day is, 'how far can we take this...how big can we grow it...and how fast can we get there?'
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Number one, cash is king... number two, communicate... number three, buy or bury the competition.
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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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A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.
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We know where most of the creativity, the innovation, the stuff that drives productivity lies - in the minds of those closest to the work.
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