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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.
Position
Company
Place
Ideas
Think
Thinking
Ideally
Works
Becomes
More quotes by Jack Welch
The team with the best players wins.
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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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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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You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand.
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Hierarchy is an organization with its face toward the CEO and its ass toward the customer.
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Don't lose youself on the way to the top.
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The best thing workers can bring to their jobs is a lifelong thirst for learning.
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First and most obvious, bring out the three old warhorses of competition - cost, quality, and service - and drive them to new levels, making every person in the organization see them for what they are, a matter of survival.
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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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The main social responsibility for a company is to win.
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One of the things about leadership is that you cannot be a moderate, balanced, thoughtful, careful articulator of policy. You've got to be on the lunatic fringe.
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It is better to act too quickly than it is to wait too long.
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People aren't the same. Business is, in my opinion, all about the team that fields the best players. It's not about an idea. An idea goes away. Somebody catches up with it. It's not about a widget.
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The biggest opportunity for big companies has come by far in the digitization of internal processes.
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When employees underperform, a leader tells them so.
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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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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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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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We know where most of the creativity, the innovation, the stuff that drives productivity lies-in the minds of those closest to the work. It's been there in front of our noses all along while we've been running around chasing robots and reading books on how to become Japanese-or at least manage like them.
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No one can guarantee you a job other than satisfied customers. That's the only thing that works. Nothing creates work other than products and services you provide that create satisfied customers.
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