Quote

What Sam Walton did was to go into one of the most mature industries of all and find a way to make it grow, grow, grow, double-digit, month after month, year after year. He did it by innovation, customer focus, and above all, speed.

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.
Grows
Mature
Year
Customers
Find
Innovation
Walton
Years
Speed
Digit
Way
Months
Industries
Make
Industry
Customer
Grow
Double
Focus
Month

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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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The team with the best players usually does win - this is why you need to invest the majority of your time and energy in developing your people.
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They were making a deal for a property that clearly was a property that we wanted to own, so we had to act, and act as quickly as we could, and make the offer more attractive.
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The main social responsibility for a company is to win.
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Wright is a visionary with a great strategic mind, and he's a strong business leader with outstanding people skills, ... He's a terrific guy and will be a key force in guiding the company's future growth.
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Be candid with everyone.
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The secret of success is changing the way you think.
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When it's time to let someone go, do it right. No surprises. No humiliation.
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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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Just because you are the boss doesn't mean you are the source of all knowledge.
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Don't make the process harder than it is.
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Take lack of candor. ... I'm not talking about boldface lying, but a tendency to withhold information. That behavior is far more common, and it frustrates teams and bosses to no end.
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You are not a leader to win a popularity contest-you are a leader to lead.
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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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You have no right to be a leader if someone who works for you doesn't know where they stand.
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Simple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making.
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Give me a highly successful unionized industry.
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If you don't deliver, you don't earn the flexibility.
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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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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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