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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
More quotes by Jack Welch
Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital - the world's best talents and greatest ideas.
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Leading a big company means never allowing a company to take itself too seriously.
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Give me a highly successful unionized industry.
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Be candid with everyone.
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If you have a reputation as a big, stiff bureaucracy, you're stuck.
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Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
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There is no straight line to a dream.
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Excellence and competitiveness aren't incompatible with honesty and integrity.
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In the future, those who are not coaches will not be promoted.
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In the end, your integrity is all you've got.
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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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Above all, good leaders are open. They go up, down, and around their organization to reach people. They don't stick to the established channels. They're informal. They're straight with people. They make a religion out of being accessible. They never get bored telling their story.
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The hero is the one with ideas.
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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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In difficult times your best must be hugged, loved, kissed, rewarded, paid - everything. And your worst must be the people that leave, because your best are going to take you to the next game.
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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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Every employee, not just the senior people, should know how a company is doing.
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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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The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
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