Jack Welch
Jack Welch
John Francis "Jack" Welch, Jr.is a retired American business executive, author, and chemical engineer. He was chairman and CEO of General Electric between 1981 and 2001. During his tenure at GE, the company's value rose 4,000%. In 2006, Welch's net worth was estimated at $720 million. When he retired from GE he received a severance payment of $417 million, the largest such payment in history...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth19 November 1935
CityPeabody, MA
CountryUnited States of America
Be candid with everyone.
As leaders, we owe it to every employee to let them know where they stand in the organization.
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?'
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.
It's the internet like the flu - it just spreads like crazy.
Common mission trap for companies: trying to be all things to all people at all times.
It is better to act too quickly than it is to wait too long.
People always overestimate how complex business is. This isn't rocket science. We've chosen one of the world's simplest professions.
A good leader remains focused. Controlling your destination is better than being controlled by it
My bosses cautioned me about my candor. Now my GE career is over, and I'm telling you that it was my candor that helped make it work.
On the face of it, shareholder value is the dumbest idea in the world,
Ninety-nine point nine percent of all employees are in the pile because they don't think.
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.
Leading a big company means never allowing a company to take itself too seriously.