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
In every company, differentiation is never more important than it is in times of trouble, and that's the time when everyone tends to go to the well and equalize rather than differentiate.
Nobody is too important to lead the initiative you say is important.
No one is doing something in your business - getting a sale, having a key customer, working on an R&D project - doing anything that's more important than something you say is going to change the company.
Getting the right people in the right jobs is a lot more important than developing a strategy.
Does coaching work? Yes. Good coaches provide a truly important service. They tell you the truth when no one else will.
HR should be every company's killer app. What could possibly be more important than who gets hired?
Take time to get to know people. Understand where they are coming from, what is important to them. Make sure they are with you.
If your CFO is more important than your CHRO (Chief Human Resource Officer) you're nuts!
Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.
The 3Ss of Winning in business are speed, simplicity, and self-confidence.
The biggest cowards are managers who don't let people know where they stand.
Don't manage - lead change before you have to.
CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it.
The idea of let's all share the pain equally, or let's freeze salaries altogether - it's ass-backwards. It's absolutely ass-backwards.