John Francis “Jack” Welch, Jr. is an American retired 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%.
Born: 19 November 1935 , United States
I’ve learned that mistakes can often be as good a teacher as success.
Control your own destiny or someone else will.
Face reality as it is, not as it was or as you wish it to be.
Be candid with everyone.
Face reality as it is, not as it was or as you wish it to be.
Change before you have to.
Don’t make the process harder than it is.
Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
If you don’t have a competitive advantage, don’t compete.
You measure your people and you take action on those that don’t measure up.
Management is all about managing in the short term, while developing the plans for the long term.
Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.
If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don’t have to manage them.
The most important job you have is growing your people, giving them a chance to reach their dreams.
An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
The essence of competitiveness is liberated when we make people believe that what they think and do is important – and then get out of their way while they do it.
There are only two sources of competitive advantage: the ability to learn more about our customers faster than the competition and the ability to turn that learning into action faster than the competition.
I was never the smartest guy in the room. From the first person I hired, I was never the smartest guy in the room. And that’s a big deal. And if you’re going to be a leader – if you’re a leader and you’re the smartest guy in the world – in the room, you’ve got real problems.
My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too.
There’s no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences.
Any company trying to compete…must figure out a way to engage the mind of every employee.
You measure your people and you take action on those that don’t measure up.
Don’t manage – lead change before you have to.
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.
If work is just going in every day and getting a check, it’s an ugly life. When you can make work a meaningful purpose, you’ve hit the jackpot for people.
Leadership is helping other people grow and succeed. it is not just about you. It’s all about them…. everyone deserves a chance…. you can never let yourself be a victim.
The best thing workers can bring to their jobs is a lifelong thirst for learning.
As a leader, your job is to energize people around the mission and vision you’ve articulated.
