Tag: Jack Welch
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What’s important at the grocery store is just as important in engines or medical systems. If the customer isn’t satisfied, if the stuff is getting stale, if the shelf isn’t right, or if the offerings aren’t right, it’s the same thing. You manage it like a small organization. You don’t get hung up on zeros.
Jack Welch
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You’ve got to eat while you dream. You’ve got to deliver on short-range commitments, while you develop a long-range strategy and vision and implement it. The success of doing both. Walking and chewing gum if you will. Getting it done in the short-range, and delivering a long-range plan, and executing on that.
Jack Welch
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If you don’t have a competitive advantage, don’t compete.
Jack Welch
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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.
Jack Welch
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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.
Jack Welch
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Public hangings are teaching moments. Every company has to do it. A teaching moment is worth a thousand CEO speeches. 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.
Jack Welch
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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%.
Jack Welch
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Giving people self-confidence is by far the most important thing that I can do. Because then they will act.
Jack Welch
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We’ve only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained?
Jack Welch
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Number one, cash is king… number two, communicate… number three, buy or bury the competition.
Jack Welch