Type 4 is the toughest call of all:
All you have to do is tap into that well. Getting great talent, giving them all the support in the world, and letting them run is the whole management philosophy of GE. My main job was developing talent. I was a gardener providing water and other nourishment to our top people.
Of course, I had to pull out some weeds, too. An organization's ability to learnand translate that learning into action rapidlyis the ultimate competitive advantage.
I've learned that mistakes can often be as good a teacher as success. Leading a big company means never allowing a company to take itself too seriously. An overburdened, overstretched executive is the best executive, because he or she doesn't have the time to meddle, to deal in trivia, to bother people.
Change before you have to. Giving people self-confidence is by far the most important thing that I can do. Because then they will act. You can't believe how hard it is for people to be simplehow much they fear being simple Clear tough-minded people are the most simple.
Leading a big company Everything we do is aimed at either getting a customer or keeping a customer. 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.
It's [the internet] like the flu — it just spreads like crazy. I was afraid of the internet The Internet is the Viagra of big business.
If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century. 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.
Strong managers who make tough decisions to cut jobs provide the only true job security in today's world. Weak managers are the problem.
Weak managers destroy jobs.
The world will not belong to 'managers' or those who can make the numbers dance. The world will belong to passionate, driven leaders — people who not only have enormous amounts of energy but who can energize those whom they lead.
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. Again, your challenge is not just to improve. We bring together the best ideas — turning the meetings of our top managers into intellectual orgies.
We've only been wealthy in this country for 70 years. Who said we ought to have all this? Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.Inspirational Jack Welch Quotes.
Jack Welch is a retired American company executive, chemical engineer as well as writer. He was the chairperson as well as CEO of General Electric. General Electric was long a favorite of analysts and the investment community, but with the company's fall from favor, more and more is coming to light about how it functioned.
John Francis "Jack" Welch Jr. (born November 19, ) is an American business executive, author, and chemical grupobittia.com was chairman and CEO of General Electric between and During his tenure at GE, the company's value rose 4,%.
In , Welch's net worth was estimated at $ million. When he retired from GE he received a severance payment of $ million, the largest such. Jack Welch is the Executive Chairman of the Jack Welch Management Institute, an online MBA school with more than 1, students.
Prior to this, for 20 years, he was Chairman and CEO of General Electric Company, which was named the world's most valuable corporation and was consistently voted the most admired company in the world by Fortune magazine..
Welch is active in private equity and. With a Jack Welch type leader, two Jack Welch type personalities likely cannot co-exist in the same organization, so replacement from within was possibly never a good option. Nevertheless, General. He said Welch, who turned GE into a powerhouse conglomerate over a year span, had a knack for developing talent and conducting business.
“Jack Welch, without question is one of the.