Common mission trap for companies: trying to be all things to all people at all times.
- Jack Welch
Quotees Archive
Companies win when their managers make a clear and meaningful distinction between top- and bottom-performing businesses and people, when they cultivate the strong and cull the weak. Companies suffer when every business and person is treated equally and bets are sprinkled all around like rain on the ocean.
- Jack Welch
Control your own destiny or someone else will.
- Jack Welch
Cruel and Darwinian? Try Fair and Effective.
- Jack Welch
Culture drives great results.
- Jack Welch
Determine your destiny or somebody else will.
- Jack Welch
Differentiation (rating and evaluating people) Develops Great Organizations. Differentiation is hard, anybody who finds it easy doesn’t belong in the organization, and anyone who can’t do it falls in the same category…It is important for companies to continually remove the bottom 10 percent of their employees anually.
- Jack Welch
Differentiation favors people who are energetic and extroverted and undervalues people who are shy and introverted, even if they are talented.
- Jack Welch
Don’t lose youself on the way to the top.
- Jack Welch
Don’t manage – lead change before you have to.
- Jack Welch
Don’t Walter Cronkite me!
- Jack Welch
Drucker said: ‘If you weren’t already in this business, would you enter it today? And if not, what are you going to do about it?’ … Simple, right? But incredibly powerful.
- Jack Welch
E – Edge, ability to make tough yes and no decisions
- Jack Welch
A company only has so much money. Winning leaders invest where the payback is the highest… Companies win when their managers make a clear and meaningful distinction between top- and bottom-performing businesses and people, when they cultivate the strong and cull the weak. Companies suffer when every business and person is treated equally and bets are sprinkled all around like rain on the ocean.
- Jack Welch
(Wright is) a visionary with a great strategic mind, and he’s a strong business leader with outstanding people skills, … He’s a terrific guy and will be a key force in guiding the company’s future growth.
- Jack Welch
60% of the bonus was based on financials and 40% on Six Sigma (quality) results.
- Jack Welch
A strategy is something like, an innovative new product; globalization, taking your products around the world; be the low-cost producer. A strategy is something you can touch; you can motivate people with; be number one and number two in every business. You can energize people around the message.
- Jack Welch
An organization takes its cue from the person on top. I always told our business leaders their personal intensity determined their organization’s intensity….For me intensityh covers a lot of sings. If there’s one characteristic all winners share, it’s that they care more than anyone else. No detail is too small to sweat or too large to dream. Over the years I have looked for this characteristic in the leaders we selected. It doesn’t mean loud or flamboyant. It’s something that comes from deep inside. Great organizations can ignite passion….Leaders must have courage to kick ass and break glass.
- Jack Welch
An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
- Jack Welch
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.
- Jack Welch
Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
- Jack Welch
As Google CEO Larry Page put it in his 2014 TED talk: “The main thing that has caused companies to fail, in my view, is that they missed the future.
- Jack Welch