Jack Welch
![Jack Welch](/assets/img/authors/jack-welch.jpg)
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
Business is a game, and as with all games, the team that puts the best people on the field and gets them playing together wins. It's that simple.
If your CFO is more important than your CHRO (Chief Human Resource Officer) you're nuts!
Celebrating creates an atmosphere of recognition and positive energy. Imagine a team winning the World Series without champagne spraying everywhere. And yet companies win all the time and let it go without so much as a high five. Work is too much a part of life not to recognize moments of achievement. Make a big deal out of them. If you don't, no one will.
No company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.
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.
Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products.
Managers often hold on to resisters because of a specific skill set or because they've been around for a long time. Don't.
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.
Protecting underperformers always backfires.
Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.
Simple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making.
HR should be every company's killer app. What could possibly be more important than who gets hired?
First and most obvious, bring out the three old warhorses of competition - cost, quality, and service - and drive them to new levels, making every person in the organization see them for what they are, a matter of survival.
If you don't have a competitive advantage, don't compete.