Jack Welch
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
Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products.
With leadership the question at the beginning of the day is, 'how far can we take this...how big can we grow it...and how fast can we get there?'
Be candid with everyone.
If you reward candor, you'll get it.
In any bad situation you can not let yourself be a victim.
One of the things about leadership is that you cannot be a moderate, balanced, thoughtful, careful articulator of policy. You've got to be on the lunatic fringe.
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.
Don't manage - lead change before you have to.