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
If your CFO is more important than your CHRO (Chief Human Resource Officer) you're nuts!
Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products.
The Internet is the Viagra of big business.
Don't make the process harder than it is.
Failing to differentiate among employees — and holding on to bottom-tier performers — is actually the cruelest form of management there is.
Good leaders have a generosity gene.
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?'
That's all managing is: just coming up with the right questions and getting the right answers.
Be candid with everyone.
You hang around with good people, you play a lot of golf, and you have a pretty good life. That's what success is all about. It's getting people you like, who want to take the hill with you, who want to win, who have the passion. This is not rocket science.
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.
Managers can waste a lot of time at the outset of a crisis denying that something went wrong. Skip that step.