Jack Welch Quotes - Page 4

The hero is the one with ideas.

The team with the best players wins.

In difficult times your best must be hugged, loved, kissed, rewarded, paid - everything. And your worst must be the people that leave, because your best are going to take you to the next game.

People always overestimate how complex business is. This isn't rocket science. We've chosen one of the world's simplest professions.

Be candid with everyone.

When the amount of change externally exceeds the amount of change internally, the end is in sight.

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.

Number one, cash is king... number two, communicate... number three, buy or bury the competition.

Any company trying to compete...must figure out a way to engage the mind of every employee.

Does coaching work? Yes. Good coaches provide a truly important service. They tell you the truth when no one else will.

If we wait for the perfect answer, the world will pass us by

Arrogance is a killer, and wearing ambition on one's sleeve can have the same effect. There is a fine line between arrogance and self-confidence. Legitimate self-confidence is a winner. The true test of self-confidence is the courage to be open - to welcome change and new ideas regardless of their source. Self-confident people aren't afraid to have their views challenged. They relish the intellectual combat that enriches ideas.

You can't grow long-term if you can't eat short-term. Anybody can manage short. Anybody can manage long. Balancing those two things is what management is.

Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products.

We know where most of the creativity, the innovation, the stuff that drives productivity lies - in the minds of those closest to the work.

When employees underperform, a leader tells them so.

Getting every employee's mind into the game is a huge part of what a CEO job is all about. Taking everyone's best ideas and transferring them to others is the secret. There's nothing more important.

If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction and cash flow.

Managers often hold on to resisters because of a specific skill set or because they've been around for a long time. Don't.

You talk about seeing around corners as an element of success. That's what differentiates the good leader. Not many people have it. Not many people can predict that corner. That would be a characteristic of great leaders.

Arrogance is a killer, and wearing ambition on one's sleeve can have the same effect. There is a fine line between arrogance and self-confidence.

Real communication is an attitude, an environment. It is the most interactive of all processes. It requires countless hours of eyeball to eyeball, back and forth. It involves more listening than talking.

Management is all about managing in the short term, while developing the plans for the long term.

It is better to act too quickly than it is to wait too long.

The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard.