Tuesday, February 1, 2022

It's All About The Values!



Nurture the employees who live  up  to  company values, even if they don’t make their numbers. Consider reassigning them if their numbers continue to falter.

Eliminate employees who do not  live  the  company values, even if their numbers are good!

Difficult, yes, but absolutely necessary.

- Jack Welch

 


Thursday, January 13, 2022

Always Get The Best People!



The biggest advice I give people is you cannot succeed alone. You’ve got to be very comfortable with the brightest human beings alive on your team. And if you do that, you get the world by the tail ...

Always get the best people. If you don’t, you’re shortchanging yourself.

- Jack Welch



 

Sunday, December 26, 2021

Today's CEO!



20 years ago, being named CEO of a company was the culmination of a career. But today's CEO must think of stepping into the top job as only the beginning of the real battles:

No one can come to work and sit, no one can go off and think of just policy, no one can do any of these things. You’ve got to be live action all day. And you’ve got to be able to energize others .... You’ve got to be on the lunatic fringe.

- Jack Welch


Thursday, December 9, 2021

High Performers vs. Low Performers!

Too many of you work too hard to make low-performance employees [into] average-performance. It is a wheel-spinning exercise.

Push low-performers on to average-performance companies or low-performance companies, and they’ll do just fine...  

Take care of your high-performance employees. Reward them. Promote them. Pay them well. Give them a lot of perks and don’t spend all that time trying work plans to get low-performers to be average-performers. Move them on out early. It’s a contribution.


* Derived from the book "29 Leadership Secrets From Jack Welch", 

  by Robert Slater

Wednesday, November 3, 2021

How To Succeed As A CEO?



Surround yourself with category A's — that is, the best possible people.

The biggest advice to be given is that you cannot do all these jobs alone. You’ve got to be very comfortable with the brightest human beings possible on your team. And if you do that, you get on top of the world. 

Always get the best people. If you don’t; you’re short-changing yourself.


Tuesday, October 26, 2021

The Essential Traits of an Effective Manager!


A. Delivers on commitments—financial or otherwise—and shares the organization's values?

“His or her future is an easy call; onward and upward.”

B. Does not meet commitments and does not share the organization's values?

“Not as pleasant a call, but equally easy; out.”

C. Misses commitments but shares the values?

“He or she usually gets a second chance, preferably in a different environment.”

D. Delivers on commitments but does not subscribe to the organization's values? 

What happens to managers who deliver the numbers but do not live the organization's values?

"They get fired."


"Questions answered by Jack Welch"


* Derived from the book "29 Leadership Secrets From Jack Welch", 

  by Robert Slater

 


Monday, October 18, 2021

Rules for Long Term Business Success!


·   Create values that are consistent with the  company vision. Values should reflect the vision, culture, and goals of the organization.

· Make sure there is room to maneuver.  Core  values should be constant, but the strategies may need to change with the competitive environment.

· Set out a general framework for your team. Do not try to set a detailed game plan for every situation.

 * Derived from the book "29 Leadership Secrets From Jack Welch", 

   by Robert Slater

Tuesday, October 5, 2021

Businesses...


§  Are passionately focused on driving customer success

§  Live Six Sigma quality, ensure that the customer is always its first beneficiary, and use it to accelerate growth

§  Insist on excellence and are intolerant of bureaucracy

§  Act in a boundaryless fashion; always search for and apply the best ideas regardless of their source

§  Prize global intellectual capital and the people that provide it; build diverse teams to maximize it

§  See change for the growth opportunities it brings, e.g., e-business

§  Create a clear, simple, customer-centered vision, and continually renew and refresh its execution

§  Create a clear, simple, customer-centered vision, and continually renew and refresh its execution

§  Create an environment of “stretch,” excitement, informality, and trust; reward improvements and celebrate results

§  Demonstrate, always with infectious enthusiasm for the customer, the 4 E's of their leadership; the personal Energy to welcome and deal with the speed of change, the ability to create an atmosphere that Energizes others, the Edge to make difficult decisions, and the ability to consistently Execute.

 * Derived from the book "29 Leadership Secrets From Jack Welch", 

   by Robert Slater

 

 


Wednesday, September 29, 2021

How To Create A Strong Management Framework!


- Create a clear, simple, reality-based, customer-focused vision and be able to communicate it in a straightforward way to all constituencies.

- Understand accountability and commitment and be decisive; set and meet aggressive targets; always with unyielding integrity.

- Have a passion for excellence; hate bureaucracy and all the nonsense that comes with it.

- Have the self confidence to empower others and behave in a boundaryless fashion; believe in and be committed to Work-Out as a means of empowerment; be open to ideas from anywhere.

- Have, or have the capacity to develop, global brains and global sensitivity, and be comfortable building diverse global teams. Stimulate and relish change; do not be frightened or paralyzed by it. See change as opportunity, not just a threat.

- Have enormous energy and the ability to energize and invigorate others. Understand speed as a competitive advantage.


* Derived from the book "29 Leadership Secrets From Jack Welch", 

   by Robert Slater

 


Wednesday, September 22, 2021

Business Strategies Are Not Etched In Stone!


Business strategies are not to be etched in stone! But instead should evolve over time. 

It is important to set broad business objectives that are consistent with your company's values and to apply those values as situations arose.




Tuesday, September 7, 2021

Have Few Clear General Goals!


Instead of directing your business on the basis of a specific step-by-step strategic plan, you'd better set out only a few clear, general goals. This would permit your employees to make the most of opportunities that come their way.


Thursday, August 26, 2021

What Companies Ought to Provide!



What companies and business leaders must do is to provide an atmosphere, a climate, a chance, a meritocracy, where people can have the resources to grow, the educational tools are available, they can expand their horizons, their vision of life. That’s what companies ought to provide.

Sunday, August 22, 2021

Managers Should Exercise Managing Less!

 


“Managing Less” means that his managers have more time to think big thoughts and be more creative.

They gain time to look beyond their own fiefdoms and think about how they might help grow the business.


Monday, August 16, 2021

Show Respect and Instill Confidence in Your Employees!


Behind this prescription lies a key idea: Your employees deserve respect. Youve hired the best people and trained them well, right?

So treat them with respect. Show them you understand that they are doing something important for the company. Build their confidence—in you, in the company, and in themselves. And then get out of their way.


Tuesday, July 27, 2021

Managers Should Manage Less!

 

Managers should do less monitoring and less supervising and to give their employees more latitude.

There should be far more decision making at the lower levels of any organization.

Managers shouldn't interfere with their employees at every turn. Instead, managers should concentrate on creating a vision for their employees and should make sure that the vision is always on the mark and is being acted upon.

Managers should stop getting in people's way. Stop looking over their shoulders. Stop bogging them down in bureaucracy.

Managers should give their employees more freedom.

Let them perform.

Sunday, July 4, 2021

Leadership Vision!


 

Leaders —and you take anyone from the  middle ages till our modern day— inspire people with clear visions of how things can be done better.

Some managers, on the other hand, muddle things with pointless complexity and detail!

They equate [managing] with sophistication, with sounding smarter than anyone else. They inspire no one!


Wednesday, June 23, 2021

5 Key Questions Every Manager Must Ask!


 

To get the critical information, a manager must ask five key questions:

1. What does your competitive environment look like?

2. In the last 3 years, what have your competitors done?

3. In the same period, what have you done to them?

4. How might they attack you in the future?

5. What are your plans to leapfrog them?

 

- Jack Welch on the Importance of Critical Information


Wednesday, June 16, 2021

The Importance of Information Availability


I operate on a very simple belief about business. If there are six of us in a room and we all get the same facts, in most cases the six of us will reach roughly the same conclusion.

The problem is, we don’t get the same information. We each get different pieces. Business isn’t complicated. The complications arise when people are cut off from information they need.

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

- Jack Welch on the importance of proper availability of correct information within business contexts.

 

 


Thursday, June 10, 2021

Macro Management


Manage Less

Teach your managers to manage less, even though their training may be to manage more. 

 

Instill Confidence

Treat employees with respect and build their confidence. 

 

Get Out Of The Way

Employees do not need constant supervision. You already did a lot of effort in hiring the best possible employees, and trained them to the best of your ability. Let them do their jobs. You will be surprised at the results. 

 

Emphasize Vision, Not Supervision

Managing less lets managers think big thoughts and come up with new ideas to benefit the business. 

 

- Jack Welch on Macro Management


Monday, June 7, 2021

Jack Welch on the benefits of Lean Organizations!



As we became leaner, we found ourselves communicating better, with fewer interpreters and fewer filters.

We found that with fewer layers we had wider spans of management.

We weren’t managing better. We were managing less, and that was better.

- Jack Welch on the benefits of Lean Organizations


Wednesday, June 2, 2021

Jack Welch Rules On Business Reality!

 

·       Face Reality. Business leaders who avoid reality are doomed to failure.

·       Act on Reality Quickly! Those who truly face reality can’t stop there. They must adapt their business strategies to reflect that reality, and they must do so quickly.

·       Turn Your Business Around. Stick your head in the sand, says Welch, and you will fail. Face reality, and you may turn a bad situation into a great one.

Thursday, May 27, 2021

Successful People See The World As It Is!

 

It may sound simple, but getting any organization or group of people to see the world the way it is and not the way they wish it were or hope it will be is not as easy as it sounds.

We have to permeate every mind in the organization with an attitude, with an atmosphere that allows people—in fact, encourages people—to see things as they are, to deal with the way it is now, not the way they wish it would be.


Monday, May 24, 2021

Reality-Based Leadership

 



The art of leading comes down to one thing; facing reality, and then acting decisively and quickly on that reality.

- Jack Welch

It may sound simple, but getting any organization or group of people to see the world the way it is and not the way they wish it were or hope it will be is not as easy as it sounds.

We have to permeate every mind in the company with an attitude, with an atmosphere that allows people—in fact, encourages people—to see things as they are, to deal with the way it is now, not the way they wish it would be.

 

Tuesday, May 18, 2021

Be Flexible Towards Change!


 

Managers and employees need to be prepared to reexamine their agenda and to make changes when necessary.

Be ready to rewrite your agenda.

- Jack Welch on Change


Sunday, May 16, 2021

How Should We See Change?



Let your employees know that change never ends. 

Teach your colleagues to see change as an opportunity; a challenge that can be met through hard work and smarts.

- Jack Welch on Change



 


Saturday, May 15, 2021

Post-Covid19 Change!



Accept change.

Business leaders who treat change like the enemy will fail at their jobs.

Change is the one constant, and successful business leaders must be able to read the ever-changing business environment.

- Jack Welch on Change


Sunday, March 21, 2021

How Should Quality Be?

“We want to be more than that. We want to change the competitive landscape by being not just better than our competitors, but by taking quality to a whole new level."

"We want to make our quality so special, so valuable to our customers, so important to their success, that our products become their only real value choice.”

- Jack Welch on Quality



Thursday, March 11, 2021

Start your work day as if it was your first on the job

Always start your work day as if it was your first day on the job.

In other words…

1- Always think fresh thoughts.

2- Make it a habit to think about your business. Don’t rest on your laurels.  

3- Make whatever changes are necessary to improve things.

4- Re- examine your agenda, and rewrite what needs to be rewritten.


Wednesday, March 10, 2021

What should Covid-19 mean for business enterprises?

1-      New products

2-      A different business environment every day

3-  A company within which every employee has to embrace change.

Monday, March 8, 2021

Change has already happened!

The global business environment is going to change, and change drastically, and we'd better to get a plan, a program together, to deal with the coming decade which will be totally different.

Sunday, March 7, 2021

Sunday, February 28, 2021

Change almost never works like that!

 


Change is easy, right? The boss makes a decision, and employees implement it—right?

If you’re in business, you know that change almost never works like that. In fact, it can be the most difficult thing in the world.

- Rober Slater in his book "29 Leadership Secrets from Jack Welch" 

 


Tuesday, February 23, 2021

The Cost of Conflict!

 



Unmanaged employee conflict is perhaps the largest intangible cost in organizations today,­ and probably the least recognized!

It maybe a new way where companies can reduce cost rather than the standard practice of downsizing their operation.

It is estimated that over 65% of performance problems result from strained relationships between employees ­and not due to lack of individual skill or experience!

 

- “A Survey of Managerial Interests with Respect to Conflict” by Kenneth W. Thomas and W. H. Schmidt.

 

 


Monday, February 22, 2021

Yesterday's Manager vs. Tomorrow's Leader!


The mindset of yesterday’s manager—accepting compromise, keeping things tidy—bred complacency.

Tomorrow’s leaders must raise issues, debate them, and resolve them. They must rally around a vision of what a business can become.

- A Lesson from "Jack Welch"


Thursday, February 18, 2021

Successful People Are Optimistic!

  


The optimist believes that this is the best of all possible worlds. The pessimist is afraid that this might be true!

I stop at a restaurant with my friend. He complains, “Look at this cup of coffee, it’s half-empty!” I respond, “Oh, that’s too bad, they gave me one that is half-full.” We both received the same amount of coffee!

But I certainly sound like the successful one. Success isn’t limited to objective findings; one person’s poison is another’s cure. In other words, if an optimist and a pessimist both win the same prize in a lottery, only the optimist will appear to be successful!

Optimism helps you see the advantages in any given situation. Successful people with an optimistic outlook are better able to identify the silver lining in any given situation.

 

- Derived from an article titled “8 Habits of Highly Lucky People” by Neil Farber M.D, Ph.D