Jack Welch

Executive

Our Guess:

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Assertive and outspoken – they are driven to lead. Excellent ability to understand difficult organizational problems and create solid solutions. Intelligent and well-informed, they usually excel at public speaking. They value knowledge and competence, and usually have little patience with inefficiency or disorganization.

Discussion

Biography

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.

Wikipedia

Quotes by Jack Welch

Control your own destiny or someone else will.

I was never the smartest guy in the room. From the first person I hired, I was never the smartest guy in the room. And that's a big deal. And if you're going to be a leader - if you're a leader and you're the smartest guy in the world - in the room, you've got real problems.

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.

You measure your people and you take action on those that don't measure up.

An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.

You've got to eat while you dream. You've got to deliver on short-range commitments, while you develop a long-range strategy and vision and implement it. The success of doing both. Walking and chewing gum if you will. Getting it done in the short-range, and delivering a long-range plan, and executing on that.

Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital - the world's best talents and greatest ideas.

Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.

My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too.

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

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