If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them.
Jack WelchToo often we measure everything and understand nothing. The three most important things you need to measure in a business are customer satisfaction, employee satisfaction, and cash flow. If youโre growing customer satisfaction, your global market share is sure to grow, too. Employee satisfaction gets you productivity, quality, pride, and creativity. And cash flow is the pulseโthe key vital sign of a company.
Jack WelchIn real life, strategy is actually very straightforward. You pick a general direction and implement like hell.
Jack WelchThe last thing you want to do is be a bore. When you wake up in the morning, give yourself a good mirror test. If you look like youโre going to be a sulking, pouting bore, slap yourself in the face before you go out to the office.
Jack Welch