A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.
Jack WelchAs leaders, we owe it to every employee to let them know where they stand in the organization.
Jack WelchIf 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 WelchThe value decade is upon us. If you can't sell a top-quality product at the world's lowest price, you're going to be out of the game.
Jack WelchSome think that it is cruel or brutal to remove the bottom 10 percent of our people. It isn't. It's just the opposite. What I think is brutal and "false kindness" is keeping people around who aren't going to grow and prosper. There's no cruelty like waiting and telling people late into their careers that they don't belong - just when the options are limited and they're putting their children through college or paying off big mortgages.
Jack Welch