The idea of let's all share the pain equally, or let's freeze salaries altogether - it's ass-backwards. It's absolutely ass-backwards.
Jack WelchThe story about GE that hasn't been told is the value of an informal place. I think it's a big thought. I don't think people have ever figured out that being informal is a big deal.
Jack WelchInsecure managers create complexity. Frightened, nervous managers use thick convoluted planning books and busy slides filled with everything theyโve known since childhoodโฆโฆ. They worry that if theyโre simple, people will think theyโre simple minded. In reality, of course, itโs just the reverse. Clear, tough minded people are the most simple.
Jack WelchThere's no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences.
Jack Welch