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The 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 Welch
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Jack Welch
Age: 84 †
Born: 1935
Born: November 19
Died: 2020
Died: March 1
Author
Businessperson
Engineer
Journalist
Manager
Writer
Peabody
Massachusetts
John Francis Welch
Jr.
John Francis Jack Welch
Jr.
Going
Price
World
Products
Value
Decade
Game
Lowest
Quality
Sell
Games
Sells
Values
Decades
Upon
Product
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If you have a reputation as a big, stiff bureaucracy, you're stuck.
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Business is a game, and as with all games, the team that puts the best people on the field and gets them playing together wins. It's that simple.
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You can't behave in a calm, rational manner. You've got to be out there on the lunatic fringe.
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Leadership is helping other people grow and succeed. it is not just about you. It's all about them.... everyone deserves a chance.... you can never let yourself be a victim.
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The world will belong to passionate, driven leaders - people who not only have enormous amounts of energy, but who can energize those whom they lead.
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The biggest opportunity for big companies has come by far in the digitization of internal processes.
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The most important quality of leadership is intellectual honesty. The reality principle - the ability to see the world as it really is, not as you wish it were.
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Take the middle 70 percent and tell them what they need to do to get into the top 20 percent.
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We have the brand, and we have the fulfillment capability. Now we had to get the Net, and that's the easiest part of the game.
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Just because you are the boss doesn't mean you are the source of all knowledge.
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If work is just going in every day and getting a check, it's an ugly life. When you can make work a meaningful purpose, you've hit the jackpot for people.
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Take lack of candor. ... I'm not talking about boldface lying, but a tendency to withhold information. That behavior is far more common, and it frustrates teams and bosses to no end.
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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.
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You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand.
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People always overestimate how complex business is. This isn't rocket science. We've chosen one of the world's simplest professions.
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