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Jack Welch

 

   

25 Lessons from Jack Welch

Cultivate Leaders

Stretch your business strategy

Stretch yourself

Keep stretching

 

25 Lessons from Jack Welch Managerial Leadership Leadership-Management Synergy Jack Welch success story and quotes Lead Manage Less Articulate Your Vision Simplify Get Less Formal Energize Others Face Reality See Change as an Opportunitiy Get Good Ideas from Everywhere Follow Up Balanced Organization: 5 Basic Elements Get Rid of Bureaucracy Eliminate Boundaries Put Values First Create Learning Culture Harness Your People for Competitive Advantage Involve Everyone Make Everybody a Team Player Stretch Instill Confidence Make Business Fun Strategies of Market Leaders Be Number 1 or Number 2 Live Quality Constantly Focus on Innovation Small Company Ten3 BUSINESS e-COACH: global success Live Speed Cultivate Leaders Great Business Leader 25 Lessons from Jack Welch, GE - Stretch!

 

Jack Welch advice business quotes

Building a leader pipeline is essential to the health of your company and it therefore is a strategic duty of the senior leader.

Jack Welch

GE

 

 

Build your approach to leadership development on four essential tasks:

Recognize the importance of leadership to your business success;

Have in place a specific process for developing leadership talent;

Define leadership attributes behaviorally, for the benefit of future leaders;

Use the leadership competencies stipulated in the Leadership Effectiveness Survey (LES) to integrate a number of management practices with the purpose of building quality of leadership.

Build self-confidence

"Your got to have the self-confidence to hire brilliant people, may times smarter than you are sometimes. You've got to feel very comfortable with that situation."

Look for team players

You need new-type managers, those "who can swallow their ego, blur their identities, and work for the good of the company."

Look for coaches

Coaching is an important part of the good leaders' role. Leaders must seek to develop high value in other leaders below them.

 

 

Jack Welch advice business quotes

Cultivate leaders who have the four E's of leadership: Energy, Energize, Edge, and Execution.

Jack Welch

GE

 

 

Help them build their cross-functional expertise

Shift talents around, particularly at the higher level.

Measure performance of the leader pipeline

Developing leader pipelines and keeping them tuned to produce leaders with the capabilities needed to succeed requires most senior leaders to develop a new mind-set, commitment, and a new repertoire of skills. Focus on metrics that show whether the leader pipeline is performing as desired. Track the number of leaders each leader has played a major role in developing. In your succession planning process, repeatedly ask the question: Who has the person developed, and how well are they doing it?

 

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Jack Welch advice business quotes

My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people.

Jack Welch

GE