Jack Welch advice business quotes

Put values first. Don't focus too much on the numbers. Focus more on the softer values of building a team, sharing ideas, exciting others.

Jack Welch

GE

  

 

 

GE Values Guide

 
 

GE Leaders... Always with Unyielding Integrity:

Have a Passion for Excellence and Hate Bureaucracy

Are Open to Ideas from Anywhere... and Committed to Work-Out

Live Quality... and Drive Cost and Speed for Competitive Advantage

Have the Self-Confidence to Involve Everyone and Behave in a Boundaryless Fashion

Create a Clear, Simple, Reality-Based Vision... and Communicate It to All Constituencies

Have Enormous Energy and the Ability to Energize Others

Stretch... Set Aggressive Goals... Reward Progress... Yet Understand Accountability and Commitment

See Change as Opportunity... Not Threat

Have Global Brains... and Build Diverse and Global Teams

 

 

 

 

 

 

Values-based Leadership

Jack Welch, the legendary former CEO of GE, believed that the only way to lead is to talk about company's values, not numbers.

Welch said, "Numbers aren't the vision; numbers are products. We always say that if you had three measurements to live by, they'd be employee satisfaction, customer satisfaction, and cash flow. If you've got cash in the till at the end, the rest is all going to work, because if you've got high customer satisfaction, you're going to get a share. If you've got high employee satisfaction, you're going to get productivity. And if you've got cash, you know it's all working."... More

 

 

 

Nowhere GE shared values take on greater importance than on a small, wallet-size card that GE employees now carry with them. GE's values are so important to the company, that Jack Welch had them inscribed and distributed to all GE employees, at every level of the company.

But before the cards were furnished to the staff, GE had come to consensus on which core values it wanted to cultivate in its employees. Many hours were spent at GE's Leadership Institute and elsewhere deciding on exactly what those values should be. It became a badge of honor not only to carry the card but also to uphold the values.

As Jack Welch notes: "There isn't a human being in GE that wouldn't have the Values Guide with them. In their wallet, in their purse. It means everything and we live it. And we remove people who don't have those values, even when they post great results."... More