He was Chairman and CEO of General Electric between 1981 and 2001. During his tenure at GE, the companies value rise 4000% and was the most valuable company in the world for a time.
👱👌 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.
👱👌 An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
👱👌 Be candid with everyone.
👱👌 Change before you have to.
👱👌 Control your own destiny or someone else will.
👱👌 Don’t manage – lead change before you have to.
👱👌 Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.
👱👌 Give me a highly successful unionized industry.
👱👌 Giving people self-confidence is by far the most important thing that I can do. Because then they will act.
👱👌 Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital – the world’s best talents and greatest ideas.
👱👌 Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.
👱👌 I was afraid of the internet… because I couldn’t type.
👱👌 I’ve learned that mistakes can often be as good a teacher as success.
👱👌 If you don’t have a competitive advantage, don’t compete.
👱👌 If GE’s strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.
👱👌 My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too.
👱👌 Number one, cash is king… number two, communicate… number three, buy or bury the competition.
👱👌 Strong managers who make tough decisions to cut jobs provide the only true job security in today’s world. Weak managers are the problem. Weak managers destroy jobs.
👱👌 The team with the best players wins.
👱👌 Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
💥💥💥💥💥💥💥 Thanks for watching 💥💥💥💥💥💥💥
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