Jack Welch’s Leadership Tips

  • Tell people to never allow themselves to become victims… They should go somewhere else if that’s the way they feel.
  • Constantly refine your gene pool … by promoting your best performers and weeding out your worst.
  • Grade on a curve … If I get 10 people, one is a star and one won’t cut it.
  • Instead of giving people specific operating goals, challenge them to give you every growth idea they’ve got.
  • You can’t just reward people with trophies. Reward them in the wallet too.[i]

[i] Hymowitz, Carol and Murray, Matt, “Raises and Praise or Out the Door,” Wall Street Journal, June 21, 1999, p. B1.

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