Jack Welch’s best seller Winning gives the renowned GE CEO’s view on what business leadership is all about. As excerpted from the book and from a subsequent article in Business Week (www.businessweek.com), I give a summary of the business leadership advice that Jack Welch offers in Winning.
-
Leaders are always upgrading their team, using every opportunity possible to evaluate, coach and build self confidence
- Continue to inject self-confidence into those who have earned it
- Praise often, the more specific the better
-
Build the team with the 4-E and 1-P framework
- Energy that is positive
- Ability to energize others
- Edge (courage for tough decisions)
- Execute (ability to get the job done)
- Passion (juice for life in their veins)
- Energy that is positive
- Continue to inject self-confidence into those who have earned it
-
Leaders make sure people not only see the vision, they live and breathe it
- “There were times I talked about the company’s direction so much that I was completely sick of hearing it myself”
- “There were times I talked about the company’s direction so much that I was completely sick of hearing it myself”
-
Leaders get under everyone’s skin with optimism and positive energy
- A happy tribe increase your chance of winning significantly
- A happy tribe increase your chance of winning significantly
-
Leaders establish trust with candor, transparency, and credit
-
The dirty little secret in business is lack of candor; no one is being really honest with one another, blocking
- Good ideas
- Quick action
- Your good people contributing all that they have
- Good ideas
- Leaders accept the blame and always share the credit
-
- Leaders have the courage to make unpopular decisions and tough calls
-
Leaders are always asking why?
- They have a deep desire to make sure their questions are answered with action
- “We will look into it” means nothing to a good leader
- They have a deep desire to make sure their questions are answered with action
- Leaders inspire risk taking and learning by setting the example
-
Leaders celebrate
- Celebrating make people feel like winners
- It is fun
- Celebrating make people feel like winners