Resume of Winning by Jack Welch
Resume of Winning by Jack Welch
Resume of Winning by Jack Welch
• Mission and values rupture due to the little crises of daily life
in business
UNDERNEATH IT ALL
CANDOR
• The biggest dirty little secret
in business
• Candor is hard to
implement and time
consuming
• To get candor, you should
reward it, praise it and talk
about it
• Candor works because it
unclutters
3 Categories of employees:
• Top 20% : Star performers; to be rewarded and
nurtured
UNDERNEATH IT ALL
• Middle 70% : Future stars & core workers; to be
trained & cultivated
• Bottom 10% : Have to let go
DIFFERENTIATION
• Differentiation helps get best people in the team
Every person in the world wants voice and dignity, and
every person deserves them UNDERNEATH IT ALL
HIRING
Ability to see
For The Top around corners
Authenticity
Mistakes to avoid:
PARTING WAYS
- No surprises
- No humiliation
- No procrastination LETTING GO IS HARD TO DO
Practices in times of Change:
- Keep clear goal YOUR COMPANY
- Hire & promote true-believers and go-
getters CHANGE
- Remove all the resistors
- Look for wrecks and exploit change
Welch’s guidelines:
- Spend plenty & put best people in
leadership roles
- Encourage it with fanfare from top
- Give them freedom to take decisions
• Needs to be handled with care
GETTING PROMOTED
YOUR CAREER
HARD SPOTS
• Compartmentalize
• Set your priorities straight
• Don’t leave yourself out of those priorities YOUR CAREER
WORK-LIFE BALANCE
THANK
YOU