Self-confidence
Benefits
Self-confident people don’t need to wrap themselves in complexity
and all that clutter that passes for sophistication in business.
Self-confident leaders
produce simple
plans,
speak simply, and propose big clear targets.
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Challenges
The root of many of
bureaucracy ills is insecurity. Insecurity makes people
resist change because they see change only as a threat, never
as an opportunity.
Action
-
Give people a voice, get them talking and
listening to and
trusting one another.
-
Cultivate self-confidence among your
leaders by turning them loose, giving them independence and resources,
and encouraging them to take big swings.
-
Provide an atmosphere that affords
employees
an
opportunity to dream, risk, and win – and ultimately earn
self-confidence.
Simplicity
Benefits
Simplicity
is practically an art form with many definitions. To an
engineer, it's clean functional designs with fewer
parts. It means judging a process not by how
sophisticated it is, but how understandable it is to
those who must make it work.
In
marketing
it means clear messages and clean proposals to consumers
and industrial customers. And, most importantly, on an
individual,
interpersonal level
it takes the form of plain-speaking, directness –
honesty.
Simplicity is indispensable to a
business leader's
most important function: creating and projecting a clear
vision.
Simple messages travel faster.
Simple
designs
reach the market
faster. |
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Challenges
You can't believe how hard
it is for people to
be simple, how much they fear being simple.
One of the most difficult
things for a manager to do is to reach that
all-important threshold of self-confidence in which
being simple is comfortable.
Action
-
Urge everyone in the company to have the
courage to be simple.
-
Create an atmosphere in the organization
where people feel not only free, but obliged to demand clarity and
purpose from their leaders.
Speed
Benefits
If you're not
fast you can't win. Speed is everything. It is the indispensable
ingredient of
competitiveness.
Challenges
Bureaucracy is terrified by
speed and hates simplicity.
People have to think on their feet.
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Action
→
Jack Welch's
5 Strategic Questions
References:
1. Jack Welch and the GE Way, Robert Slater
2. The Welch Way, Jeffrey A. Krames
3. Winning, Jack Welch and Suzy Welch
4.
Jack: Straight from
the Gut, Jack
Welch |