Jack Welch advice business quotes

Business is all about capturing intellect from every person. The way to engender enthusiasm it to allow employees far more freedom and far more responsibility.

Jack Welch

GE

 

 

Injecting a Spirit of Common Purpose

By making all his employees feel that they had a stake in the company’s future, Welch was injecting a spirit of common purpose among GE’s employees and businesses. Though he was empowering his employees through Work-Out and other processes, Welch didn’t want to label these processes empowerment. He preferred the phrase high involvement.

Below are some Welch's Principles of Employee Involvement.

 

GE Work-Out

Goals

5 Dimensions of Growth

7 Steps

5 Sessions

Success Stories

 

 

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Start With Yourself

"Engaging everyone starts with you. Tell your boss that you would like to help him or her achieve his or her goals, and ask exactly what you can do that would help."

 

Create Greater Value for Others

Be a HOSTer

 

 

 

Encourage People To Take Initiative

"Make decisions yourself. If you are confident that you are right about something, don't just sit back and give in: you can change things, and urge upon your boss.”

 

Take Initiative

Intrapreneur

Empower Employees

 

 

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Soft skills Pyramid

 

 

 

 

Establish a Meritocracy

Establish a meritocracy in your company. Make hiring and promotion decisions based on ability and achievement.

 

Find the Right Fit for Every Employee

Individual Ratings

 

 

 

 

Use the Brains of Every Worker

Make sure that it is the person with the best idea who wins. Reward and celebrate new ideas to encourage others to want contribute as well. Reward those who live the company's values, show "guts", and, in doing so, make the numbers.

 

Ideation Techniques

Idea Management

Suggestion System

Simulation Games

 

 

 

Encourage People To Speak Out

Create an atmosphere where workers feel free to speak out. To engage every mind, every member of the team must feel comfortable enough to speak out.

 

Empower & Energize

Employee Feedback

Make Business Fun

 

 

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