General Leadership

MARCH 19, 2014

Jack Welch. At the same time, if the culture is such that everything outside of work is sacrificed due to long hours, the people will fail just as quickly. The short-term gains will quickly give way to an exhausted team and little to no production. If he pushes them hard for too long, their performance will suffer.

Leadership 403

Leadership Delegation Bond Welch 403

HR Digest

JANUARY 10, 2019

The report suggests that Facebook’s twice-yearly reviews have contributed to the company’s growing list of scandals by encouraging a rush to roll out controversial features without considering the long-term impacts on user privacy.

Review 69

Review Process Peer Review Welch 69

LDRLB

MARCH 18, 2011

Tograding was made most popular by former General Electric CEO Jack Welch. Welch’s practice at GE was to locate the top 20 percent of performers, celebrate them and pay them handsomely. Welch advocates such performance evaluations up to 4 times per year. Lastly, the bottom 10 percent would be “invited to be successful else.”

Welch 107

Welch Bottom-up Short-term Long-term 107

LDRLB

MARCH 18, 2011

Tograding was made most popular by former General Electric CEO Jack Welch. Welch’s practice at GE was to locate the top 20 percent of performers, celebrate them and pay them handsomely. Welch advocates such performance evaluations up to 4 times per year. Leadership groysberg talent management topgrading welch'

Welch 79

Welch Bottom-up Short-term Long-term 79

Lead from Within

JUNE 9, 2018

. “No company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.” ” –Jack Welch, General Electric. Talk about it with your peers, brainstorm what it means in terms of your organization, and get going! THE LEADERSHIP GAP.

Covey 128

Covey Welch Long-term Collins 128

Six Disciplines

SEPTEMBER 11, 2015

You've got to deliver on short-range commitments, while you develop a long-range strategy and vision and implement it. Getting it done in the short-range, and delivering a long-range plan, and executing on that.” - Jack Welch. The success of doing both. Walking and chewing gum if you will. Get Executive Buy-in.

Execution 70

Execution Strategy Succession Short-term 70

Sales Wolf Blog

DECEMBER 13, 2010

Knowledge@Wharton:   Adjusting to the 'New Normal': The Consequences of Long-Term High Unemployment - As a society we are continually reminded of the stubbornly high state of unemployment that has resulted out of the economic chaos of the past two and a half years.  Enjoy!  Enjoy!

Blog 145

Blog Human Resources Talent Management Mentor 145

Sales Wolf Blog

MAY 2, 2010

Ann Bares, Compensation Force : Using Long Term Incentives to Retain Top Sales Performers - The world of sales is often one of short term perspectives.    Not surprisingly, compensation plans for sales reps encourage and reward short term performance.  Given

Blog 100

Blog Human Resources Talent Management Short-term 100

Sales Wolf Blog

JUNE 27, 2010

  Institute for Corporate Productivity : High-Performance Organizations View Interns as Long-Term Investments - Summer is here and if you work in a medium to large sized organization there is a good chance you are seeing a new crop of bright, young, smiling interns walking the halls and adding to the break room banter.

Blog 185

Blog Human Resources Guidelines Emotional Intelligence 185

Sales Wolf Blog

JULY 21, 2010

The result is a long-term performance drag on the bottom line of many small companies. The result is a long-term performance drag on the bottom line of many small companies. I believe small companies make hiring mistakes more frequently. To make matters worse, we typically see small companies retain Low Job Fit talent.

Company 140

Company Human Resources Emotional Intelligence Welch 140

N2Growth Blog

APRIL 2, 2010

Forget all the buzzwords and acronyms, social media is about meeting your constituencies where they are – in a setting of their choosing, and communicating with them on their terms. Your comment got me thinking, which grew long enough to warrant a blog post: [link]. link] Allan W. link] Allan W. Thanks for the great insights Rob.

Media 365

Media Blog Tools Influence 365

Harvard Business Review

JULY 17, 2018

So, during GE’s long and steep decline, where was the company’s board of directors? When Jack Welch stepped down as CEO in 2001, GE’s defined benefit (DB) plan was sitting on a surplus of $14.6 Because of these dubious decisions, GE’s ratio of debt to earnings has soared from 1.5 in 2013 to 3.7

Committee 8

Committee Welch Finance Participative 8

Harvard Business Review

NOVEMBER 27, 2013

Donald Hambrick, a guru on CEOs and top teams, argues that long-tenured CEOs tend to grow “stale in the saddle”, ceasing to make adaptive changes. I say we should have term limits for CEOs as we do in academia, where Deans typically serve for a maximum of five years. years over the last 16 years and all were very successful terms.

CEO 13

CEO Long-term Welch Pharmaceuticals 13

Harvard Business Review

OCTOBER 2, 2012

This vignette raises a key leadership question: Why do leaders wait too long to modify or abandon their business models? Even a company as sophisticated as GE waited too long to reorient its lighting business away from incandescent bulbs. Postal Service, trying to defend a business model that has little runway left.

Business Model 15

Business Model Incubator Supply Chain Welch 15

Chris Brady

JULY 19, 2010

Dispassionatescientists have long debated the originality of his many inventions found onlyin his sketchbooks – little evidence exists that he ever actually built or testedany of these ideas. After a long day at work and feeling as though I have not accomplished anything meaningful I am energized by the thought that I am on the right track.

Blog 112

Blog Leadership Real Estate Letter 112

Harvard Business Review

JANUARY 13, 2014

And short-term numbers at that. Happily though, the era of shareholder value maximization , which arguably started in the early 1980s when Jack Welch pronounced that General Electric’s primary purpose was to maximize returns for its investors, seems to be reaching its final days. No, it’s to maximize shareholder value.

Levitt 11

Levitt Christensen Competitive Advantage Welch 11

Great Leadership By Dan

JANUARY 16, 2008

Typically I read a long job description and notice there are unclear accountabilities. The Topgrading Interview Guide is 30 pages long, a “road map” with the questions and spaces for answers. I’m sure of this because my job is interviewing candidates for executive jobs, and I’ve interviewed thousands of candidates.

How To 126

How To Reference Cost Case Study 126

Harvard Business Review

NOVEMBER 24, 2015

This is all right as long as they explain the rationale behind their actions. For many years, GE has done this by carefully positioning each new change initiative as something that builds upon previous foundations – even as these initiatives spanned from the Welch to the Immelt eras.

Welch 8

Welch Six Sigma Real Estate Trends 8

Harvard Business Review

JANUARY 18, 2012

In the 20th century, a select group of leaders — General Motor's Alfred Sloan, HP's David Packard and Bill Hewlett, and GE's Jack Welch — set the standard for the way corporations are run. Patience and a long-term view. Forward-thinking leaders are not just achieving measurable success in the short-term.

Globalization 15

Globalization Golden Parachute Short-term Long-term 15

Harvard Business Review

MARCH 22, 2018

Under the leadership of Jack Welch, General Electric ranked their employees’ performance from top to bottom, giving additional rewards to the top 20% while laying off the bottom 10%. Past research on fairness suggests that such consequences can be very costly to organizations, especially in the long run.

Performance Review 15

Performance Review Comparison Review Reference 15

Harvard Business Review

OCTOBER 2, 2012

This vignette raises a key leadership question: Why do leaders wait too long to modify or abandon their business models? Even a company as sophisticated as GE waited too long to reorient its lighting business away from incandescent bulbs. Postal Service, trying to defend a business model that has little runway left.

Business Model 8

Business Model Incubator Supply Chain Welch 8

LDRLB

MARCH 24, 2014

So for those that might be listening that have never heard this term before, talk about what’s a mash up, how do you mash up, how does that borrow brilliance. One, the ability to look deeply into the context and landscape of this big data, long data around us. Although you can take as long as you want. Three characteristics.

Chief Operating Officer 60

Chief Operating Officer Innovation Learning-by-Doing Books 60

Harvard Business Review

OCTOBER 4, 2011

While at GE, Jack Welch popularized the notion that it was good to fire the "bottom 10" of his managers every year. Too many times we see someone who can do the job, but if we are truly honest know that in the long-run they will be stuck in the middle of the organization.

Bottom-up 13

Bottom-up Performance Review Mentor Welch 13

Harvard Business Review

MAY 8, 2015

When Jack Welch was CEO of GE, he famously tasked each business with achieving number 1 or number 2 status in its industry, a goal-setting principle that echoes across the decades. But once we apply our method to correct for industry, size, and long-term performance, it becomes clear that they’re little better than middle-of-the-road.

Company 8

Company Comparison Benchmarking Sample 8

Harvard Business Review

NOVEMBER 14, 2012

She's outlined a long-term recovery strategy but the congealing critical consensus is that she's simply not moving fast enough. GE's Jack Welch was inordinately fond of emphasizing that his biggest leadership regret was that he didn't move fast enough to make fundamental changes.

Consensus 8

Consensus Welch Retail CEO 8

Harvard Business Review

AUGUST 27, 2014

At GE, Jack Welch sincerely wanted to hear the truth — he hated it when people brought him sugar-coated information. Offer four possible answers: “I’d be rewarded or approved,” “I’d be punished or discouraged in some way,” “There would be no reaction of any kind,” or “I wouldn’t know what to expect.”.

Incentives 8

Incentives Performance Review Welch Motivation 8

Harvard Business Review

JANUARY 25, 2013

Not long after she reached shore, she decided to do something about it. Then I met three people — a Dutch CEO, a Welch education expert and a German scientist — who saw things in a very different way. So in 2010, I started this foundation and coined the "circular economy" term to help frame the concept.

Company 9

Company Apparel Engineering Welch 9

Harvard Business Review

AUGUST 6, 2014

Nothing has served me better in my long life than continuous learning.”. Headquarters took too long to approve locally generated ideas, and as a consequence, Chinese competitors were beating us with rapidly-turned-out products that were tuned for the local market. This created tension from the get-go. But there were bigger problems.

Chief Financial Officer 9

Chief Financial Officer Operations Learning-by-Doing IPO 9

N2Growth Blog

DECEMBER 30, 2010

I’ve simply lived too long to buy into the myth that success in the workplace will create happiness at home. One way I have thought about these issues is in terms of one's calling. If I recall correctly, Jack Welch wrote that you can only have one priority, you need to pick which it will be.

Blog 413

Blog Career Learning-by-Doing Advice 413

Harvard Business Review

OCTOBER 9, 2018

Five years ago, Jack Welch famously stated that there are three fundamental ways to motivate employees: financial rewards, recognition, and a clear mission. Unlike Welch’s 41-year tenure at GE, today’s employees are expected to hold an average of 10 jobs before the age of 40.

Team 10

Team Welch Motivation Metrics 10

N2Growth Blog

SEPTEMBER 19, 2010

Another benefit is that much of the content produced in this medium is not from the typical industry pundits, but rather true “in the trenches” thought leaders that see things coming long before journalists report it in the news, or the so-called gurus publish it in their latest book. I'm sure our readers will find it to be of benefit.

Blog 419

Blog Open-book Library Learning-by-Doing 419

Harvard Business Review

JUNE 12, 2012

Within two years after becoming chief executive of General Electric in 1981, Jack Welch completed one of his most far-reaching initiatives: reducing the number of GE business units from about 150 to 15. In effect, Welch set out to focus the company on the businesses where it had the potential for greatness, and to jettison everything else.

Welch 8

Welch Diversity Hedge Chemicals 8

Harvard Business Review

DECEMBER 13, 2017

Some argue that profits are stagnant because of short-termism—that decades of focusing on current profits over long-run innovativeness has resulted, now, in companies that are hollowed out. Consider GE during Jack Welch’s tenure, Trimble Navigation under Steve Berglund, or IBM under Lou Gerstner.

Short-term 8

Short-term Decentralization Company Trends 8

Harvard Business Review

JULY 19, 2011

Not long ago I sat in on a meeting of the executive leadership team for a global technology company. Jack Welch used to talk about self-confidence as a critical characteristic for managerial success. Fighting through this kind of culture is hard work, but essential for long-term managerial success.

Self-aware 14

Self-aware Welch Long-term CEO 14

Harvard Business Review

SEPTEMBER 5, 2012

Jack Welch had it right: you should continually subtract out the bottom 10% of your team. As long as there is a good review and development process (e.g. You want to give the most time, energy, and service to those who will provide the greatest long-term reward and loyalty. Subtract and seduce around a single idea.

Power 8

Power Document Self-aware Welch 8

Skip Prichard

JULY 26, 2021

At the macro level, short-term EBIDTA optimization board room mindsets, the shareholder investor quest for outsized returns, and the reality that digital transformation is not enough have led to the conditions for digital giants to emerge. Let’s start with the short-term mindset. Take a long-term growth mind set.

Disintermediation 131

Disintermediation Cost-Benefit Analysis Short-term Long-term 131

Harvard Business Review

MAY 14, 2014

As the 2010 case describes: By his own admission, Ma was a fan of Jack Welch, so it was only natural that his organization came to resemble that of GE in some regards. A “group center” is a group of executives in a conglomerate tasked with long term strategy, locating cross-business opportunities, and shaping the firm’s identity and values.

IPO 11

IPO Welch Strategy Long-term 11