I was in the dollar general store in my town shopping for some prank gifts for a family members' 30th birthday party and I saw Jack Welch's book there, I couldn't resist picking it up for only a buck. Today's topic will be based on what Jack calls his basic management beliefs, behind his beliefs (which are bolded) are my comments about that particular belief:
1. Competing hard to win. I believe in this statement, if we do not compete hard, we will not win and we chance everything to luck.
2. Facing reality. If we do not face reality we will slowly dig a grave for ourselves in using ignorance for our shovel.
3. Motivating people by alternately hugging and kicking them. WHAT, "kicking", while I understand what he means by kicking, I would hardly use that word to describe it, maybe pushing or stretching. I we are too aggressive we will "kick" them right out of the company.
4. Setting stretch goals. It is very important to set goals that are sitting just on the other side of "things I have never done" other wise you will find yourself standing on the shores of mediocrity.
5. Relentlessly following up on people to make sure things get done. This is ridiculous, all this means is micro managing. If I have to relentlessly follow up with people then I have the wrong people on my team.
At the end of the day, Jack Welch ran a successful organization at GE using the basic management beliefs stated above.