Management lessons from Jeck Welch


Turbo Summary:

“I blew up a factory. Blew the roof off it– almost got fired. I went down and pleaded my case, and survived. So, I think it’s taking swings. Take swings and have fun.”

Compensation: No budget run needed – Just comparison against Competition and Last Year.
20-70-10 Rule: it should be executed.? Cruel or Helpful
Managing Short vs Taking care of Future? Strategy meeting = HR evaluation
It is all about execution.



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