LEADERSHIP SECRET 5DON’T PURSUE A CENTRAL IDEA; INSTEAD, SET ONLY A FEW CLEAR, GENERAL GOALS AS BUSINESS STRATEGIES

FROM THE FILES OF JACK WELCH

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I am not going to attempt, for the sake of intellectual neatness, to tie a bow around the many diverse initiatives of General Electric.

At the end of his first year as CEO, Jack Welch explained what he wanted to do at GE:

If I could, this would be the appropriate moment for me to withdraw from my pocket a sealed envelope containing the grand strategy for the General Electric Company over the next decade. But I can’t …

What will enhance the many decentralized plans and initiatives of this company isn’t ...

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