29 Leadership Secrets From Jack Welch Summary Jack Welch built a career out of fighting waste. 29 Leadership Secrets from Jack Welch follows in Welch's footsteps, boiling the legendary CEO's leadership successes down to 29 strategies that made GE the world's most competitive company and Welch the world's most successful and admired CEO.

1. 29 LEADERSHIP SECRETS
Aftab Ahmed 183809

2. 1.Harness the Power of Change
 Bringing In Big Number
 Change Was Everywhere
 Make Each Day Your First Day On The Job
 The Genesis Of “Number One, Number Two”
 Employees Have Good Ideas Too
2.Face Reality
 Moving Quickly
 Turn Your Business Around
3.Managing Less Is Managing Better
 Show Respect, Instill Confidence
 Manage Less
 Emphasize Vision, Not Supervision

3. 4.Create A Vision And Then Get Out Of The Way
 Business Is Simple
 Always Keep The Five Key Questions In Mind
(Global Competitive Environment, Last 3 Years Competitors Done, You
Done, Attack You In The Future, Plans To Leapfrog)
 Managing Is Allocating People And Resources
 Managers Lead With Vision
5.Don’t Pursue A Central Idea; Instead, Set Only
A Few Clear, General Goals As Business Strategies
 Set Out A General Framework For Your Team
 Create Values That Are Consistent With The Company Vision
 Six Sigma Quality

4. 6.Nurture Employees Who Share The
Company’s Values
 Give Employees More Responsibility
 Delivers On Commitments
 Misses Commitments But Shares The Values
7.Keep Watch For Ways To Create Opportunities
And To Become More Competitive
 The Most Competitive Enterprise On Earth
 Don’t Stick Your Head In The Sand
 See Things For What They Are.
8.Be Number One Or Number Two And Keep
Redefining Your Market

5. 9.Downsize, Before It’s Too Late
 Remember That Tough Actions Today May Prevent Far More Complex
Problems Later
10.Use Acquisitions To Make The Quantum Leap
 Think Outside The Box
 Keep Hunting For The Little Opportunities
11.Use Boundary less And Empowerment To
Nurture A Learning Culture
 Learning Culture Enhances Performance
 Emphasize Idea Sharing Inside The Company
 Find And Implement The Best Ideas,

6. 12.Inculcate The Best Ideas Into The Business,
No Matter Where They Come From
 Make Searching For New Ideas A Priority Of Every Employee
 Hold Idea-sharing Meetings On A Regular Basis
 Reward Employees For Sharing Knowledge
13.The Big Winners In The Twenty-first Century
Will Be Global
 Get Your House In Order First
 Think Globally And Locally
14.Delayer: Get Rid Of The Fat
 Get Rid Of Any Layers Of Management That Do Not Add Real Value To The
Process
 Don’t Let Emotions Get In The Way

7. 15.Spark Productivity Through The “S” Secrets:
Speed, Simplicity, And Self-confidence
 Start With A Simple Message
 Establish Systems That Foster Self-confidence
16.Act Like A Small Company
 Assume That Your Big Company Can Act Small
 Structure For Smallness
 Check Reality
17.Remove The Boundaries
 Root Out Boundaries
 Model Behaviors With Senior Managers
 Involve Everybody

8. 18.Unleash The Energy Of Your Workers
 Unleash Productivity By Involving Everyone
 Turn Workers Into Owners
 Have Patience; Attitudes Don’t Change Overnight
19.Listen To The People Who Actually Do The Work
 Enable People To Speak Out Freely
 Develop Trust Among Employees
 Eliminate Unnecessary Work
20.Go Before Your Workers And Answer All
Their Questions
 Search Out Practices That Have Stopped Making Sense
 Nourish Dignity

9. 21.Stretch: Exceed Your Goals As Often As You Can
 Set Stretch Goals And Then Push To Exceed Them
 Push For The Impossible
23.Make Quality The Job Of Every Employee
 Tackle Quality Head-on
 Find The “Hidden Factory
 Use Quality To Make Sure That Your Products Are Your Customers’ Only Actual
Value Choice
22.Make Quality A Top Priority
 Think About Quality Universally; Implement Six Sigma
 Link Compensation To Quality Performance
24.Make Sure Everyone Understands How Six
Sigma Works
 Customer Satisfaction, Cost Of Poor Quality, Supplier Quality, Internal
Performance, Design For Manufacturability

10. 25.Make Sure The Customer Feels Quality
 Keep The Customer As The Main Focus
 Don’t Assume That The Customer Is As Happy As You Are
26.Grow Your Service Business: It’s The Wave
Of The Future
 Think Hard About The Services
 Stay Flexible
27.Take Advantage Of E-business Opportunities
 Look Before You Leap Into E-business
 Look For Appropriate E-business Opportunities
 Take Advantage Of The Web’s Efficiencies

11. 28.Make Existing Businesses Internet Ready:
Don’t Assume That New Business Models Are
The Answer
 Adapt Your Business Model To The Internet
 Think “Web Enabled” Rather Than “Web Threatened.
 Think Inside And Outside
29.Use E-business To Put The Final Nail In
Bureaucracy
 Manage In Internet Time, Using The Latest Technologies.
 Build On Strengths
 Part Of A Bigger Picture