Welch’s formula for making the call — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Welch’s formula for making the call

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in Leaders & Managers,Workplace Communication

Legendary General Electric CEO Jack Welch uses these three strategies to make wise decisions quickly:

1. Keep it simple. Simple procedures make for rapid decision-making. So does the ability to simplify complex issues before making a call.

2. Be fast. Complex bureaucracies take ages to make a simple decision. Effective leaders sidestep the red tape and make their calls quickly.

3. Believe in yourself. It takes self-confidence to decide.

— Adapted from Control Your Destiny or Someone Else Will, Noel M. Tichy and Stratford Sherman, HarperBusiness.

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