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

Get PDF file

by on
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.

Leave a Comment

Previous post:

Next post: