Management Insight and Leadership Secrets of the Legendary Former CEO of General Electric
Lead More, Manage Less
Lesson 1 - Lead
Lesson 2 - Manage LESS
- "We are constantly amazed by how much people will do when they are not told what to do by management."
- In the new knowledge-based economy, people should make their own decision.
- Managing less is managing better. Close supervision, control and bureaucracy kill the competitive spirit of the company.
- "Weak managers are the killers of business; they are the job killers. You can't manage self-confidence into people."
Lesson 3 - Articulate Your Vision
"Leaders inspire people with clear visions of how things can be done better." The best leaders do not provide a step-by-step instruction manual for workers. The best leaders are those who come up with new idea, and articulate a vision that inspires others to act.
Lesson 4 - Simplify
Keeping things simple is one of the keys to business. "Simple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making."
Lesson 5 - Get Less Formal
"You must realize now how important it is to maintain the kind of corporate informality that encourages a training class to comfortably challenge the boss's pet ideas."
Source: http://www.1000ventures.com/
Source: http://www.1000advices.com/guru/business_success_3s_welch.html
