If you want risk taking, set an example yourself and reward and praise those that do.
Interpretation
Leadership involves taking risks and encouraging others to do the same through recognition and rewards.
This quote by Jack Welch emphasizes the importance of leading by example when it comes to risk-taking. A true leader should not only take risks themselves but also create an environment where others feel empowered to do so by recognizing and rewarding their efforts. This fosters a culture of innovation and bravery within a team or organization.
In practice
A business leader can use this quote when addressing their team to encourage innovation.
You've got to eat while you dream. You've got to deliver on short-range commitments, while you develop a long-range strategy and vision and implement it. The success of doing both. Walking and chewing gum if you will. Getting it done in the short-range, and delivering a long-range plan, and executing on that.
I wanted to change the rules of engagement, asking for more- from fewer. I was insisting that we had to have only the best people...If you wanted excellence, at a minimum, the ambience had to reflect excellence.
A leader's role is not to control people or stay on top of things, but rather to guide, energize and excite.
Control your own destiny or someone else will.
The idea flow from the human spirit is absolutely unlimited. All you have to do is tap into that well. I don't like to use the word efficiency. It's creativity. It's a belief that every person counts.
An overburdened, overstretched executive is the best executive, because he or she doesn't have the time to meddle, to deal in trivia, to bother people.
It would be counterproductive to tell people exactly what they are supposed to do and exactly how they are supposed to do it to a point where they become more concerned about your expectations than about completing their work in a quality way.
Observing many companies in action, I am unable to point to a single instance in which stunning results were gotten without the active and personal leadership of the upper managers.
Anyone in a position of power is either corrupt or assumed to be corrupt, and the assumption of corruption is as bad as the reality of it.
I am a leader by default, only because nature does not allow a vacuum.
Team members have to hold each other accountable. If there's a meeting, all members have to commit to be present and to help one another; they can't just check out when they feel they're not getting any benefits.
Those who purify your water, inspect your meat, and test your kids toys, as well as a huge number of nurses, teachers, and our soldiers, are public employees. The firefighters who don't hesitate to rush toward danger while you run away from it - they are all public employees.
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