Welch’s Rules

Quote from the famous businessman Jack Welch:

  1. Control your destiny or someone else will.
  2. Face reality as it is, not as it was or wish it were.
  3. Be candid with everyone.
  4. Don’t manage, lead.
  5. Change before you have to.
  6. If you don’t have a competitive advantage, don’t compete.

In my experience, these ‘rules’ are insightful whether you work in a large organisation or for yourself.

As always, the hard part is not in appreciating them, but in successfully applying them!

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