how complex business is. This isn’t rocket science. We’ve chosen one of the world’s most simple professions.” In Jack Welch’s words, business is simple. A leader needs to supply his employees with the information, the resources, the vision, and the atmosphere to succeed and reward them when they do. Welch does not concern himself with the details of GE’s many business units; he only needs to make sure he has the right people in place to carry out his overall vision.Leadership Secret 5- Don’t Pursue a Central Idea; Instead Set Only a Few Clear, Central Goals as Business StrategiesThis secret reiterates Leadership secret 4. A leader needs to set up a framework for the company and not a detailed plan for every entity or situation. Business leaders should also establish a set of core values that will always remain constant with the company’s long-term goals.Leadership Secret 6- Nurture the Employees Who Share The Company’s ValuesA company’s values must remain constant. They highlight how a company treats its employees, customers, and competition. And, having employees that professionally live by these values is essential in maintaining a company’s vision. Jack Welch separates managers into three different categories: Category A managers meet their goals and share in the company values. Their future is bright in the company. Category B managers don’t always achieve good numbers but do share in the values. These managers should be encouraged to improve and should be assured security in the company. Category C managers always make the numbers but do not follow the company’s values and beliefs about business. These managers usually run a dictatorship type operation with little respect for their employees’ work and knowledge. Although, they are reaching their goals, they need to be let go before they unravel the continuity and respect that is esse...
