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.
People want to be on a team. They want to be part of something bigger than themselves. They want to be in a situation where they feel that they are doing something for the greater good.
Never ask your employees to do something you wouldn't be willing to do yourself.
With opportunity comes responsibility.
Once you have a staff of prepared, intelligent, and energetic people, the next step is to motivate them to be creative.
I had worked hard my entire career to establish myself as a leader. But I wasn't a leader until I was perceived as one.
People like leaders who look like they are dominant, optimistic, friendly to their friends, and quick on the trigger when it comes to enemies. They like boldness and despise the appearance of timidity and protracted doubt.
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