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If you want risk taking, set an example yourself and reward and praise those that do.
Jack Welch
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Interpretation

What this quote means

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.

Themes

RiskLeadershipExampleRewardPraise

In practice

Example use cases

A business leader can use this quote when addressing their team to encourage innovation.

More from Jack Welch

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.
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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.
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Control your own destiny or someone else will.
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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.
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Quote by Jack Welch | QuoteProject