Welch's 21 Steps to Management Greatness - 9
"Get Good Ideas from Everywhere"
I know I've said it before at managersrealm, but I am still amazed at how many times the great business leaders say the same thing in their own way.
Just to let you know, when I've been studying these leaders, I haven't went through their various profiles to come up with the things I write about so that they can be confirmed with one another. I just study and read their works, writings and talks through the years, and let emerge out of them whatever comes.
To me, that gives a much more valuable look at what they have done or are doing that has been especially effective. When you start reading about their stories and how they did it, it should be an encouragement and motivation to emulate those things that are confirmed across vastly different companies and individuals, and yet believed in and practiced by them all.
This is true with Welch's idea that he needed to "get good ideas from everywhere." I think every business leader we've been talking about has said the same thing.
Welch added this to his comment: "The operative assumption today is that someone, somewhere, has a better idea; and the operative compulsion is to find out who has that better idea, learn it, and put it into action - fast."
The most obvious place to get ideas from are of course the people within the company itself. Who knows better the ideas that could meet the continually problems they face daily?
Our competitors and other businesses outside our market can be great sources of ideas too.
Business leadership is now looking anywhere and everywhere for that which will help us go to the next level in any aspect of the business.
Those that are able to do that while maintaining the focus on what's bringing in sales today, will be extremely difficult to compete with.
That's the other side of ideas people. There still has to be a focus on today while we're building for tomorrow. Those able and willing to do them together will always thrive.
Other Jack Welch Resources:
Jack Welch's advice to MIT Sloan students
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