"Speed, simplicity and self-confidence are closely intertwined."
If you want to destroy great people in your company, make things complicated; it's a sure recipe for destruction. Simplicity is the order of the day, and a prerequisite for speed.
While speed in business is almost considered a religious imperative, there are a couple things connected to speed that must exist if speed is to be of value to a company.
The major ingredient is simplicity. It's impossible to move nimbly and quick if your business is set up in a complicated way, or rules that can be interpreted in a number of ways are instituted to cover everybody's butts.
Another major aspect of simplicity is how it can instill confidence in our people. Make something too difficult to understand and people will lose confidence as they start to believe they can't function or excel at a high level.
The point, as Welch understood, is speed is dependent on simplicity and confidence of our people.
In a number of ways, speed is indispensible to being competitive, but at the same time simplicity, and the resultant confidence of our people, are what allow speed to be a real part of our business.
Speed drives our competitiveness, but simplicity and confidence are the foundation for speed.
Other Jack Welch Resources:
Jack Welch's advice to MIT Sloan students
Remember to Sign up for my feed
Sponsored link: The outsourcing every manager requires - Tampa Locksmith
» Steve Jobs: The Captain of Cool - 21 from ManagersRealm
"Look, our company’s too complicated."These were almost the first words out of Steve Jobs mouth when he returned to Apple (AAPL) after being ousted from the company.I've been hitting on this a lot lately because many business leader... [Read More]
Tracked on: October 2, 2007 9:03 PM | Permalink to Trackback