High impact corporate values clarification
The Jack Welsh approach to change management
At recent Institute of Directors lunch for 600 business leaders in London Jack Welch, former head of GE and voted the most respected business leader of all time, when asked about the relative importance of right values versus making the numbers said:
“There are 4 types of manager. Type 1 has the values and delivers the numbers – that’s easy. Type 2 has neither the values nor the numbers – that’s easy too! Type 3 has values but is not delivering the numbers – you give them a second chance. Type 4 creates all the problems – producing the numbers but with no regard for the principles of the company. People want them around because they are making the numbers. However you will change your company forever if you fire a high-performing person who is doing it unfairly and you explain why”
Bioteams Books Reviews
Humans and animals do not need complete information to act; they can operate on various clues provided there is a sufficient context. Organizational teams can also use this thin slicing technique in conjunction with short messaging to enhance their performance. Malcolm Gladwell’s introspective book Blink digs deep into the abyss of human cognition to illustrate the human ability to think at a subconscious level. The idea of thin slicing is used where one is introduced to only a few snippets of information which lead to a series of conclusions based on moments of rapid cognition – an ability claimed to be intrinsically dormant in most humans. By bioteams guest author Max Bhanabhai.