Dear colleagues,

 

Below are 10 principles for good business leadership as quoted in the book, Straight From the Gut by Jack Welch.

 

1. There is only one way - the straight way. It sets the tone of the organisation.

 

2. Be open to the best of what everyone, everywhere, has to offer; transfer learning across your organisation.

 

3. Get the right people in the right jobs - it is more important than developing a strategy.

 

4. An informal atmosphere is a competitive advantage.

 

5. Make sure everybody counts and everybody knows they count.
 

6. Legitimate self-confidence is a winner - the true test of self-confidence is the courage to be open.

 

7. Business has to be fun - celebrations energise an organisation.

 

8. Never underestimate the other guy.

 

9. Understand where real value is added and put your best people there.

 

10. Know when to meddle and when to let go - this is pure instinct.

In my view, the above continues to hold relevance today as succintly described in the book.