"[[Jack Welch]], the highly admired former CEO of [[General Electric]], has **distilled his management philosophy into three values: speed, simplicity, and self-confidence**. "**Speed is the essential measure of productivity**. "**Simplicity is the essential characteristic of good communication** and structure. "And **self-confidence is the primary quality of a good leader**. "He goes on to point out that **it takes comprehensive knowledge plus self-confidence for a manager to simplify the complexities of ideas, decisions, and systems**. It also takes self-confidence to push decision making to the front so that speed, the test of productivity, can take place. To paraphrase something my friend [[Dave Buker]], a performance-improvement consultant to [[Fortune 500]] companies, says, “**First-rate managers hire first-rate people and turn them loose. Second-rate managers hire third-rate people who have to be told what to do and how to do it**.”" --- **Tags** -- [[quotes]], [[leadership]], [[organisational-culture]], [[efficiencies]], [[essentialism]], [[confidence]], **Source** -- [[20250112015442 - B - If Disney Ran Your Hospital]]