Face reality as it is, not as it was or as you wish it to be.
From Jack Welch
There's no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences.
Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
Management is all about managing in the short term, while developing the plans for the long term.
If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.
The story about GE that hasn't been told is the value of an informal place. I think it's a big thought. I don't think people have ever figured out that being informal is a big deal.
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