Jack Welch's Advice: - Change, before it's too late. - Look reality in the eye and don't flinch! - Be ready and eager to rewrite your agenda! - Managing less is managing better. - Take a hard look at your overall business. And decide as early as possible what needs fixing, what needs to be nurtured, what needs to be jettisoned! - Face reality! - Don't pursue a central ideas, but rather, set only a few clear general goals as business strategies. - Be number one or number two! = Downsize, before it's too late! - In deciding how to change your business, nothing should be scared! - When seeking the right marketplace, there's no virture in looking for a fight. If yo're in a fight, your job is to win,. But if ou can't win, you've got to find a way out. - Create a culture. Then spread it. - Don't get stuck in the past. Be open to change. - Reexamine your agenda constantly and, if necessary, rewrite it. - Transfer ideas and allocate resources. And then, get out of the way. - Make sure everyone in your business gets all the information required to make decisions. - Provide an atmosphere when people can have the resources to grow, the educational tools are available, and they can expand their horizons. - Delayer: Get rid of the fat. - Express a vision. Then, let your employees implement it on their own. - Act like a small company. - Go for the quantum leap. - No matter how great the resistance, get those costs down. - Get faster! - Remove the boundaries! - Search for the synergies between your business and strive for integrated diversity. - Empower your workers! - Create an atmosphere where employees feel free to speak out. - Listen to the people who actually do the work. - Eliminate unnecessary work. - Go before your workers and answer all their questions. - Aim for speed, simplicity, and self-confidence.