Jack Welch - Short and Long Term

We exist to help contractors build stronger businesses for the next generation.

D. Brown Management Profile Picture
D. Brown Management
May 10, 2018 2 minute read
Share

That is not only our mission at D. Brown Management but should also be the mission of EVERY leader within a construction business.  

Quote: You've got to eat while you dream. You've got to deliver on short-range commitments, while you develop a long-range strategy and vision and implement it. Jack Welch Retired Chairman and CEO of GE

Leaders must be focused on balanced execution across both functional areas and time horizons for truly sustainable growth.  

  1. Developing Your Talent
  2. Winning Quality Work
  3. Building Quality Projects
  4. Keeping Score
  5. Integrating Your Supply Chain
  6. Leveraging Technology

Within each of those functional areas leaders must balance out short-term execution while investing in their long-term vision.  This balancing act is extremely difficult when management teams are all stretched thin.  

Jack & Suzy Welch do a great job of describing this balance in Winning and The Real Life MBA.  

An experienced but unbiased 3rd party can be invaluable in helping your team remain balanced in their thinking and execution. 

How Wealthy Are You
Beyond having a reasonable level of security, shelter, and food, wealth is measured in many other dimensions, including relationships, health, self-actualization, and impact. Building a great life and a sustainable business requires a holistic focus.
Related Article
Multipliers for Success at All Levels
As a leader in the construction business, you can think about success in three broad areas.
Related Article
Rigorous Questioning Develops Critical Thinking
Thinking is really just about asking ourselves then answering a series of questions to help us make a good decision. Critical thinking is quite simply asking ourselves a more complex set of questions then answering them from a larger base of knowledge.
Related Article