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A conversation with Jack Welch

MIT World has posted a video recording of their conversation with Jack Welch. Here are some excerpts:

“You’ve got to believe that the team that fields the best players wins. If you tell the bottom ten where they stand, that it’s time to look for something else, that’s considered cruel management. But, it’s far crueler to let people hang on and then get cut later in their careers when they’re less likely to find other work."

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