22 min listen
How To Use The Welch Grid In Your Business
How To Use The Welch Grid In Your Business
ratings:
Length:
13 minutes
Released:
Dec 8, 2021
Format:
Podcast episode
Description
In this episode, Matt and Rick define the "Welch Grid" from Jack Welch, former CEO of General Electric, author and business leader, and how to apply it in your business. This is a simple exercise that will provide you with great insight into how to evaluate your teams.According to Jack, the greatest asset in business is your team. And as a leader, you should invest a lot of time evaluating your team and placing each individual in the right place. He believed that companies that win are those that build the strongest teams. "You build the best team; you win" Jack WelchHe classified his team members into four categories. SuperstarsDo-gooders TerroristsWTF/ Deadwood This classification then informed decisions on placement, hiring, promotions, and firing. Tune in to learn more about the Welch Grid and how you can apply it in your business. Key Takeaways - The Welch Grid (01:51)- Who are the rock stars in your team (03:01)- The do-gooders (04:58)- The terrorists (06:53)- The WTF/deadwood (10:03)Additional Resources:Alloy Personal TrainingLearn About The Alloy Franchise Opportunity---------You can find the podcast on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.If you haven’t already, please rate and review the podcast on Apple Podcasts!
Released:
Dec 8, 2021
Format:
Podcast episode
Titles in the series (100)
03: Client Rewards Strategies For Increased Retention: In this episode, we are going to explore different types of reward systems and how they positively affect client retention. - - -> Learn more at - - > http://bit.ly/alloy_franchise by Alloy Personal Training Business