Jack Welch’s Public Hangings, Introducing Merit-Based Pay and How to Gather Objective Reviews - Ask Clay Anything
Thrivetime Show | Business School without the BS
Clay Clark
4.7 • 1.5K Ratings
🗓️ 18 August 2018
⏱️ 20 minutes
🧾️ Download transcript
Summary
Why did the former CEO of GE who once grew the company by 4,000% encourage business people to occasionally engage in public hangings? Clay answers questions from Thrivers including: How Do You Introduce a Merit-Based Pay System? How do you Ask for and Get Objective Reviews? How to Fire Employees Properly?
Transcript
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| 0:00.0 | 3, 2. 1. Boom! You are now entering the dojo of Mojo and the Thrive Time Show. |
| 0:11.0 | Thrive Time Show on the microphone, what is this? |
| 0:14.8 | Top of the I2 charts in the category of business. |
| 0:17.6 | Grilling down on business topics like we are a dentist. |
| 0:20.3 | Providing you with internship like you are an apprentice |
| 0:23.0 | And we go so fast that you might get motion sickness |
| 0:26.0 | Grab a pin and pad to the lab, let's get in this. |
| 0:29.0 | Time to bear some fruit like some Florida oranges. |
| 0:31.0 | Three two one, here come the business. |
| 0:33.8 | Ninja's Sonic boom. |
| 0:37.6 | All Thrive Nation. |
| 0:38.8 | Welcome back to the conversation. |
| 0:40.4 | It is a Time show on your your radio and as we get closer into football season I could not be |
| 0:47.8 | Any more excited than to watch the New England Patriots achieve yet another successful season as they have a bunch of random |
| 0:56.0 | players they've assimilated from other teams, guys they've undrafted people, they've signed, people |
| 1:01.9 | that were cut by other teams, guys they've drafted. |
| 1:05.0 | Every year Bill Bellicheck builds a successful team. |
| 1:08.0 | When he was the coach with the Giants under Bill Parcells, they were successful. He's successful with the Patriots. Why? |
| 1:14.4 | Is it because he's a genius? Probably. But it's because he has the systems in place. He has the systems, |
| 1:20.1 | the proven systems. And that's why the Patriots win year after year in a league of |
| 1:24.0 | parity where stars come and go all the time people leave the Patriots all the time |
| 1:28.3 | they continue to win year after a year when Tom Brady didn't play last year they went three and |
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