Burn out is theoretical, psychological, a fuzzy thing. Burn out is standing at a lathe for 10 hours doing the same thing. (In) an exciting job, you are turned on every minute and wanting more and more and more.... Jack Welch Jack Welch has never been one to pussyfoot around when it comes to discussions of leadership, and he doesn’t break from form during a lively give-and-take with MIT Sloan Dean David Schmittlein and an audience of Sloan students. Schmittlein starts with a series of questions involving the reasons why some top corporations lose their market leadership positions. “Complacency and arrogance,” Welch believes, clearly lie behind these drops in stature -- believing you “know it all” when in fact you always have to “know somebody’s doing it better than you.” Managers and their staff must understand “somebody’s always shooting at you,” and “you have to always find a better way of doing it.”
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