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Quotes by Jack Welch

An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
– Jack Welch
An overburdened, overstretched executive is the best executive, because he or she doesn't have the time to meddle, to deal in trivia, to bother people.
– Jack Welch
Giving people self-confidence is by far the most important thing that I can do. Because then they will act.
– Jack Welch
Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital - the world's best talents and greatest ideas.
– Jack Welch
I was afraid of the internet... because I couldn't type.
– Jack Welch
I've learned that mistakes can often be as good a teacher as success.
– Jack Welch
If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.
– Jack Welch
If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them.
– Jack Welch
It's [the internet] like the flu - it just spreads like crazy.
– Jack Welch
My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too.
– Jack Welch
Strong managers who make tough decisions to cut jobs provide the only true job security in today's world. Weak managers are the problem. Weak managers destroy jobs.
– Jack Welch
The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
– Jack Welch
The essence of competitiveness is liberated when we make people believe that what they think and do is important - and then get out of their way while they do it.
– Jack Welch
The Internet is the Viagra of big business.
– Jack Welch
We bring together the best ideas - turning the meetings of our top managers into intellectual orgies.
– Jack Welch
We've only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained?
– Jack Welch
Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
– Jack Welch
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. The success of doing both. Walking and chewing gum if you will. Getting it done in the short-range, and delivering a long-range plan, and executing on that.
– Jack Welch
What's important at the grocery store is just as important in engines or medical systems. If the customer isn't satisfied, if the stuff is getting stale, if the shelf isn't right, or if the offerings aren't right, it's the same thing. You manage it like a small organization. You don't get hung up on zeros.
– Jack Welch
The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard.
– Jack Welch
Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business.
– Jack Welch
Number one, cash is king... number two, communicate... number three, buy or bury the competition.
– Jack Welch
In order to lead a country or a company, you've got to get everybody on the same page and you've got to be able to have a vision of where you're going. America can't have a vision of health care for everybody, green economy, regulations - can't have a bunch of piece-meal activities. It's got to have a vision.
– Jack Welch
If you don't have public hangings for bad culture in a company, if you don't take people out and let them say, they went home to spend more time with the family. It's crazy.
– Jack Welch
I actually think that the economy has got some positives. It's got the market. It's got consumer confidence and it's got banks throwing - I mean central bankers throwing money at it around the world.
– Jack Welch
Don't manage - lead change before you have to.
– Jack Welch
Control your own destiny or someone else will.
– Jack Welch
A strategy is something like, an innovative new product globalization, taking your products around the world be the low-cost producer. A strategy is something you can touch you can motivate people with be number one and number two in every business. You can energize people around the message.
– Jack Welch