Quotes By Jack Welch
Management is all about managing in the short term, while developing the plans for the long term.
Jack Welch
An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
Jack Welch
You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand.
Jack Welch
One of the jobs of a manager is to instill confidence, pump confidence into your people. And when you've got somebody who's raring to go and you can smell it and feel it, give 'em that shot.
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
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
Out-innovating them is the way to beat China. And to do everything that we do in this country to support innovative policy, that drives innovation and new products and more jobs and creates jobs. You can't - you can't put a wall up around here. We tried that in the '30s. It didn't work.
Jack Welch
We bring together the best ideas - turning the meetings of our top managers into intellectual orgies.
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
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
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
In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States.
Jack Welch