Jack Welch (1935-Present)

“Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.”

“Control your own destiny or someone else will.”

“An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.”

“If you don’t have a competitive advantage, don’t compete.”

“Change before you have to.”

“Face reality as it is, not as it was or as you wish it to be.”

“The world of the 1990s and beyond will not belong to ‘managers’ or those who can make the numbers dance. The world will belong to passionate, driven leaders – people who not only have enormous amounts of energy but who can energize those whom they le”

“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.”

“If change is happening on the outside faster than on the inside the end is in sight.”

“Giving people self-confidence is by far the most important thing that I can do. Because then they will act.”

“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.”

“I’ve learned that mistakes can often be as good a teacher as success.”

“Don’t manage – lead change before you have to.”

“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.”

“Be candid with everyone.”

“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.”

“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.”

“I was afraid of it [the internet]… because I couldn’t type.”

“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.”

“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.”

“It’s [the internet] like the flu – it just spreads like crazy.”

“We bring together the best ideas – turning the meetings of our top managers into intellectual orgies.”

“We’ve only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained?”

“The team with the best players wins.”

“Drucker said: ‘If you weren’t already in this business, would you enter it today? And if not, what are you going to do about it?’ … Simple, right? But incredibly powerful.”

“Not good — great.”

“We have the brand, and we have the fulfillment capability. Now we had to get the Net, and that’s the easiest part of the game.”

“We have built a company with a business mix and operating system that will allow us to deliver record results in any foreseeable economic climate, … We have just completed a very successful management transition and I’ve never been more confident about the company’s future.”

“This shows you are never too old to get surprised.”

“Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.”

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