You can't grow long-term if you can't eat short-term. Anybody can manage short. Anybody can manage long. Balancing those two things is what management is. Jack Welch balanceeatgrow Change image and share on social
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 capitalchangecompany Change image and share on social
Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business. Jack Welch businesschemicalcredit Change image and share on social
Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while. Jack Welch changecompanyconfusion Change image and share on social
The biggest cowards are managers who don't let people know where they stand. Jack Welch bigcowardmanager Change image and share on social
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 customerenginegrocery share on social
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 30sbeatchina share on social
The idea flow from the human spirit is absolutely unlimited. All you have to do is tap into that well. I don't like to use the word efficiency. It's creativity. It's a belief that every person counts. Jack Welch absolutelybeliefcount Change image and share on social
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 businesscostenergize share on social
Public hangings are teaching moments. Every company has to do it. A teaching moment is worth a thousand CEO speeches. CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it. Jack Welch blabceocompany share on social