Jack Welch Quotes

A collection of quotes by Jack Welch.

Jack Welch is a renowned American business executive and management expert who served as the CEO of General Electric (GE) from 1981 to 2001. He was born on November 19, 1935, in Peabody, Massachusetts. Welch earned his bachelor's degree in chemical engineering from the University of Massachusetts Amherst and later obtained his Ph.D. in chemical engineering from the University of Illinois.

During his tenure at General Electric, Welch transformed the company into one of the most profitable and valuable corporations in the world. He implemented a philosophy known as "Neutron Jack" which involved streamlining operations, selling unprofitable business units, and constantly focusing on increasing productivity and efficiency. This aggressive approach led to significant growth and improved GE's market value from $14 billion to approximately $410 billion.

Under Welch's leadership, GE became a global conglomerate with diverse business interests in areas such as finance, healthcare, aviation, and energy. He emphasized the development of strong leadership, fostering a corporate culture of openness and meritocracy. Known for his no-nonsense management style, Welch became an influential figure in the business world.

After retiring from GE, Welch took on various roles as an author, public speaker, and management consultant. He shared his insights on leadership and management through best-selling books like "Winning" and "Straight from the Gut." Welch's contributions to the field of business earned him numerous accolades and recognition as one of the most successful and influential corporate leaders in modern history. Jack Welch passed away on March 1, 2020, leaving behind a lasting legacy in the business world.

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

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

Before you are a leader, success is all about growing yourse

Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.

Success You Leader Yourself Growing

I've learned that mistakes can often be as good a teacher as

I've learned that mistakes can often be as good a teacher as success.

Success Teacher

An overburdened, over-stretched executive is the best execut

An overburdened, over-stretched executive is the best executive, because he or she doesn't have the time to meddle, to deal in trivia, to bother people

Management

The Internet is the Viagra of big business.

The Internet is the Viagra of big business.

Business

An organization's ability to learn, and translate that learn

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

Business

Short cycle business are being impacted by credit, and are b

Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business.

Business

Good business leaders create a vision, articulate the vision

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

Business

A strategy is something like, an innovative new product glob

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.

Business

If you don't have public hangings for bad culture in a compa

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.

Home Family

Willingness to change is a strength, even if it means plungi

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

Business

In order to lead a country or a company, you've got to get e

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.

Health

I actually think that the economy has got some positives. It

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.

Money

Don't manage - lead change before you have to.

Don't manage - lead change before you have to.

Change

Control your own destiny or someone else will.

Control your own destiny or someone else will.

Future

Number one, cash is king... number two, communicate... numbe

Number one, cash is king... number two, communicate... number three, buy or bury the competition.

Communication

If GE's strategy of investment in China is wrong, it represe

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.

Future

I was afraid of the internet... because I couldn't type.

I was afraid of the internet... because I couldn't type.

Computers

You've got to eat while you dream. You've got to deliver on

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.

Success

The productivity now at universities is terrible. Tenure is

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.

Work