Quote by 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.
Summary
This quote underscores the high stakes and potential outcomes of General Electric's (GE) strategic investment in China. A wrong strategy would result in significant financial loss, potentially amounting to billions of dollars. Conversely, a correct strategy would pave the way for GE's success and sustainability as a company for the next hundred years. The quote highlights the substantial risks and rewards associated with this decision, emphasizing the critical importance of making the right move to secure the company's future.
Topics
Future
By Jack Welch