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Number one, cash is king... number two, communicate... number three, buy or bury the competition.
Jack Welch
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Jack Welch
Age: 84 †
Born: 1935
Born: November 19
Died: 2020
Died: March 1
Author
Businessperson
Engineer
Journalist
Manager
Writer
Peabody
Massachusetts
John Francis Welch
Jr.
John Francis Jack Welch
Jr.
Three
Cash
Two
Communicate
King
Competition
Kings
Number
Numbers
Talking
Bury
More quotes by 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
Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
Jack Welch
If you're a leader and you're the smartest guy in the world - in the room, you've got real problems.
Jack Welch
Above all, good leaders are open. They go up, down, and around their organization to reach people. They don't stick to the established channels. They're informal. They're straight with people. They make a religion out of being accessible. They never get bored telling their story.
Jack Welch
If you reward candor, you'll get it.
Jack Welch
Cash is king. Get every drop of cash you can get and hold onto it.
Jack Welch
On the face of it, shareholder value is the dumbest idea in the world.
Jack Welch
The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
Jack Welch
Insecure managers create complexity. Frightened, nervous managers use thick convoluted planning books and busy slides filled with everything they’ve known since childhood……. They worry that if they’re simple, people will think they’re simple minded. In reality, of course, it’s just the reverse. Clear, tough minded people are the most simple.
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Protecting underperformers always backfires.
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The biggest opportunity for big companies has come by far in the digitization of internal processes.
Jack Welch
You can't behave in a calm, rational manner. You've got to be out there on the lunatic fringe.
Jack Welch
You talk about seeing around corners as an element of success. That's what differentiates the good leader. Not many people have it. Not many people can predict that corner. That would be a characteristic of great leaders.
Jack Welch
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.
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Real change agents comprise less than 10% of all business people.
Jack Welch
I don't feel under-taxed in any way at all.
Jack Welch
Business success is less a function of grandiose predictions than it is a result of being able to respond rapidly to real changes as they occur.
Jack Welch
All of management is about self-confidence
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
Companies don't give job security. Only satisfied customers do.
Jack Welch
