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Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
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.
Term
Sinks
Five
Earnings
Inspirational
Squeeze
Years
Jerk
Earning
Later
Short
Company
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For a large corporation to be effective, it must be simple. For an organization to be simple, its people must have self-confidence and intellectual self-assurance. Insecure managers create complexity, real leaders do not clutter.
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Stretch targets energize. We have found that by reaching for what appears to be the impossible, we often actually do the impossible and even when we don't quite make it, we inevitably wind up doing much better than we would have done.
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When I stop learning something new and start talking about the past versus the future, I will go.
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