Quote

The story about GE that hasn't been told is the value of an informal place. I think it's a big thought. I don't think people have ever figured out that being informal is a big deal.

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.
Ever
Deals
Think
Told
Thinking
Story
People
Values
Informal
Bigs
Figured
Place
Hasn
Stories
Value
Thought
Deal

More quotes by Jack Welch

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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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It is better to act too quickly than it is to wait too long.
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Strategy means making clear-cut choices about how to compete.
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Business is a game, and as with all games, the team that puts the best people on the field and gets them playing together wins. It's that simple.
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In every company, differentiation is never more important than it is in times of trouble, and that's the time when everyone tends to go to the well and equalize rather than differentiate.
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We have the brand, and we have the fulfillment capability. Now we had to get the Net, and that's the easiest part of the game.
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In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States.
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I was afraid of the internet... because I couldn't type.
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The team with the best players wins.
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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.
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In the end, your integrity is all you've got.
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If you've got a company that has a mentality inside that is filled with searching for a better idea every day, not just as a slogan but as a real concept, you will have innovation around you all the time.
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If you managed a baseball team, would you listen more closely to the team accountant or the director of player personnel?
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We know where most of the creativity, the innovation, the stuff that drives productivity lies-in the minds of those closest to the work. It's been there in front of our noses all along while we've been running around chasing robots and reading books on how to become Japanese-or at least manage like them.
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In real life, strategy is actually very straightforward. You pick a general direction and implement like hell.
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If you get the best people on your team, you've got plenty of time to do the things you like to do and can add more value to.
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Leaders relentlessly upgrade their team, using every encounter as an opportunity to evaluate, coach, and build self-confidence.
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If work is just going in every day and getting a check, it's an ugly life. When you can make work a meaningful purpose, you've hit the jackpot for people.
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No vision is worth the paper it's printed on unless it is communicated constantly and reinforced with rewards.
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The team with the best players usually does win - this is why you need to invest the majority of your time and energy in developing your people.
Jack Welch