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

Change background

T
T
T

Change font

TAGS & TOPICS

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

More quotes by Jack Welch

Image
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
Image
We know where most of the creativity, the innovation, the stuff that drives productivity lies - in the minds of those closest to the work.
Jack Welch
Image
The hero is the one with ideas.
Jack Welch
Image
Control your own destiny or someone else will.
Jack Welch
Image
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.
Jack Welch
Image
Change before you have to.
Jack Welch
Image
You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand.
Jack Welch
Image
Getting every employee's mind into the game is a huge part of what a CEO job is all about. Taking everyone's best ideas and transferring them to others is the secret. There's nothing more important.
Jack Welch
Image
One of the things about leadership is that you cannot be a moderate, balanced, thoughtful, careful articulator of policy. You've got to be on the lunatic fringe.
Jack Welch
Image
Simple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making.
Jack Welch
Image
The team with the best players wins.
Jack Welch
Image
The value decade is upon us. If you can't sell a top-quality product at the world's lowest price, you're going to be out of the game.
Jack Welch
Image
When all is said and done, teaching is what I try to do for a living.
Jack Welch
Image
Be candid with everyone.
Jack Welch
Image
Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
Jack Welch
Image
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
Image
The thing it taught me was that winning's a helluva lot more fun than losing. It also taught me that the team with the best players that worked together the best wins.
Jack Welch
Image
Managers often hold on to resisters because of a specific skill set or because they've been around for a long time. Don't.
Jack Welch
Image
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.
Jack Welch
Image
A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.
Jack Welch