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The hero is the one with ideas.
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.
Ideas
Hero
More quotes by Jack Welch
Real change agents comprise less than 10% of all business people.
Jack Welch
Public hangings are teaching moments. Every company has to do it. A teaching moment is worth a thousand CEO speeches. CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it.
Jack Welch
Ninety-nine point nine percent of all employees are in the pile because they don't think.
Jack Welch
I wanted to change the rules of engagement, asking for more- from fewer. I was insisting that we had to have only the best people...If you wanted excellence, at a minimum, the ambience had to reflect excellence.
Jack Welch
Strategy is simply resource allocation. When you strip away all the noise, that's what it comes down to. Strategy means making clear cut choices about how to compete. You cannot be everything to everybody, no matter what the size of your business or how deep its pockets.
Jack Welch
If you managed a baseball team, would you listen more closely to the team accountant or the director of player personnel?
Jack Welch
Someone, somewhere has a better idea.
Jack Welch
Strategy is not a lengthy action plan. It is the evolution of a central idea through continually changing circumstances.
Jack Welch
Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.
Jack Welch
In any bad situation you can not let yourself be a victim.
Jack Welch
I don't think environmentalists have the slightest reason to be concerned about globalization because every time you move a plant to a new place you upgrade the neighborhood. You put in global standards. You put in modern plants. And all the plants around it get improved.
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
First and most obvious, bring out the three old warhorses of competition - cost, quality, and service - and drive them to new levels, making every person in the organization see them for what they are, a matter of survival.
Jack Welch
Cash is king. Get every drop of cash you can get and hold onto it.
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
Change has no constituency and a perceived revolution has even less.
Jack Welch
The main social responsibility for a company is to win.
Jack Welch
When employees underperform, a leader tells them so.
Jack Welch
We bring together the best ideas - turning the meetings of our top managers into intellectual orgies.
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