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The main social responsibility for a company is to win.
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.
Social
Main
Responsibility
Company
Winning
More quotes by 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
Don't lose youself on the way to the top.
Jack Welch
Take lack of candor. ... I'm not talking about boldface lying, but a tendency to withhold information. That behavior is far more common, and it frustrates teams and bosses to no end.
Jack Welch
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
People aren't the same. Business is, in my opinion, all about the team that fields the best players. It's not about an idea. An idea goes away. Somebody catches up with it. It's not about a widget.
Jack Welch
HR should be every company's killer app. What could possibly be more important than who gets hired?
Jack Welch
Take time to get to know people. Understand where they are coming from, what is important to them. Make sure they are with you.
Jack Welch
It is better to act too quickly than it is to wait too long.
Jack Welch
The team with the best players wins.
Jack Welch
If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them.
Jack Welch
Excellence and competitiveness aren't incompatible with honesty and integrity.
Jack Welch
Companies don't give job security. Only satisfied customers do.
Jack Welch
Failing to differentiate among employees — and holding on to bottom-tier performers — is actually the cruelest form of management there is.
Jack Welch
People always overestimate how complex business is. This isn't rocket science. We've chosen one of the world's simplest professions.
Jack Welch
No one is doing something in your business - getting a sale, having a key customer, working on an R&D project - doing anything that's more important than something you say is going to change the company.
Jack Welch
Control your own destiny or someone else will.
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
Cash is king. Get every drop of cash you can get and hold onto it.
Jack Welch
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.
Jack Welch
Real change agents comprise less than 10% of all business people.
Jack Welch