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In manufacturing, we try to stamp out variance. With people, variance is everything.
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.
Variance
Stamp
Manufacturing
Stamps
Everything
Trying
People
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The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard.
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I believe that in any initiative, you can't have a flavor of the month. When you believe something is profound in a company, you can not be a logical leader. You have to go to the lunatic fringe. There is no way that logic is what you need to change people.
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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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They were making a deal for a property that clearly was a property that we wanted to own, so we had to act, and act as quickly as we could, and make the offer more attractive.
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We've only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained?
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If you're a leader and you're the smartest guy in the world - in the room, you've got real problems.
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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.
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