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If we don't create private sector jobs and just - just creating public sector jobs, we're going nowhere. This is a bad game. You've got to have innovation. You've got to have tax policies that support innovation.
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.
Jobs
Taxes
Going
Creating
Policy
Game
Sector
Create
Policies
Public
Nowhere
Support
Innovation
Games
Private
More quotes by Jack Welch
As a leader, you have no right to have any employee wonder how they fit in and where they are going.
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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.
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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.
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Don't make the process harder than it is.
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Just because you are the boss doesn't mean you are the source of all knowledge.
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Leaders relentlessly upgrade their team, using every encounter as an opportunity to evaluate, coach, and build self-confidence.
Jack Welch
The best thing workers can bring to their jobs is a lifelong thirst for learning.
Jack Welch
Ninety-nine point nine percent of all employees are in the pile because they don't think.
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.
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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 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.
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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.
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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?
Jack Welch
If you want risk taking, set an example yourself and reward and praise those that do.
Jack Welch
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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Strategy is not a lengthy action plan. It is the evolution of a central idea through continually changing circumstances.
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You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand.
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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.
Jack Welch
For a large corporation to be effective, it must be simple. For an organization to be simple, its people must have self-confidence and intellectual self-assurance. Insecure managers create complexity, real leaders do not clutter.
Jack Welch
