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The biggest opportunity for big companies has come by far in the digitization of internal processes.
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.
Companies
Biggest
Company
Opportunity
Bigs
Process
Processes
Come
Internals
Internal
More quotes by Jack Welch
The world will belong to passionate, driven leaders - people who not only have enormous amounts of energy, but who can energize those whom they lead.
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If your CFO is more important than your CHRO (Chief Human Resource Officer) you're nuts!
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I don't feel under-taxed in any way at all.
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Hierarchy is an organization with its face toward the CEO and its ass toward the customer.
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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.
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No one can guarantee you a job other than satisfied customers. That's the only thing that works. Nothing creates work other than products and services you provide that create satisfied customers.
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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.
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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 every company, differentiation is never more important than it is in times of trouble, and that's the time when everyone tends to go to the well and equalize rather than differentiate.
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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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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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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.
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Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.
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Protecting underperformers always backfires.
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The hero is the one with ideas.
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In the end, your integrity is all you've got.
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Never miss out on an opportunity like a good recession.
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On the face of it, shareholder value is the dumbest idea in the world.
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You are not a leader to win a popularity contest-you are a leader to lead.
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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
