Quote

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.

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.
Deals
Making
Attractive
Inspirational
Offer
Wanted
Clearly
Make
Quickly
Property
Offers
Deal

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The secret of success is changing the way you think.
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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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Someone, somewhere has a better idea.
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When it's time to let someone go, do it right. No surprises. No humiliation.
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Change has no constituency and a perceived revolution has even less.
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There are only two sources of competitive advantage: the ability to learn more about our customers faster than the competition and the ability to turn that learning into action faster than the competition.
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Simple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making.
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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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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.
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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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In manufacturing, we try to stamp out variance. With people, variance is everything.
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Failing to differentiate among employees — and holding on to bottom-tier performers — is actually the cruelest form of management there is.
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People who are coaches will be the norm. Other people won't get promoted.
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We have the brand, and we have the fulfillment capability. Now we had to get the Net, and that's the easiest part of the game.
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If you can't energize others, you can't be a leader.
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