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If your CFO is more important than your CHRO (Chief Human Resource Officer) you're nuts!
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.
Human
Humans
Officer
Important
Resource
Officers
Nuts
Chief
Chiefs
Resources
More quotes by Jack Welch
We know where most of the creativity, the innovation, the stuff that drives productivity lies-in the minds of those closest to the work. It's been there in front of our noses all along while we've been running around chasing robots and reading books on how to become Japanese-or at least manage like them.
Jack Welch
Strategy is not a lengthy action plan. It is the evolution of a central idea through continually changing circumstances.
Jack Welch
On the face of it, shareholder value is the dumbest idea in the world.
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
We bring together the best ideas - turning the meetings of our top managers into intellectual orgies.
Jack Welch
You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand.
Jack Welch
Genuine leadership comes from the quality of your vision and your ability to spark others to extraordinary performance.
Jack Welch
Don't lose youself on the way to the top.
Jack Welch
You can't behave in a calm, rational manner. You've got to be out there on the lunatic fringe.
Jack Welch
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.
Jack Welch
Again, your challenge is not just to improve. It is to break the service paradigm in your industry or market so that customers aren't just satisfied, they're so shocked that they tell strangers on the street how good you are.
Jack Welch
Give me a highly successful unionized industry.
Jack Welch
We have built a company with a business mix and operating system that will allow us to deliver record results in any foreseeable economic climate, ... We have just completed a very successful management transition and I've never been more confident about the company's future.
Jack Welch
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.
Jack Welch
I was afraid of the internet... because I couldn't type.
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
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.
Jack Welch
Trust happens when leaders are transparent.
Jack Welch
A strategy is something like, an innovative new product globalization, taking your products around the world be the low-cost producer. A strategy is something you can touch you can motivate people with be number one and number two in every business. You can energize people around the message.
Jack Welch
First and most obvious, bring out the three old warhorses of competition - cost, quality, and service - and drive them to new levels, making every person in the organization see them for what they are, a matter of survival.
Jack Welch
