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 WelchShort cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business.
Jack Welch