If you managed a baseball team, would you listen more closely to the team accountant or the director of player personnel?
Jack WelchA 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 WelchGlobalization is now no longer an objective but an imperative, as markets open and geographic barriers become increasingly blurred and even irrelevant.
Jack WelchInnovation is not a big breakthrough invention every time. Innovation is a constant thing. But if you don't have an innovative company [team], coming to work everyday to find a better way, you don't have a company[team]. You're getting ready to die on the vine. You're always looking for the next innovation, the next niche, the next product improvement, the next service improvement. But always trying to get better.
Jack Welch