When I stop learning something new and start talking about the past versus the future, I will go.
Jack WelchNinety-nine point nine percent of all employees are in the pile because they don't think.
Jack WelchIn real life, strategy is actually very straightforward. You pick a general direction and implement like hell.
Jack WelchThe team with the best players usually does win - this is why you need to invest the majority of your time and energy in developing your people.
Jack WelchTake the middle 70 percent and tell them what they need to do to get into the top 20 percent.
Jack WelchThe last thing you want to do is be a bore. When you wake up in the morning, give yourself a good mirror test. If you look like youโre going to be a sulking, pouting bore, slap yourself in the face before you go out to the office.
Jack WelchIf you're a leader and you're the smartest guy in the world - in the room, you've got real problems.
Jack WelchShareholder value is a result, not a strategyโ.โ.โ.โYour main constituencies are your employees, your customers and your products.
Jack WelchWithout doubt, there are lots of ways to measure the pulse of a business. But if you have employee engagement, customer satisfaction, and cash flow right, you can be sure your company is healthy and on the way to winning.
Jack WelchManagers often hold on to resisters because of a specific skill set or because they've been around for a long time. Don't.
Jack WelchDon't take a job because your mother wants you to. Don't be a victim. You own your decision.
Jack WelchThe biggest opportunity for big companies has come by far in the digitization of internal processes.
Jack WelchToo often we measure everything and understand nothing. The three most important things you need to measure in a business are customer satisfaction, employee satisfaction, and cash flow. If youโre growing customer satisfaction, your global market share is sure to grow, too. Employee satisfaction gets you productivity, quality, pride, and creativity. And cash flow is the pulseโthe key vital sign of a company.
Jack WelchAny time there is change, there is opportunity. So it is paramount that an organization get energized rather than paralyzed.
Jack WelchGreat leaders love to see people grow. The day you are afraid of them being better than you is the day you fail as a leader.
Jack WelchYour goal, in other words, should be to make your bosses smarter, your team more effective, and the whole company more competitive because of your energy, creativity, and insights.
Jack WelchYou can't grow long-term if you can't eat short-term. Anybody can manage short. Anybody can manage long. Balancing those two things is what management is.
Jack WelchThe thing it taught me was that winning's a helluva lot more fun than losing. It also taught me that the team with the best players that worked together the best wins.
Jack WelchThe most important job you have is growing your people, giving them a chance to reach their dreams.
Jack WelchSimple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making.
Jack WelchThe binders, the charts, the grids may seem formidable, but the meetings themselves are built around informality, trust, emotion and humor.
Jack WelchIf you get the best people on your team, you've got plenty of time to do the things you like to do and can add more value to.
Jack WelchI'm not perfect, but if there are any points given for caring about people with every fiber of your being and giving life all you've got every day, then I suppose I have a shot.
Jack WelchSix Sigma is a quality program that, when all is said and done, improves your customers' experience, lowers your costs, and builds better leaders.
Jack WelchI think every leader has an obligation - the absolute obligation - to treat everyone fairly. But they also have the obligation to treat everyone differently. Because people aren't all the same, and the last thing you ever want to do, in my opinion, is let the best in your organization be treated like the worst in your organization. It does nothing for your future.
Jack WelchIn my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States.
Jack WelchWe 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.
Jack WelchThe productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard.
Jack WelchOut-innovating them is the way to beat China. And to do everything that we do in this country to support innovative policy, that drives innovation and new products and more jobs and creates jobs. You can't - you can't put a wall up around here. We tried that in the '30s. It didn't work.
Jack WelchAs leaders, we owe it to every employee to let them know where they stand in the organization.
Jack WelchI 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.
Jack WelchShareholder value is the result of you doing a great job, watching your share price go up, your shareholders win, and dividends increasing. What happens when you have increasing shareholder value? You're delivering better employees to their communities and they can give back. Communities are winning because employees are involved in mentoring and all these other things. Customers are winning because you're providing them new products.
Jack WelchAs a leader, you have no right to have any employee wonder how they fit in and where they are going.
Jack WelchIf GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.
Jack WelchBusiness is a game, and as with all games, the team that puts the best people on the field and gets them playing together wins. It's that simple.
Jack Welch