Jack Welch
Jack Welch
John Francis "Jack" Welch, Jr.is a retired American business executive, author, and chemical engineer. He was chairman and CEO of General Electric between 1981 and 2001. During his tenure at GE, the company's value rose 4,000%. In 2006, Welch's net worth was estimated at $720 million. When he retired from GE he received a severance payment of $417 million, the largest such payment in history...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth19 November 1935
CityPeabody, MA
CountryUnited States of America
Jack Welch quotes about
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.
Managers can waste a lot of time at the outset of a crisis denying that something went wrong. Skip that step.
GE's businesses turned in a terrific first quarter. Our products and services are being well received in unusually robust global markets.
I don't feel under-taxed in any way at all.
Leading a big company means never allowing a company to take itself too seriously.
I’ve learned in a hundred ways that I rarely regretted acting but often regretted NOT acting fast enough.
Change has no constituency and a perceived revolution has even less.
There are advantages to being the chairman. One of my favorite perks was picking out an issue and doing what I called a "deep dive." It's spotting a challenge where you think you can make a difference one that looks like it would be fun and then throwing the weight of your position behind it. Some might justifiably call it "meddling." I've often done this just about everywhere in the company.
One of the ways we'll know that Work-Out has been successful is that my style of leadership will no longer be tolerated in this company.
All of management is about self-confidence
Every great leader has a generosity gene.
What is a budget review? A personal review with numbers
In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States.
Someone, somewhere has a better idea.