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
Its a marathon, its not a sprint. Ten years. Fifteen years. You've got to get up everyday, with a new idea, a new spin, and you've got to bring it to work, every day
The record results for the third quarter once again demonstrate the ability of GE's diverse mix of leading global businesses to deliver top-line growth, increased margins and strong cash generation.
I never put myself out there as an employment agency,
Without 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.
You can't behave in a calm, rational manner. You've got to be out there on the lunatic fringe.
People who are coaches will be the norm. Other people won't get promoted.
Good leaders have a generosity gene.
The main social responsibility for a company is to win.
When it's time to let someone go, do it right. No surprises. No humiliation.
There is no straight line to a dream.
On the face of it, shareholder value is the dumbest idea in the world,
My bosses cautioned me about my candor. Now my GE career is over, and I'm telling you that it was my candor that helped make it work.
Lack of candor blocks smart ideas, fast action, and good people contributing all the stuff they've got. It's a killer.
I am often asked if leaders are born or made. The answer, of course, is both. Some characteristics, like IQ and energy, seem to come with the package. On the other hand, you learn some leadership skills, like self-confidence, at your mother's knee, and at school, in academics and sports. And you learn others at work-trying something, getting it wrong and learning from it, or getting it right and gaining the self-confidence to do it again, only better.