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Business Quotes by Jack Welch

48 Business quotes by Jack Welch

All Business quotes Jack Welch’s page

Jack Welch stresses that a clear vision helps everyone move in the same direction. He says a good mission statement should answer the question, ‘How do we intend to win?’ He also notes that a top performer can be replaced within hours to show the company matters more than any single person.

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Every employee, not just the senior people, should know how a company is doing.

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The main social responsibility for a company is to win.

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Leading a big company means never allowing a company to take itself too seriously.

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Make winners out of every business in your company. Don't carry losers.

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Real change agents comprise less than 10% of all business people.

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The 3Ss of Winning in business are speed, simplicity, and self-confidence.

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The Internet is the Viagra of big business.

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No company, small or large, can win over the long run without energized employees who believe in the mission and understand how…

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Any company trying to compete...must figure out a way to engage the mind of every employee.

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Business is a game, and as with all games, the team that puts the best people on the field and gets them…

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HR should be every company's killer app. What could possibly be more important than who gets hired?

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“In my experience, an effective mission statement basically answers one question: How do we intend to win in this business?”

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An overburdened, overstretched executive is the best executive, because he or she doesn't have the time to meddle, to deal in trivia,…

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Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.

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I believe social responsibility begins with a strong, competitive company. Only a healthy enterprise can improve and enrich the lives of people…

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Focus on a few key objectives ... I only have three things to do. I have to choose the right people, allocate…

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We have built a company with a business mix and operating system that will allow us to deliver record results in any…

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If you don't have public hangings for bad culture in a company, if you don't take people out and let them say,…

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Drucker said: 'If you weren't already in this business, would you enter it today? And if not, what are you going to…

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No one is doing something in your business - getting a sale, having a key customer, working on an R&D project -…

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I believe that in any initiative, you can't have a flavor of the month. When you believe something is profound in a…

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In order to lead a country or a company, you've got to get everybody on the same page and you've got to…

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Your goal, in other words, should be to make your bosses smarter, your team more effective, and the whole company more competitive…

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Innovation is not a big breakthrough invention every time. Innovation is a constant thing. But if you don't have an innovative company…

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Common mission trap for companies: trying to be all things to all people at all times.

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...I think that ideally that is how a company works. It becomes a place of ideas, not a place of position.

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What business could be mature when you have economies with more than 2 billion people in India, China and Southeast Asia?

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If I had to run a company on three measures, those measures would be customer satisfaction, employee satisfaction and cash flow.

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Arrogance is a killer, and wearing ambition on one's sleeve can have the same effect. There is a fine line between arrogance…

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

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The biggest opportunity for big companies has come by far in the digitization of internal processes.

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GE's businesses turned in a terrific first quarter. Our products and services are being well received in unusually robust global markets.

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Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.

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One of the ways we'll know that Work-Out has been successful is that my style of leadership will no longer be tolerated…

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Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.

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Business success is less a function of grandiose predictions than it is a result of being able to respond rapidly to real…

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People always overestimate how complex business is. This isn't rocket science. We've chosen one of the world's simplest professions.

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A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their…

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Ideally, the star will be replaced within eight hours. This sends the message that no single individual is bigger than the company.

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Public hangings are teaching moments. Every company has to do it. A teaching moment is worth a thousand CEO speeches. CEOs can…

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More by Jack Welch

When the amount of change externally exceeds the amount of change internally, the end is in sight.

I think the move by Mr. Greenspan was welcomed by everyone here.

Take lack of candor. ... I'm not talking about boldface lying, but a tendency to withhold information. That behavior is far more common, and…

Failing to differentiate among employees — and holding on to bottom-tier performers — is actually the cruelest form of management there is.

We know where most of the creativity, the innovation, the stuff that drives productivity lies - in the minds of those closest to the…

Simple messages travel faster, simpler designs reach the market faster and the elimination of clutter allows faster decision making.

So every time you think about your work-life balance issue, remember what your boss is thinking about - and that's winning. Your needs may…

Wright is a visionary with a great strategic mind, and he's a strong business leader with outstanding people skills, ... He's a terrific guy…

In order to lead a country or a company, you've got to get everybody on the same page and you've got to be able…

Real communication is an attitude, an environment. It is the most interactive of all processes. It requires countless hours of eyeball to eyeball, back…

No one is doing something in your business - getting a sale, having a key customer, working on an R&D project - doing anything…

Some people have better ideas than others; some are smarter or more experienced or more creative. But everyone should be heard and respected.

Innovation is not a big breakthrough invention every time. Innovation is a constant thing. But if you don't have an innovative company [team], coming…

Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products.

The essence of competitiveness is liberated when we make people believe that what they think and do is important - and then get out…