Quotes by: Jack Welch

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Jack Welch
Welch in 2012
Born John Francis Welch, Jr.
(1935-11-19) November 19, 1935 (age 81)
Peabody, Massachusetts
Residence Boston, Massachusetts
Alma mater University of Massachusetts Amherst
University of Illinois
Occupation
1960, Engineer, GE Chemical Development Organization 1972, GM & VP, GE Plastics 1979, Vice Chairman, GE 1981, Chairman & CEO, GE 2001, Retires from GE
Home town Salem, Massachusetts
Net worth $750 Million (2012)[1]
Political party Republican
Spouse(s) Carolyn B. Osburn (1959-87)
Jane Beasley (1989–2003)
Suzy Wetlaufer (2004–present)

There's no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences.
Jack Welch
One of the jobs of a manager is to instill confidence, pump confidence into your people. And when you've got somebody who's raring to go and you can smell it and feel it, give 'em that shot.
Jack Welch
The biggest cowards are managers who don't let people know where they stand.
Jack Welch
My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too.
Jack Welch
You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand.
Jack Welch
If 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 Welch
I was never the smartest guy in the room. From the first person I hired, I was never the smartest guy in the room. And that's a big deal. And if you're going to be a leader - if you're a leader and you're the smartest guy in the world - in the room, you've got real problems.
Jack Welch
Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
Jack Welch
CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it.
Jack Welch
You 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 Welch
Public hangings are teaching moments. Every company has to do it. A teaching moment is worth a thousand CEO speeches. CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it.
Jack Welch
Number one, cash is king... number two, communicate... number three, buy or bury the competition.
Jack Welch
You've got to eat while you dream. You've got to deliver on short-range commitments, while you develop a long-range strategy and vision and implement it. The success of doing both. Walking and chewing gum if you will. Getting it done in the short-range, and delivering a long-range plan, and executing on that.
Jack Welch
Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital - the world's best talents and greatest ideas.
Jack Welch
Number one, cash is king... number two, communicate... number three, buy or bury the competition.
Jack Welch
Giving people self-confidence is by far the most important thing that I can do. Because then they will act.
Jack Welch
The story about GE that hasn't been told is the value of an informal place. I think it's a big thought. I don't think people have ever figured out that being informal is a big deal.
Jack Welch
If you don't have public hangings for bad culture in a company, if you don't take people out and let them say, they went home to spend more time with the family. It's crazy.
Jack Welch
An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
Jack Welch
The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
Jack Welch
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