I actually think that the economy has got some positives. It’s got the market. It’s got consumer confidence and it’s got banks throwing – I mean central bankers throwing money at it around the world. Jack Welch Read Quote
Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business. Jack Welch Read Quote
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 Read Quote
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 Read Quote
The essence of competitiveness is liberated when we make people believe that what they think and do is important – and then get out of their way while they do it. Jack Welch Read Quote
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 Read Quote
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 Read Quote
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 to have a vision of where you’re going. America can’t have a vision of health care for everybody, green economy, regulations – can’t have a bunch of piece-meal activities. It’s got to have a vision. Jack Welch Read Quote
