A strategy is something like, an innovative new product; globalization, taking your products around the world; be the low-cost producer. A strategy is something you can touch; you can motivate people with; be number one and number two in every business. You can energize people around the message.

By 1999 he was named "Manager of the Century" by Fortune magazine. Jones. Welch has received criticism for a lack of compassion for the middle class and working class.

(born (1935-11-19)November 19 1935) is an American business executive author and former chemical engineer. In 2006 Welch's net worth was estimated at $720 million.