#ch

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. ↗

— Jack Welch

#business #every #globalization #innovative #like

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

#capital #changed #company #find #globalization

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

#chewing #chewing gum #commitments #deliver #delivering

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

#century #china #company #couple #dollars

Out-innovating them is the way to beat China. And to do everything that we do in this country to support innovative policy, that drives innovation and new products and more jobs and creates jobs. You can't - you can't put a wall up around here. We tried that in the '30s. It didn't work. ↗

— Jack Welch

#beat #china #country #creates #drives

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

#ceo #ceos #company #could #cultural

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

— Jack Welch

#business #businesses #chemical #credit #cycle

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

#brains #bring #challenges #combination #compared

Nobody would take checks from Indians, nobody would give them any credit, and nobody would let them drink in the bars. There was a rudeness, a brusqueness, with which the Indians were treated constantly. At a very young age, that had entered my consciousness. ↗

— James Welch

#any #bars #checks #consciousness #constantly

Richard Hugo taught me that anyone with a desire to write, an ear for language and a bit of imagination could become a writer. He also, in a way, gave me permission to write about northern Montana. ↗

— James Welch

#also #anyone #become #bit #could