#co

If you don't have a competitive advantage, don't compete. ↗

— Jack Welch

#compete #competitive #competitive advantage #you

Well, you know, if you get into the profession because you think you can make a lot of money, you can never become successful. ↗

— Martin Yan

#become #get #into #know #lot

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

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

— Jack Welch

#company #earnings #five #jerk #later

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

#around #bankers #banks #central #confidence

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

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

#company #crazy #culture #family #home

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

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