#u

Culture drives great results. ↗

— Jack Welch

#drives #great #great results #results

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

If you have a reputation as a big, stiff bureaucracy, you're stuck. ↗

— Jack Welch

#bureaucracy #reputation #stiff #stuck #you

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

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

#balancing #eat #grow #long #long-term