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All Quotes by author - Jack Welch

" An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage. "

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

" 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. "

" Be candid with everyone. "

" Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others. "

" 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. "

" Change before you have to. "

" Control your own destiny or someone else will. "

" Culture drives great results. "

" Don't manage - lead change before you have to. "

" Face reality as it is, not as it was or as you wish it to be. "

" Give me a highly successful unionized industry. "

" Giving people self-confidence is by far the most important thing that I can do. Because then they will act. "

Self-Confidence

" 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. "

" Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion. "

" 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. "

" I don't feel under-taxed in any way at all. "

" 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. "

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

" 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. "

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

" If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them. "

" In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States. "

" 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. "

" I've learned that mistakes can often be as good a teacher as success. "

" I was afraid of the internet... because I couldn't type. "

" I was never the smartest guy in the room. From the first person I hired, I was never the smartest guy in the room. And that's a big deal. And if you're going to be a leader - if you're a leader and you're the smartest guy in the world - in the room, you've got real problems. "

" Management is all about managing in the short term, while developing the plans for the long term. "

" My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too. "

" Number one, cash is king... number two, communicate... number three, buy or bury the competition. "

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