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" Giving people self-confidence is by far the most important thing that I can do. Because then they will act. "
Jack Welch
I Can
People
Self-Confidence
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" The essence of competitiveness is liberated when we make people believe that what they think and do is important - and then get out of their way while they do it. "
Jack Welch
Important
Believe
Think
" 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
Success
Strategy
You
" There's no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences. "
Jack Welch
Choices
Consequences
Balance
" 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
Money
Confidence
Mean
" The Internet is the Viagra of big business. "
Jack Welch
Big
Big Business
Business
" If you don't have a competitive advantage, don't compete. "
Jack Welch
Compete
Advantage
Competitive
" 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
Employees
Name
People
" Control your own destiny or someone else will. "
Jack Welch
Someone
Own
Future
" 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
Strategy
Next
Loss
" Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later. "
Jack Welch
Company
Five
Jerk
" You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand. "
Jack Welch
People
Got
Know
" Management is all about managing in the short term, while developing the plans for the long term. "
Jack Welch
Long
Managing
Plans
" An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage. "
Jack Welch
Organization
Business
Learning
" Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion. "
Jack Welch
Create
Good
Vision
" I don't feel under-taxed in any way at all. "
Jack Welch
Feel
Any
Way
" What's important at the grocery store is just as important in engines or medical systems. If the customer isn't satisfied, if the stuff is getting stale, if the shelf isn't right, or if the offerings aren't right, it's the same thing. You manage it like a small organization. You don't get hung up on zeros. "
Jack Welch
Medical
You
Small
" The biggest cowards are managers who don't let people know where they stand. "
Jack Welch
Cowards
Where
Stand
" 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
Long
You
Management
" Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business. "
Jack Welch
Credit
Short
Food
" Change before you have to. "
Jack Welch
Change
Before
You
" 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. "
Jack Welch
Water
Weeds
Job
" We've only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained? "
Jack Welch
Who
Said
Only
" 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
World
Find
Best
" Don't manage - lead change before you have to. "
Jack Welch
Lead
Manage
Before
" 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. "
Jack Welch
Right
You
People
" You measure your people and you take action on those that don't measure up. "
Jack Welch
Up
Your
You
" In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States. "
Jack Welch
Run
United States
Leader
" 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
Enough
New
Software
" The idea flow from the human spirit is absolutely unlimited. All you have to do is tap into that well. I don't like to use the word efficiency. It's creativity. It's a belief that every person counts. "
Jack Welch
Creativity
Flow
Efficiency
" Give me a highly successful unionized industry. "
Jack Welch
Give Me
Me
Give