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" 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
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" Giving people self-confidence is by far the most important thing that I can do. Because then they will act. "
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" I've learned that mistakes can often be as good a teacher as success. "
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Good
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Often
" Be candid with everyone. "
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Everyone
Candid
" I was afraid of the internet... because I couldn't type. "
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Internet
Computers
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" The biggest cowards are managers who don't let people know where they stand. "
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Cowards
Where
Stand
" Give me a highly successful unionized industry. "
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Give Me
Me
Give
" 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
People
You
" An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage. "
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Organization
Business
Learning
" 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
" 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
Country
Innovation
Support
" I don't feel under-taxed in any way at all. "
Jack Welch
Feel
Any
Way
" You measure your people and you take action on those that don't measure up. "
Jack Welch
Up
Your
You
" If you don't have a competitive advantage, don't compete. "
Jack Welch
Compete
Advantage
Competitive
" 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. "
Jack Welch
Health
Green
Care
" 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
" 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
" 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
" The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard. "
Jack Welch
Now
Work Hard
Forever
" If you have a reputation as a big, stiff bureaucracy, you're stuck. "
Jack Welch
Reputation
Big
Bureaucracy
" Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later. "
Jack Welch
Company
Five
Jerk
" Don't manage - lead change before you have to. "
Jack Welch
Lead
Manage
Before
" Management is all about managing in the short term, while developing the plans for the long term. "
Jack Welch
Long
Managing
Plans
" 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
Home
Time
People
" 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
" Face reality as it is, not as it was or as you wish it to be. "
Jack Welch
Reality
Face
Wish
" 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
" Change before you have to. "
Jack Welch
Change
Before
You
" Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others. "
Jack Welch
Success
You
Leader
" 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