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" 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. "

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" 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

" You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand. "

" 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. "

" You measure your people and you take action on those that don't measure up. "

Jack Welch

Your

You

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

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

" The biggest cowards are managers who don't let people know where they stand. "

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

" The story about GE that hasn't been told is the value of an informal place. I think it's a big thought. I don't think people have ever figured out that being informal is a big deal. "

" 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. "

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

" 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. "

" Strong managers who make tough decisions to cut jobs provide the only true job security in today's world. Weak managers are the problem. Weak managers destroy jobs. "

" Change before you have to. "

" 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%. "

" 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. "

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

" Control your own destiny or someone else will. "

" 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. "

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

" 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. "

" Culture drives great results. "

" Give me a highly successful unionized industry. "

Jack Welch

Give Me

Give

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

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

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

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

" 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

Loss

" 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. "

" 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. "