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" The team with the best players wins. "
Jack Welch
Players
Wins
Best
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" 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 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
" 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
" You measure your people and you take action on those that don't measure up. "
Jack Welch
Up
Your
You
" 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
" I was afraid of the internet... because I couldn't type. "
Jack Welch
Internet
Computers
Afraid
" Give me a highly successful unionized industry. "
Jack Welch
Give Me
Me
Give
" 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
Day
Culture
Moments
" Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while. "
Jack Welch
Strength
Company
Change
" 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
" The biggest cowards are managers who don't let people know where they stand. "
Jack Welch
Cowards
Where
Stand
" 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
" 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
" 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
" 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
" Be candid with everyone. "
Jack Welch
Everyone
Candid
" 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
" Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion. "
Jack Welch
Create
Good
Vision
" If you have a reputation as a big, stiff bureaucracy, you're stuck. "
Jack Welch
Reputation
Big
Bureaucracy
" Face reality as it is, not as it was or as you wish it to be. "
Jack Welch
Reality
Face
Wish
" 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
" One of the jobs of a manager is to instill confidence, pump confidence into your people. And when you've got somebody who's raring to go and you can smell it and feel it, give 'em that shot. "
Jack Welch
People
Manager
Confidence
" An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage. "
Jack Welch
Organization
Business
Learning
" 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 you don't have a competitive advantage, don't compete. "
Jack Welch
Compete
Advantage
Competitive
" 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
" Culture drives great results. "
Jack Welch
Culture
Great
Results
" 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
" 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