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" 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. "

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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. "

" 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%. "

" 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. "

" Change before you have to. "

" Control your own destiny or someone else will. "

" 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. "

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

" 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. "

" Culture drives great results. "

" There's no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences. "

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

" 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. "

" The team with the best players wins. "

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

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

" 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. "

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

Self-Confidence

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

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

" We've only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained? "

" The Internet is the Viagra of big business. "

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

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

" 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. "

" Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while. "

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

" 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. "

" 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. "

" 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. "

" 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. "