Quotes from Jack Welch

Forget the arduous, intellectualized number crunching and data grinding that gurus say you have to go through to get strategy right. Forget the scenario planning, yearlong studies, and hundred-plus-page reports. They're time-consuming and expensive, and you just don't need them. In real life, strategy is actually very straightforward. You pick a general direction and implement like hell.

Look, anyone can manage for the short term—just keep squeezing the lemon. And anyone can manage for the long—just keep dreaming. You were made a leader because someone believed you could squeeze and dream at the same time.

Achieving work-life balance is a process. Getting it right is iterative. You get better at it with experience and observation, and eventually, after some time passes, you notice it's not getting harder anymore. It's just what you do.

GE's system of differentiation, which separates employees into three performance categories and manages them up or out accordingly.

Today, all arrows point toward the biotech, nanotech, and information technology industries, and the convergence among them.

I always follow 4E's wrapped in a 'P

Los líderes existen, en gran medida, para dar sentido —propósito— a sus equipos; para, de manera incansable, apasionadamente, explicar: «Vamos hacia allí. Por tal y tal motivo. Así es como vamos a llegar. Así es como encajas tú. Y esto es lo que vas a ganar con todo esto».

Reducing a complex problem to a simple chart excited the

It sounds awful, but a crisis rarely ends without blood on the floor. That's not easy or pleasant. But sadly, it is often necessary so the company can move forward again.

when the rate of change inside an institution becomes slower than the rate of change outside, the end is in sight. The only question is when.

Look, winning and losing can't be quantified. They are states of mind, and losing happens only when you give up. Seen that way, then, the world can be filled with winners, and there is room for them all.

Control your own destiny, or someone else will.

I might not be the brightest bulb in the chandelier, but I'm pretty good at getting most of the other bulbs to light up.

If work is just going in every day and getting a check, it's an ugly life. When you can make work a meaningful purpose, you've hit the jackpot for people.

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

We know where most of the creativity, the innovation, the stuff that drives productivity lies - in the minds of those closest to the work.

No one can guarantee you a job other than satisfied customers. That's the only thing that works. Nothing creates work other than products and services you provide that create satisfied customers.

Its a marathon, its not a sprint. Ten years. Fifteen years. You've got to get up everyday, with a new idea, a new spin, and you've got to bring it to work, every day

My bosses cautioned me about my candor. Now my GE career is over, and I'm telling you that it was my candor that helped make it work.

One of the ways we'll know that Work-Out has been successful is that my style of leadership will no longer be tolerated in this company.

Not surprisingly, work-life moaners tend to be a phenomenon of below-average performers.

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.

The team with the best players usually does win - this is why you need to invest the majority of your time and energy in developing your people.

The thing it taught me was that winning's a helluva lot more fun than losing. It also taught me that the team with the best players that worked together the best wins.