Quotes from Jack Welch

If the rate of change on the outside exceeds the rate of change on the inside, the end is near.

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

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.

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

If you are not confused, you don´t know what is going on.

It is better to act too quickly than it is to wait too long.

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

You can look at the situation and feel victimized. Or you can look at it and be excited about conquering the challenges and opportunities it presents.

Common mission trap for companies: trying to be all things to all people at all times.

When you become a leader success is all about growing others.

Control your own Destiny or somebody else will

Effective people know when to stop assessing and make a tough call, even without total information. Little is worse than a manager who can't cut bait.

Take every opportunity to inject self-confidence into those who have earned it. Use ample praise, the more specific the better.

When launching something new, you have to go for it—"playing not to lose" can never be an option.

Don't lose youself on the way to the top.

No vision is worth the paper it's printed on unless it is communicated constantly and reinforced with rewards.

When you own your choices, you own their consequences.

The mission announces exactly where you are going, and the values describe the behaviors that will get you there.

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

When you are a leader, your job is to have all the questions. You have to be incredibly comfortable looking like the dumbest person in the room. Every conversation you have about a decision, a proposal, or a piece of market information has to be filled with you saying, "What if?" and "Why not?" and "How come?

IT'S SAID that you can only live life forward and understand it backward.

Differentiation favors people who are energetic and extroverted and undervalues people who are shy and introverted, even if they are talented.

Underneath, you would surely see that the best care passionately about their people—about their growth and success. And you would see that they themselves are comfortable in their own skins. They're real, filled with candor and integrity, optimism and humanity.

The third way is less common and certainly less of a layup—a culture of integrity, meaning a culture of honesty, transparency, fairness, and strict adherence to rules and regulations. In such cultures, there can be no head fakes or winks. People who break the rules do not leave the company for "personal reasons" or to "spend more time with their families." They are hanged—publicly—and the reasons are made painfully clear to everyone.