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.
Author
Jack Welch
25 quotations
About Jack Welch
John Francis Welch Jr. was an American business executive. He was chairman and CEO of General Electric (GE) between 1981 and 2001. During his 20-year tenure, GE's market value grew from $14 billion to $600 billion, and he has frequently been cited as one of the greatest chief executives of the twentieth century.
Read on Wikipedia → Find books by Jack WelchI've learned that mistakes can often be as good a teacher as success.
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 chewin…
I've learned that mistakes can often be as good a teacher as success.
Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
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.
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…
An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
Advertisement
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.
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 …
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.
Control your own destiny or someone else will.
Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business.
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.
I was afraid of the internet... because I couldn't type.
Number one, cash is king... number two, communicate... number three, buy or bury the competition.
Don't manage - lead change before you have to.
Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
Change before you have to.
Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business.
The Internet is the Viagra of big business.
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 wi…
Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.
Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.