If GEs 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. – Jack Welch
Ive learned that mistakes can often be as good a teacher as success. – Jack Welch
If you dont have public hangings for bad culture in a company, if you dont take people out and let them say, they went home to spend more time with the family. Its crazy. – Jack Welch
The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they dont have to work hard. – Jack Welch