The team with the best players wins.

Jack Welch

Jack Welch

Profession: Businessman
Nationality: American

Some suggestions for you :

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

Control your own destiny or someone else will.

Culture drives great results.

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

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.

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.

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

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.

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.

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%.

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.

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.