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.

Jack Welch

Jack Welch

Profession: Businessman
Nationality: American

Some suggestions for you :

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.

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.

Be candid with everyone.

The biggest cowards are managers who don't let people know where they stand.

An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.

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

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.

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.

CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it.

There are only three measurements that tell you nearly everything you need to know about your organization's overall performance: employee engagement, customer satisfaction, and cash flow.

The essence of competitiveness is liberated when we make people believe that what they think and do is important - and then get out of their way while they do it.

Control your own destiny or someone else will.

I've learned that mistakes can often be as good a teacher as success.