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.

Quote by Jack Welch

Topics: Jack Welch Quotes

I was afraid of the internet... because I couldn't type.

I was afraid of the internet... because I couldn't type.

Control your own destiny or someone else will.

Control your own destiny or someone else will.

The Internet is the Viagra of big business.

The Internet is the Viagra of big business.

Strong managers who make tough decisions to cut jobs provide the only true job security...

Strong managers who make tough decisions to cut jobs provide the only true job security...

Be candid with everyone.

Be candid with everyone.

Number one, cash is king... number two, communicate... number three, buy or bury the competition.

Number one, cash is king... number two, communicate... number three, buy or bury the competition.

Giving people self-confidence is by far the most important thing that I can do. Because...

Giving people self-confidence is by far the most important thing that I can do. Because...

Strong managers who make tough decisions to cut jobs provide the only true job security...

Strong managers who make tough decisions to cut jobs provide the only true job security...

Giving people self-confidence is by far the most important thing that I can do. Because...

Giving people self-confidence is by far the most important thing that I can do. Because...

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

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

My main job was developing talent. I was a gardener providing water and other nourishment...

My main job was developing talent. I was a gardener providing water and other nourishment...

We've only been wealthy in this country for 70 years. Who said we ought to...

We've only been wealthy in this country for 70 years. Who said we ought to...

It's [the internet] like the flu - it just spreads like crazy.

It's [the internet] like the flu - it just spreads like crazy.

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

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

Give me a highly successful unionized industry.

Give me a highly successful unionized industry.

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

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

Globalization has changed us into a company that searches the world, not just to sell...

Globalization has changed us into a company that searches the world, not just to sell...

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

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

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

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

The essence of competitiveness is liberated when we make people believe that what they think...

The essence of competitiveness is liberated when we make people believe that what they think...