Jack Welch Quotes

John Francis "Jack" Welch Jr. is an American business executive, author, and chemical engineer. He was chairman and CEO of General Electric between 1981 and 2001. During his tenure at GE, the company's value rose 4,000%. In 2006, Welch's net worth was estimated at $720 million. When he retired from GE he received a severance payment of $417 million, the largest such payment in history.



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✵ 19. November 1935
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Jack Welch
Jack Welch: 27   quotes 45   likes

Famous Jack Welch Quotes

“When the rate of change outside exceeds the rate of change inside, the end is in sight.”

Variant: If the rate of change on the outside exceeds the rate of change on the inside, the end is near.

Jack Welch Quotes about people

“Business has to be fun. For too many people, it's "just a job."”

Source: Jack: Straight from the Gut (2001), Ch. 24.

“Getting the right people in the right jobs is a lot more important than developing a strategy.”

Source: Jack: Straight from the Gut (2001), Ch. 24.

Jack Welch Quotes about business

“At the heart of this culture is an understanding that an organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive business advantage.”

Cited in: Robert Slater (1998), Jack Welch & The G.E. Way: Management Insights and Leadership. p. 12

Jack Welch Quotes

“Loyalty to a company, it's nonsense.”

Originally said to the Wall Street Journal, quoted by Mark Ames in Going Postal: Rage, Murder and Rebellion: From Reagan's Workplaces to Clinton's Columbine and Beyond (2005), p. 98

“In manufacturing, we try to stamp out variance. With people, variance is everything.”

Source: Jack: Straight from the Gut (2001), Ch. 11.

“Change has no constituency—and a perceived revolution has even less.”

Source: Jack: Straight from the Gut (2001), Ch. 12.

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