10 Jack Welch Quotes to Remember from Former GE CEO

<p>Jack Welch, former chairman and CEO of General Electric (NYSE: GE), died at the age of 84.

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Jack Welch died on Sunday. His wife was the one who made the announcement. The cause of death was kidney failure. In his memory, InvestorPlace has compiled a series of his best quotes to share.

The following are some of the best Jack Welch quotes to remember him from.

“An organization’s ability to learn and translate this learning into action quickly is the ultimate competitive advantage.” “Strong managers who make difficult decisions to reduce the number of jobs are the only real job security in today’s world. Weak managers are the problem. Weak managers ruin jobs. “” Good business leaders create a vision, formulate the vision, own the vision passionately and drive it relentlessly in the end. ” “Giving people confidence is the most important thing I can do. Because then they will act. “If you choose the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it, you almost do not have to deal with them.” “The core of competitiveness is released when we make people believe that what they think and do is important – and then get out of the way while doing it.” “I have learned that mistakes can often be as good a teacher as success.” “The willingness to change is a strength, even if it means throwing part of the company into total confusion for a while.” “Realize reality as it is, not as it was or as you want it to be.” “Be sincere with everyone.”

You can find more Jack Welch quotes at BrainyQuote.com.

At the time of writing, William White had no position in any of the above securities.

Article printed from InvestorPlace Media, https://investorplace.com/2020/03/jack-welch-quotes-to-remember-from-the-former-ge-ceo/.

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