Jack Welch Quotes
An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
Topics
Learning
Innovation, Innovations
Agility
Competitive Advantage
Knowledge Management
Business
Organizational Development
Adaptability
Education, Knowledge & Training
Business Performance
Change Management
Competitive Edge
Continuous Improvement
Knowledge Translation
Learning Culture
Learning Organization
Organizational Learning
Process Optimization
Rapid Action
Strategic Agility
Citations
Welch, Jack. "To Our Share Owners." General Electric 1998 Annual Report, General Electric Company, 1999, p. 4.
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John Francis Welch Jr. was an American business executive, chemical engineer, and writer. He was Chairman and CEO of General Electric (GE) between 1981 and 2001. When he retired from GE he received a severance payment of $417 million, the largest such payment in business history. In 2006, Welch's net worth was estimated at $720 million.