Jack Welch Quotes


For a large corporation to be effective, it must be simple. For an organization to be simple, its people must have self-confidence and intellectual self-assurance. Insecure managers create complexity, real leaders do not clutter.


Citations

Welch, Jack. General Electric Annual Report 1989. General Electric Company, 1990.

Related Quotes

Jack Welch
Jack Welch
  • Born: November 19, 1935
  • Died: March 1, 2020
  • Nationality: American
  • Profession: Businessman, Engineer, Executive

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.