Jack Welch Quotes
Globalization is now no longer an objective but an imperative, as markets open and geographic barriers become increasingly blurred and even irrelevant.
Topics
Globalization, Globalism
Objectives
Barriers
Cultural Exchange
Free Markets, Free Market Capitalism
International Trade
Cross-Border Interactions
Economic Globalization
Economic Integration
Global Connectivity
Global Interdependence
Global Markets
Global Trade
Interconnected World
Market Openness
Transnational Cooperation
Citations
Welch, Jack. "Letter to Share Owners." General Electric 1997 Annual Report, General Electric Company, 1998.
Related Quotes
He was one of the early observers of this phenomenon. See the related quotes for others who were early observers of the coming changes.
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.