Jack Welch Quotes
If you have a reputation as a big, stiff bureaucracy, you're stuck.
Welch, Jack. "Speed, Simplicity, Self-Confidence: An Interview with Jack Welch." Harvard Business Review, vol. 67, no. 5, Sept.-Oct. 1989.
Political conservatives have generally been very verbal in their attacks upon and criticisms of bureaucracy. And yet, bureaucrats are the epitome of conservatism in their outlook and mode of operation as is made clear by this quotation.
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.