Jack Welch Quotes


Innovation is not a big breakthrough invention every time. Innovation is a constant thing. But if you don't have an innovative company [team], coming to work everyday to find a better way, you don't have a company[team]. You're getting ready to die on the vine. You're always looking for the next innovation, the next niche, the next product improvement, the next service improvement. But always trying to get better.


Citations

Welch, Jack, and Suzy Welch. Winning. HarperBusiness, 2005.

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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.