Jack Welch Quotes


Our behavior is driven by a fundamental core belief: the desire, and the ability, of an organization to continuously learn from any source, anywhere; and to rapidly convert this learning into action is its ultimate competitive advantage.


Citations

Welch, Jack. "To Our Share Owners." General Electric 1998 Annual Report, General Electric Company, 1999, p. 4.

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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.