Jack Welch Quotes
Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products.
Topics
Results
Civic Responsibility, Social Responsibility
Business Strategy
Customer Satisfaction
Employee
Strategy
Business Success
Business Sustainability
Community Impact
Company Priorities
Corporate Purpose
Corporate Strategy
Customer Loyalty
Employee Engagement
Employee Satisfaction
Ethical Business Practices
Long-Term Success
Product Focus
Product Quality
Shareholder Value
Stakeholder Management
Stakeholder Value
Citations
Guerrera, Francesco. "Welch condemns share price focus." Financial Times, 12 Mar. 2009.
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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.