Jack Welch Quotes


The trick is to develop a culture that is customer centric.


Context

To Welch, the dvelopment of a customer centric culture in a businss it one of the requirments of a successful long term business. Surprisingly few companies manage to do it.


Citations

Jack Welch, Interview, CNN, April 15, 2017

Sourced by: Eigen's Political and Historical Quotations

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In contrast to the American expansion where individuals went west to settle, the Canadian experience was directed by a central mercantile enterprise for whom the Indians trapped furs and bought merchandise. The Company wanted the Indians to be treated like valuable customers, not competitors for land and territory.


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.