12 Jack Welch Leadership Quotes You Should Know

By Amit Chowdhry ● March 2, 2020
  • Renowned business leader Jack Welsh recently passed away. Here are 12 Jack Welch quotes on leadership, change, and management that you should know.

The world has just lost one of the most renowned business leaders of all time. Welch passed away on Sunday at age 84.

Welch is best known for leading General Electric through two decades of growth. To drive growth at GE, Welch had an aggressive management style and cut off businesses at the company that was burning through the company’s profits. As a result, GE had become one of the most valuable companies in the 1990s as the market value of the company grew from $12 billion to $410 billion.

In Welch’s book “Jack: Straight From the Gut,” he described the vitality curve where managers were ranked into 3 groups. The top 20% group were known for driving rapid growth at the company. Then the vital 70% were encouraged to work their way up to the 20%. And then the bottom 10% were generally fired from the company.

Welch was born on November 19, 1935 in Peabody, Massachusetts.His fatter was a conductor for a train company and his mother was a homemaker. Before joining GE, Welch studied chemical engineering at the University of Massachusetts Amherst and then he received a Ph.D. from the University of Illinois.

– “Willingness to change is a strength even if it means plunging part of the company into total confusion for a while.”

– “Good business leaders create a vision, articulate the vision, passionately own the vision and relentlessly drive it to completion.”

– “I’ve learned that mistakes can often be as good a teacher as success.”

– “If you don’t have a competitive advantage, don’t compete.”

– “Don’t lose yourself on the way to the top.”

– “An organization’s ability to learn and translate that learning into action rapidly is the ultimate competitive advantage.”

– “Control your own destiny or someone else will.”

– “There’s no such thing as work-life balance. There are work-life choices, and you make them, and they have consequences.”

– “Culture drives great results.”

– “Be candid with everyone.”

– “Giving people self-confidence is by far the most important thing that I can do. Because then they will act.”

– “Good business leaders create a vision, articulate the vision, passionately own the vision and relentlessly drive it to completion.”

Here are some of Welch’s books that he published:

Featured photo credit: Hamilton83 via Wikipedia

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