Jack Welch
FameRank: 9

"US$/$750 Million (2012)"

/ main interests =

/ spouse = Carolyn B. Osburn (1959-87)Jane Beasley (1989–2003)Suzy Wetlaufer (2004–present)

/ url =

/home_town = Salem, Massachusetts

/education = 1957, University of Massachusetts Amherst/University of Mass., Bachelor of Science/BSc

1960, University of Illinois, M.S./MSc, PhDAll in chemical engineering

/party = Republican

/occupation = }}

"John Francis" ""Jack"" "Welch, Jr." (born November 19, 1935) is a retired American business executive, author and chemical engineer. He was chairman and CEO of General Electric between 1981 and 2001. During his tenure at GE, the company's value rose 4000%. In 2006, Welch's net worth was estimated at $720 million. When he retired from GE he took a severance payment of $417 million, the largest such payment in history.

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Control your own destiny or someone else will.

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Face reality as it is, not as it was or as you wish it to be.

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If change is happening on the outside faster than on the inside the end is in sight.

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Change before you have to.

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If you don't have a competitive advantage, don't compete.

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If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them.

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

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The world of the 1990s and beyond will not belong to 'managers' or those who can make the numbers dance. The world will belong to passionate, driven leaders - people who not only have enormous amounts of energy but who can energize those whom they le.

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An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.

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