More From Jack Welch
- "A strategy is something like, an innovative new product; globalization, taking your products around the world; be the low-cost producer. A strategy is something you can touch; you can motivate people with; be number one and number two in every business. You can energize people around the message."
- "If you don’t have public hangings for bad culture in a company, if you don’t take people out and let them say, they went home to spend more time with the family. It’s crazy."
- "The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don’t have to work hard."