If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.
Jack Welch
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More quotes by Jack Welch
- An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
- 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.
- 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.
- The Internet is the Viagra of big business.