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

Be candid with everyone.
— Jack Welch

Change before you have to.
— Jack Welch

Control your own destiny or someone else will.
— Jack Welch

Don’t manage – lead change before you have to.
— Jack Welch

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

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

Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital – the world’s best talents and greatest ideas.
— Jack Welch

I was afraid of the internet… because I couldn’t type.
— Jack Welch

I’ve learned that mistakes can often be as good a teacher as success.
— Jack Welch

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

If you don’t have a competitive advantage, don’t compete.
— Jack Welch

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.
— Jack Welch

My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too.
— Jack Welch

Strong managers who make tough decisions to cut jobs provide the only true job security in today’s world. Weak managers are the problem. Weak managers destroy jobs.
— Jack Welch

The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
— Jack Welch

The essence of competitiveness is liberated when we make people believe that what they think and do is important – and then get out of their way while they do it.
— Jack Welch

The Internet is the Viagra of big business.
— Jack Welch

The team with the best players wins.
— Jack Welch

We bring together the best ideas – turning the meetings of our top managers into intellectual orgies.
— Jack Welch

We’ve only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained?
— Jack Welch

Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
— Jack Welch

1. All successful people have a vision. They have the ability the “see” clearly what they want before it exists. – Bill Gates

2. Some of success is luck. Just being in the right place at the right time. – Bill Gates

3. When you find a good idea act on it right away. – Bill Gates

4. Absorb, assess, and then act. Knowledge without action is impotence. – Donald Trump

5. Avoid your comfort zone — it’s probably outdated anyway. – Donald Trump

6. Resolve to be bigger than your problems. Who’s the boss? – Donald Trump

7. If you’re honest, you should know the questions that should be asked, as well as the answers. That’s probably why there’s so much confusion out there today. – Donald Trump

8. Do business with people you like and who share your objectives. – Warren Buffett

9. It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently – Warren Buffett

10. Borrowed money is the most common way that smart guys go broke. – Warren Buffett

11. Price is what you pay. Value is what you get. – Warren Buffett

12. Strive to become a market leader. Own and control the primary technology in everything you do. – Steve Jobs

13. Ask for feedback from customers of diverse backgrounds – Steve Jobs

14. Learn from failures, admit it and move on. – Steve Jobs

15. Learn continually from people within and outside of your company. – Steve Jobs

16. You can’t just ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new. – Steve Jobs

17. Have a clear articulation of what your value proposition is – what makes you different? – Michael Dell

18. Tough times present new opportunities and the seeds can be sown for future successful companies. – Michael Dell

19. There’s never been an easier time to connect with customers all over the world – utilize social media opportunities like blogs, Facebook and Twitter. – Michael Dell

20. Find something that works well and then replicate it. – Michael Dell

21. Take advantage of the resources around you – people, technology and suppliers. – Michael Dell

22. Keep your messages simple and clutter free to reach your market faster. – Jack Welch

23. See change as an opportunity-keep an eye out for changes to your business. – Jack Welch

24. Business opportunities are like buses, there’s always another one coming. – Richard Branson

25. Big businesses will always try to crush small upstarts. To beat big businesses, use the strengths of being small. Big corporations are impersonal; staff is often not treated well. At a small company, you can make sure your staff is proud of working for you and then they’ll work hard to be successful. And small companies are more nimble. – Richard Branson

26. If you’re a successful entrepreneur, wealth comes with it. A responsibility comes with that wealth. – Richard Branson

27. A good company runs as if it is a family. If your son messes up, you don’t kick him out of the house. – Richard Branson

Follow the practical way,
George