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Top 10 Jack Welch quotes

The cash cycle is crucial for retailers and similar businesses that tie up plenty of capital in inventory and/or those who rely on high sales turnover (usually on low margin goods) for their cash flow.
The cash cycle is crucial for retailers and similar businesses that tie up plenty of capital in inventory and/or those who rely on high sales turnover (usually on low margin goods) for their cash flow.
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Jack Welch is probably the best CEO of the 20th century. Here are my top 10 favorite quotes by Mr. Welch:

  1. Being the richest man in the cemetery doesn’t matter to me … Going to bed at night saying we’ve done something wonderful… that’s what matters to me.
  2. Control your own destiny or someone else will.
  3. Do you want to spend the rest of your life selling sugared water or do you want a chance to change the world?
  4. Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
  5. I’m the same person I was when I started.
  6. Simply put: we don’t build services to make money; we make money to build better services.
  7. Number one, cash is king... number two, communicate... number three, buy or bury the competition.
  8. Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.
  9. Management is all about managing in the short term, while developing the plans for the long term.
  10. You've got to eat while you dream. You've got to deliver on short-range commitments, while you develop a long-range strategy and vision and implement it. The success of doing both. Walking and chewing gum if you will. Getting it done in the short-range, and delivering a long-range plan, and executing on that.