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.

Meaning of the quote

Globalization has made companies like ours look all over the world, not just to sell products or find materials, but to find the smartest people and the best ideas. We want to bring in the world's top talents and most amazing innovations to help our company grow and succeed.

About Jack Welch

Jack Welch was an influential American business executive who served as the Chairman and CEO of General Electric (GE) for two decades. He received a record-breaking severance payment upon his retirement and was known for his business acumen and innovative leadership.

More about the author

More quotes from 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

American executive: General Electric CEO

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

Jack Welch

American executive: General Electric CEO

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

American executive: General Electric CEO

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

Jack Welch

American executive: General Electric CEO

The team with the best players wins.

Jack Welch

American executive: General Electric CEO

Number one, cash is king… number two, communicate… number three, buy or bury the competition.

Jack Welch

American executive: General Electric CEO

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

Jack Welch

American executive: General Electric CEO

Control your own destiny or someone else will.

Jack Welch

American executive: General Electric CEO

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

Jack Welch

American executive: General Electric CEO

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

Jack Welch

American executive: General Electric CEO

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

American executive: General Electric CEO

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

American executive: General Electric CEO

Change before you have to.

Jack Welch

American executive: General Electric CEO

Be candid with everyone.

Jack Welch

American executive: General Electric CEO

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

American executive: General Electric CEO

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

Jack Welch

American executive: General Electric CEO

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

Jack Welch

American executive: General Electric CEO

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

American executive: General Electric CEO

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

Jack Welch

American executive: General Electric CEO

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

American executive: General Electric CEO

The Internet is the Viagra of big business.

Jack Welch

American executive: General Electric CEO

Give me a highly successful unionized industry.

Jack Welch

American executive: General Electric CEO

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

American executive: General Electric CEO

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

Jack Welch

American executive: General Electric CEO