Jack Welch

Business has to be fun. For too many people, it's 'just a job.'

Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.

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

Out-innovating them is the way to beat China. And to do everything that we do in this country to support innovative policy, that drives innovation and new products and more jobs and creates jobs. You can't - you can't put a wall up around here. We tried that in the '30s. It didn't work.

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.

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.

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

The team with the best players wins.

The story about GE that hasn't been told is the value of an informal place. I think it's a big thought. I don't think people have ever figured out that being informal is a big deal.

If you have a reputation as a big, stiff bureaucracy, you're stuck.

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

Management is all about managing in the short term, while developing the plans for the long term.