A Quote by Jack Welch

GE's businesses turned in a terrific first quarter. Our products and services are being well received in unusually robust global markets. — © Jack Welch
GE's businesses turned in a terrific first quarter. Our products and services are being well received in unusually robust global markets.
The record results for the third quarter once again demonstrate the ability of GE's diverse mix of leading global businesses to deliver top-line growth, increased margins and strong cash generation.
I'm confident UTC could outperform in all of our markets, starting with our commercial businesses. The largest opportunities for our commercial businesses are in emerging markets, and we're very well positioned there.
Our global corporate investment bank competes with Goldman Sachs, Citibank, and a bunch of other banks that are in those businesses. We may have slightly different products or services, but so what? That's always been true in American business.
We use similar products. Our focus industry is healthcare and hospitality. But we haven?t done anything interactive. The first day full of seminars is full of things I thought would be useful: quick service restaurant and mobile phone applications. Businesses are providing more services and products by self-service means.
In markets such as the US, China, we want to continuously improve our products and services to win market share.
Mail enables businesses to deliver vital services and products, including medication, and allows these same businesses to receive payments in a timely way.
Unlike national markets, which tend to be supported by domestic regulatory and political institutions, global markets are only 'weakly embedded'. There is no global lender of last resort, no global safety net, and of course, no global democracy. In other words, global markets suffer from weak governance, and are therefore prone to instability, inefficiency, and weak popular legitimacy.
I came up with the idea that I wanted to develop products because I saw services businesses being a dead end long term.
I think the common elements first are that, basically, we are entering markets or in markets that are deregulating or have recently deregulated, and so they have become competitive, moving from monopoly franchise-type businesses to competitive, market-oriented businesses.
The essence and the glory of the free market is that individual firms and businesses, competing on the market, provide an ever-changing orchestration of efficient and progressive goods and services: continually improving products and markets, advancing technology, cutting costs, and meeting changing consumer demands as swiftly and as efficiently as possible.
I support a robust economy where agriculture and businesses are able to compete in a fair and open global market.
All businesses need images to sell their products and services.
In today's global economy, innovations and improvements to products and services are not only happening more rapidly than ever before in history, they are being communicated instantaneously. So, it's "innovate or die"!
I'm a complete globalist. I think like a global CEO. But I'm an American. I run an American company. But in order for GE to be successful in the coming years, I've gotta sell my products in every corner of the world.
I'm in favour of entrepreneurial, risk-taking businesses that create great products and services.
Contrary to the received wisdom, global markets are not unregulated. They are regulated to produce inequality.
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