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. Jack Welch More Quotes by Jack Welch More Quotes From Jack Welch 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. Jack Welch wall jobs country Give me a highly successful unionized industry. Jack Welch successful inspirational giving Getting candor right - with your reports, your peers, and your boss - is a skill that can make or break your career. Jack Welch boss careers skills I don't think environmentalists have the slightest reason to be concerned about globalization because every time you move a plant to a new place you upgrade the neighborhood. You put in global standards. You put in modern plants. And all the plants around it get improved. Jack Welch reason moving thinking If you get the best people on your team, you've got plenty of time to do the things you like to do and can add more value to. Jack Welch team add people No one is doing something in your business - getting a sale, having a key customer, working on an R&D project - doing anything that's more important than something you say is going to change the company. Jack Welch projects important keys Globalization has taken a hit in that there is some sand in the gears because most of us have supply chains that are all over the world that we've had to lengthen. Jack Welch gears taken world I believe that in any initiative, you can't have a flavor of the month. When you believe something is profound in a company, you can not be a logical leader. You have to go to the lunatic fringe. There is no way that logic is what you need to change people. Jack Welch flavor-of-the-month believe people The biggest opportunity for big companies has come by far in the digitization of internal processes. Jack Welch bigs process opportunity The idea of let's all share the pain equally, or let's freeze salaries altogether - it's ass-backwards. It's absolutely ass-backwards. Jack Welch salary pain ideas Trying to get people to face reality and see the world the way it really is is an absolutely critical aspect of leadership, in my view. Jack Welch views reality people If we don't create private sector jobs and just - just creating public sector jobs, we're going nowhere. This is a bad game. You've got to have innovation. You've got to have tax policies that support innovation. Jack Welch creating games jobs Shareholder value is the result of you doing a great job, watching your share price go up, your shareholders win, and dividends increasing. What happens when you have increasing shareholder value? You're delivering better employees to their communities and they can give back. Communities are winning because employees are involved in mentoring and all these other things. Customers are winning because you're providing them new products. Jack Welch winning jobs giving