"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
About this Quote
Jack Welch is highlighting the value of GE's financial investment in China. He is suggesting that if the strategy is wrong, it might cost the business billions of bucks. Nevertheless, if the technique is right, maybe the key to the company's success for the following century. This quote highlights the importance of making the right choices when it involves purchasing China, as the effects of a wrong decision might be pricey. Welch is stressing the requirement for GE to make the right decisions in order to guarantee the company's success in the future.
This quote is written / told by Jack Welch somewhere between November 19, 1935 and today. He was a famous Businessman from USA.
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