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

By 1999 he was named "Manager of the Century" by Fortune magazine. Jones. Welch has received criticism for a lack of compassion for the middle class and working class.

(born (1935-11-19)November 19 1935) is an American business executive author and former chemical engineer. In 2006 Welch's net worth was estimated at $720 million.