Bloomberg reported that at a recent outlook event, General Electric CEO Jeff Immelt was quoted as saying in response to a question about his new strategy, “[it] makes a s***load more sense than Six Sigma did.”

Immelt’s response, Bloomberg noted, had mostly to do with how much more sense his new strategy makes versus the Six Sigma strategy which is one of the more enduring legacies popularized Jack Welsh, Immelt’s predecessor.

Bloomberg said that as Immelt completes his 15th year as CEO, “it’s his impact, not Welch’s, that’s in the spotlight.”