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There are only two sources of competitive advantage: the ability to learn more about our customers faster than the competition and the ability to turn that learning into action faster than the competition.
Jack Welch
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Jack Welch
Age: 84 †
Born: 1935
Born: November 19
Died: 2020
Died: March 1
Author
Businessperson
Engineer
Journalist
Manager
Writer
Peabody
Massachusetts
John Francis Welch
Jr.
John Francis Jack Welch
Jr.
Ability
Competitive
Turns
Customers
Learn
Faster
Action
Competition
Two
Advantage
Source
Learning
Turn
Sources
More quotes by Jack Welch
The story about GE that hasn't been told is the value of an informal place. I think it's a big thought. I don't think people have ever figured out that being informal is a big deal.
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Every employee, not just the senior people, should know how a company is doing.
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The most important quality of leadership is intellectual honesty. The reality principle - the ability to see the world as it really is, not as you wish it were.
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Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
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Don't lose youself on the way to the top.
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The secret of success is changing the way you think.
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Approach every meeting with a purposeful, high-energy, ready-to-make-a-contribution attitude, and watch how fast leadership’s perception of you follows your behavior.
Jack Welch
Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.
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You have no right to be a leader if someone who works for you doesn't know where they stand.
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You can't behave in a calm, rational manner. You've got to be out there on the lunatic fringe.
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If there is anything I would like to be remembered for it is that I helped people understand that leadership is helping other people grow and succeed. To repeat myself, leadership is not just about you. It's about them
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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.
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In any bad situation you can not let yourself be a victim.
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There is no straight line to a dream.
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Business is a game, and as with all games, the team that puts the best people on the field and gets them playing together wins. It's that simple.
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Nothing of any importance has ever been accomplished by a pessimist.
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If you've got a company that has a mentality inside that is filled with searching for a better idea every day, not just as a slogan but as a real concept, you will have innovation around you all the time.
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You measure your people and you take action on those that don't measure up.
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The world will belong to passionate, driven leaders - people who not only have enormous amounts of energy, but who can energize those whom they lead.
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Companies don't give job security. Only satisfied customers do.
Jack Welch