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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.
Learning
Turn
Sources
Ability
Competitive
Turns
Customers
Learn
Faster
Action
Competition
Two
Advantage
Source
More quotes by Jack Welch
Take the middle 70 percent and tell them what they need to do to get into the top 20 percent.
Jack Welch
Keep learning don't be arrogant by assuming that you know it all, that you have a monopoly on the truth always assume that you can learn something from someone else.
Jack Welch
...I think that ideally that is how a company works. It becomes a place of ideas, not a place of position.
Jack Welch
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.
Jack Welch
I’ve learned in a hundred ways that I rarely regretted acting but often regretted NOT acting fast enough.
Jack Welch
The team with the best players usually does win - this is why you need to invest the majority of your time and energy in developing your people.
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.
Jack Welch
Trust happens when leaders are transparent.
Jack Welch
A leader's role is not to control people or stay on top of things, but rather to guide, energize and excite.
Jack Welch
Companies don't give job security. Only satisfied customers do.
Jack Welch
I was afraid of the internet... because I couldn't type.
Jack Welch
If you managed a baseball team, would you listen more closely to the team accountant or the director of player personnel?
Jack Welch
Every leader makes mistakes, every leader stumbles and falls. The question with a senior level leader is, does she learn from her mistakes, regroup, and then get going again with renewed speed, conviction and confidence?
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The hero is the one with ideas.
Jack Welch
We've only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained?
Jack Welch
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.
Jack Welch
In order to lead a country or a company, you've got to get everybody on the same page and you've got to be able to have a vision of where you're going. America can't have a vision of health care for everybody, green economy, regulations - can't have a bunch of piece - meal activities. It's got to have a vision.
Jack Welch
The most important job you have is growing your people, giving them a chance to reach their dreams.
Jack Welch
Getting the right people in the right jobs is a lot more important than developing a strategy.
Jack Welch
I believe social responsibility begins with a strong, competitive company. Only a healthy enterprise can improve and enrich the lives of people and their communities.
Jack Welch
