Quote

The value decade is upon us. If you can't sell a top-quality product at the world's lowest price, you're going to be out of the game.

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.
Game
Lowest
Quality
Sell
Games
Sells
Values
Decades
Upon
Product
Going
Price
World
Products
Value
Decade

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Real communication is an attitude, an environment. It is the most interactive of all processes. It requires countless hours of eyeball to eyeball, back and forth. It involves more listening than talking.
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...I think that ideally that is how a company works. It becomes a place of ideas, not a place of position.
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Again, your challenge is not just to improve. It is to break the service paradigm in your industry or market so that customers aren't just satisfied, they're so shocked that they tell strangers on the street how good you are.
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I’ve learned in a hundred ways that I rarely regretted acting but often regretted NOT acting fast enough.
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Strategy is not a lengthy action plan. It is the evolution of a central idea through continually changing circumstances.
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Nothing of any importance has ever been accomplished by a pessimist.
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Don't lose youself on the way to the top.
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If you have a reputation as a big, stiff bureaucracy, you're stuck.
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Above all, good leaders are open. They go up, down, and around their organization to reach people. They don't stick to the established channels. They're informal. They're straight with people. They make a religion out of being accessible. They never get bored telling their story.
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Excellence and competitiveness aren't incompatible with honesty and integrity.
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The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard.
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Every employee, not just the senior people, should know how a company is doing.
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The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.
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