A Quote by Jack Welch

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

Quote Topics

Ability About Action Advantage Competition Competitive Competitive Advantage Customers Faster Learn Learning More Only Our Sources Than Turn Two

Quote Author

Jack Welch
American - Businessman
November 19, 1935 - March 1, 2020

The ability to learn faster than competitors may be the only sustainable competitive advantage.

Arie de Geus

No one holds a permanent speed advantage in the market due to the limits of human intelligence and vision. Your advantage comes from your ability to feel the change faster and take decisive action faster.

Guo Guangchang

I think we're our biggest competition. I think the racetrack's the biggest competition. If we go and race the racetrack and try to go around the racetrack faster than our competition, then that's the goal. I look at it as a competition between us and the racetrack because it's all about lap time.

Jeff Burton

Our focus is to see that we are growing faster than the industry and, whichever product we launch, we do better than competition. We try and manage our operations better than competition. Essentially, we try to be better than what we were the previous year.

Dilip Shanghvi

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

Jack Welch

When customers' expectations change faster than your willingness or ability to serve them, you can be sure they'll be someone else's customers soon.

Ron Kaufman

Most of the experts agree that strategy will have to become more "adaptive", meaning that strategies will change faster based on information from people on the corporation's front lines - dealing with customers, fending off competitors. This won't represent a new revolution, but rather the continued speeding up of the one that's been going on. Everything will move faster, and competitive advantage disappear more quickly than ever.

Walter Kiechel

All things being equal, the primary competitive advantage of your business will be your ability to grow Leaders Without Titles faster than your industry peers.

Robin Sharma

Our behavior is driven by a fundamental core belief: the desire, and the ability, of an organization to continuously learn from any source, anywhere; and to rapidly convert this learning into action is its ultimate competitive advantage.

Jack Welch

If you want to create something great and do it faster than the competition, you need to be action oriented.

Fred Wilson

Reading fiction is important. It is a vital means of imagining a life other than our own, which in turn makes us more empathetic beings. Following complex story lines stretches our brains beyond the 140 characters of sound-bite thinking, and staying within the world of a novel gives us the ability to be quiet and alone, two skills that are disappearing faster than the polar icecaps.

Ann Patchett

Strength is the ability to move really heavy objects. Power is the ability to move them faster and faster.

Karch Kiraly

Events often move faster than our ability to comprehend them.

Lee H. Hamilton

The opportunity ahead for Microsoft is vast, but to seize it, we must focus clearly, move faster and continue to transform. A big part of my job is to accelerate our ability to bring innovative products to our customers more quickly.