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Competition Quote by Jack Welch

“First and most obvious, bring out the three old warhorses of competition - cost, quality, and service - and drive them to new levels, making every person in the organization see them for what they are, a matter of survival.” quote by Jack Welch
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“First and most obvious, bring out the three old warhorses of competition - cost, quality, and service - and drive them to new levels, making every person in the organization see them for what they are, a matter of survival.”

Jack Welch

About This Quote

Source Speech: Business Strategy Talk, Jack Welch, 1995

Emphasizes that cost, quality, and service are essential competitive factors that must be continuously improved for organizational survival.

In simple terms: Focus on cost, quality, service to survive.

Key Takeaway

Continuously improve core competitive factors.

Themes

competition quality service survival leadership

Mood

determined strategic

Type

motivational leadership

When to use this quote

  • product development
  • customer service
  • cost reduction initiatives
  • employee training
  • market positioning

Key Concepts

strategic management continuous improvement organizational culture

Questions to Reflect On

  • How can we measure progress in each area?
  • What incentives drive improvement?
A Different Perspective

Neglecting any of these can still lead to failure.

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