Jack Welch Quotes

Strategy means making clear-cut choices about how to compete.

Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.

Firms that claim domain focus are late movers.

The two most fundamental strategic choices are deciding where to play and how to win.

Strategy 101 is about choices: You can't be all things to all people.

The essential element of successful strategy is that it derives its success from the differences between competitors with a consequent difference in their behavior.

Just as predatory animals follow a similar general design and behave in similar ways, so organizations, especially those in competition with one another, must follow certain design principles if they are to succeed and prevail.

In a period of economic downturn, the overwhelming instinct is to pare back, cut costs, and lay off. If you do that, do so with your strategy in mind. The worst mistake is to cut across the board. Instead, reconnect and recommit to a clear strategy that will distinguish yourself from others.

Every company has to identify what I call its strategic resources, and make sure that it grabs as much of its strategic resources as possible.

We believe that our cost effectiveness is one of our most powerful competitive advantages in Networks, and we will not lose sight of that in the future.

If we can keep our competitors focused on us while we stay focused on the customer, ultimately we'll turn out all right.

Business strategy is the battleplan for a better future.

In the military we also learn principles of war which also work in a corporate setting: How do you concentrate as much of your force as possible on a critical point and take a risk elsewhere? In business that translates into focusing your investment on marketing, sales, or R&D, whichever will give you the greatest return.

Strategy is choice. Strategy means saying no to certain kinds of things.

Competitive strategies is a concept or philosophy that's as American as apple pie.

It sounds good to say you're going to campaign everywhere, but ultimately you have to make choices.

The competition principle does not mean a competitive edge, comrades

Sometimes, for businesses, competition can be inconvenient, because competition means that the race is never over, the game is never won. No matter how well you were doing in the past, there's always someone who are out there wanting to take your place. So the temptation to avoid competition is powerful. It's rooted in motives as old as Adam and Eve: in greed for yet more money, in fear of losing your position in the market and all the benefits it brings.

The values we developed were instrumental in gaining a competitive advantage.

A competitive edge has helped me through my career.

Business is the systematic playing of games.

If you are a small company taking on a big company, you need to have a sense of humor.

I look at companies as price-players or quality-players. The only way to go with J.Crew was quality.

If you look at the numbers from 2002 to 2016, we have consistently been market leaders. We have followed a well-articulated strategy, and our focus is to continue that strategy.

Almost every move in the market is either a move to align with where Cisco is going or to align to compete against us or to utilize that technology.