"An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage"
- Jack Welch
About this Quote
Jack Welch's quote speaks with the relevance of an organization's ability to learn as well as act rapidly in order to obtain an affordable benefit. In today's busy business setting, organizations have to be able to rapidly determine and also react to adjustments on the market. By gaining from their errors as well as successes, companies can create strategies that will certainly give them an edge over their rivals. Furthermore, companies should have the ability to promptly convert their knowing into activity in order to maximize possibilities and also stay in advance of the competition. In other words, an organization's capacity to discover and act rapidly is crucial for success in today's affordable service atmosphere.