"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%"
About this Quote
Welch is selling urgency the way other CEOs sell shampoo: make the present feel inadequate, then pitch the upgrade. By framing the 1980s as a "walk in the park", he rewrites a decade already defined by layoffs, deregulation, and corporate gut-checks into a warm-up lap. The move is deliberate. If even that era looks easy in retrospect, then any resistance to today’s demands can be dismissed as nostalgia or weakness.
The numbers do the real ideological work. "6% may not be enough" isn’t a neutral observation; it’s a recalibration of what counts as acceptable. Welch turns productivity into a ratchet: once the benchmark rises, it rarely falls. Calling for 8% or 9% isn’t just about efficiency, it’s about conditioning organizations (and workers) to treat relentless acceleration as normal, even virtuous.
Then comes the triad: "software, brains, and running harder". It’s a tidy slogan that smuggles in a worldview. Technology and talent are the respectable parts, but "running harder" is the tell: human limits are treated as a rounding error. The phrase collapses structural issues - inequality, supply shocks, globalization’s uneven gains - into a personal mandate to hustle. If targets aren’t met, the implied culprit isn’t strategy or system design; it’s effort.
Context matters: late-20th-century American managerial culture prized shareholder value, scale, and measurable outputs. Welch helped canonize that culture. This quote reads like a corporate battle hymn for globalization: compete faster than the world changes, or get reorganized out of existence.
The numbers do the real ideological work. "6% may not be enough" isn’t a neutral observation; it’s a recalibration of what counts as acceptable. Welch turns productivity into a ratchet: once the benchmark rises, it rarely falls. Calling for 8% or 9% isn’t just about efficiency, it’s about conditioning organizations (and workers) to treat relentless acceleration as normal, even virtuous.
Then comes the triad: "software, brains, and running harder". It’s a tidy slogan that smuggles in a worldview. Technology and talent are the respectable parts, but "running harder" is the tell: human limits are treated as a rounding error. The phrase collapses structural issues - inequality, supply shocks, globalization’s uneven gains - into a personal mandate to hustle. If targets aren’t met, the implied culprit isn’t strategy or system design; it’s effort.
Context matters: late-20th-century American managerial culture prized shareholder value, scale, and measurable outputs. Welch helped canonize that culture. This quote reads like a corporate battle hymn for globalization: compete faster than the world changes, or get reorganized out of existence.
Quote Details
| Topic | Vision & Strategy |
|---|
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