Quote by Jack Welch
Number one, cash is king... number two, communicate... number three, buy or bury the competition.
Summary
This quote highlights three key strategic priorities for businesses. "Cash is king" emphasizes the significance of financial stability and liquidity, highlighting the importance of maintaining healthy cash flows. "Communicate" underscores the criticality of effective communication within an organization to foster collaboration, alignment, and transparency. "Buy or bury the competition" highlights the competitive nature of business, emphasizing the need to either acquire or surpass competitors to secure a dominant position in the market. In summary, the quote emphasizes the importance of financial stability, effective communication, and competitive positioning for the success of a business.
Topics
Communication
By Jack Welch