Dec
08
2007
You might think that institutions, with their large staffs of highly-experienced investment professionals, would be a force for stability and reason in financial markets. They are not; stocks heavily owned and constantly managed by institutions have often been amongst the most inappropriately valued.
–Warren Buffett
Dec
07
2007
Outsourcing is not the cause of the problems in the world around us, but is one of the most powerful tools available for fixing those problems. Outsourcing helps build better businesses, stronger economies, and a more prosperous way of life. This is true not only for the developing countries like India that are the recipients of work being outsourced offshore, but also for Western countries that are doing the outsourcing. Companies that outsource are creating and enhancing jobs for their employees, increasing returns for their shareholders, and fueling growth for the American economy.
–Michael Corbett
Dec
06
2007
Today, every corporation needs to be a learning organization, capable of developing new intellectual property. For this to happen, five components must be in place:
1. Everyone must understand big-picture systems thinking.
2. Everyone must be committed to lifetime learning.
3. People must get good at developing mental models.
4. The business leaders must build a shared visioin.
5. There must be a commitment to team learning.
–Peter Senge, MIT professor, author of The Fifth Discipline
Dec
06
2007
[Buffett] has a way of motivating you. He trusts so much that you just want to perform.
–Bill Child, R.C. Wiley Home Furnishings
Dec
06
2007
If you ask me what is the fastest growing industry in America — it’s outsourcing. Soon more and more people working for organizations will actually be on the payroll of an independent outside contractor.
–Peter Drucker