651 Posts Found

Subsidy delays adjustment and innovation rather than promoting it. . . . Ongoing subsidies dull incentives and create an attitude of dependence. Government support makes it difficult to get industry to invest and take risk without it. Attention is focused on renewing subsidies rather than [on] creating true competitive advantage. One subsidized industry propagates its noncompetitiveness to others. Once started, subsidy is difficult to stop. … [ Read more ]

Content: Quotation | Sources: The Competitive Advantage of Nations, The Independent Review | Subjects: Economics, Government

The most powerful force subverting conventional value chains, partly because it acts as a catalyst and accelerator for all the others, is a revolution in the economics of information. Information has always been the glue that held value chains together. The cost of getting sufficiently rich information to suppliers, channels, and customers made proprietary information systems and dedicated assets a necessity, and gave vertical integration … [ Read more ]

Content: Quotation | Source: Boston Consulting Group (BCG) | Subjects: Information, Strategy

People are always blaming their circumstances for what they are. I don’t believe in circumstances. The people who get on in this world are the people who get up and look for the circumstances they want, and if they can’t find them, make them.

Content: Quotation | Source: Good Luck: Create the Conditions for Success in Life & Business | Subject: Luck

Luck only favors those minds ready for it.

Content: Quotation | Source: Good Luck: Create the Conditions for Success in Life & Business | Subject: Luck

There’s a door through which good luck enters, but you have the key.

Content: Quotation | Source: Good Luck: Create the Conditions for Success in Life & Business | Subject: Luck

I strongly believe in luck and find out that the more I work, the luckier I am.

Content: Quotation | Source: Good Luck: Create the Conditions for Success in Life & Business | Subject: Luck

A “stop doing” list is more important than a “to do” list.

Content: Quotation | Source: Business 2.0 | Subjects: Management, Wisdom

Ideas are a dime a dozen; anyone can have them. They can be good or bad ideas, saving your hide in some cases, wasting your time in others. The best thing about a good idea is that it forces you to act. Insight is rarer, and infinitely more precious. A strong insight can fuel a thousand ideas, a thousand reasons to act and make something … [ Read more ]

Content: Quotation | Source: 800-CEO-READ (8CR) | Subjects: Innovation, Knowledge

I’ve found that luck is quite predictable. If you want more luck, take more chances. Be more active. Show up more often.

Content: Quotation | Source: Zaadz | Subject: Luck

Many Indians growing up in the United States detect an inconsistency or incoherence about modern life…Somehow you are supposed to be moral and generous in your private life, but that doesn’t apply when you go to work — you don’t have to be the same person. That kind of role fragmentation or inconsistency was really seen as profane. One must find a way that synthesizes … [ Read more ]

Content: Quotation | Source: Across the Board (ATB) | Subjects: Integrity, Social Responsibility (ESG)

Most of us prefer being precisely wrong rather than vaguely right.

Content: Quotation | Source: McKinsey Quarterly | Subjects: Personality / Behavior, Thought

There is a near-universal tradeoff between richness and reach of information. Richness is variously the amount, quality, specificity, recency, or trustworthiness of the information shared in a transaction; and reach is the number of people or entities involved. Typically, we can transact with lots of richness if we are willing to give up reach (a conversation) or with lots of reach if we are willing … [ Read more ]

Content: Quotation | Source: Boston Consulting Group (BCG) | Subjects: Communication, Information

We often fail to make a distinction about two kinds of learning. The first kind of learning, which is far more common and more easily achieved, is to deepen our knowledge within an existing mental model or discipline. The second kind of learning is focused on new mental models and on shifting from one to another. It is does not deepen knowledge in a specific … [ Read more ]

Content: Quotation | Source: BetterManagement.com | Subjects: Learning, Thought

At Intel, we see five stages for dealing with a new problem: First, you ignore its existence; second is denial; third, you blame others for it; fourth, you assume responsibility for it; and fifth-a solution is coming.

Content: Quotation | Source: Stanford University | Subject: Problems / Solutions

Our doubts are traitors, and make us lose the good we oft might win, by fearing to attempt.

Content: Quotation | Source: Zaadz | Subjects: Decision Making, Fear / Doubt

Schedule is how we make our intentions manifest in the world.

Content: Quotation | Source: Every Second Counts by Lance Armstrong and Sally Jenkins | Subjects: Miscellaneous, Observations

…personal comfort is not the only thing worth seeking…comfort only takes us to a point that’s known. Since when did sheets with the right thread-count, a coffee maker, and an electric toothbrush become the only things worth having or working toward? Too often, comfort gets in the way of inner reckonings.

Content: Quotation | Source: Every Second Counts by Lance Armstrong and Sally Jenkins | Subjects: Life, Perception

If you lead a largely unexamined life, you will eventually hit a wall. Some barriers can be invisible until you smack into them. The key, then, is to investigate the wall inside yourself, so you can go beyond it. The only way to do that is to ask yourself painful questions…

Content: Quotation | Source: Every Second Counts by Lance Armstrong and Sally Jenkins | Subjects: Learning, Life

Common sense is the collection of prejudices acquired by the age of 18.

Content: Quotation | Source: Unknown | Subjects: Knowledge, Perception

We haven’t done a good job of teaching critical thinking and creative problem-solving. People find critical thinking difficult because it’s a radical switch from their 20 years of education in solving well-structured problems. We’ve produced a nation of certainty junkies, where if you can’t define a problem with precision and certainty, people go crazy. Well, welcome to the real world. The game has changed. Problems … [ Read more ]

Content: Quotation | Source: Across the Board (ATB) | Subjects: Decision Making, Thought