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I became CEO at the beginning of the hit on old economy stocks. When something like that occurs in your first six months as a CEO of a more traditional branded firm, it makes for a fast learning curve.
Andrea Jung
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Andrea Jung
Age: 65
Born: 1959
Born: August 28
Businessperson
Businesswoman
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City of Toronto
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More quotes by Andrea Jung
China is going to be one of Avon's largest market opportunities. It has a large geographic expanse, with hundreds of thousands of women in small villages really striving to make an earnings opportunity for themselves.
Andrea Jung
It's an unbelievable responsibility to influence decisions, shareholder value and most important to me, people's careers and livelihoods.
Andrea Jung
Avon invented the concept of direct marketing and direct selling beauty. And that's still very valid to us. We'll have a firm that will be around for another 114 years as strongly as it was the first 114.
Andrea Jung
The company was actually founded on creating earnings opportunities for women, even before it went into skincare, lipstick, and fragrance. The founding Avon principle, before women could vote and when basically only men were working, was to allow women to get out of their homes and to create an entrepreneurship opportunity for them.
Andrea Jung
I feel like I'm part of history being made. I leave Apple board meetings thinking, 'I've got to do a better job.'
Andrea Jung
Some people just wait for someone to take them under their wings but they should just find someones wings to grab onto.
Andrea Jung
I think it's critical that you feel you're working for a person who is committed to advancing your career.
Andrea Jung
I can only have dinner with my girlfriends once a month instead of once a week.
Andrea Jung
When a woman earns a dollar, the payback is higher. She'll invest in her children, in their education, health care, and basic needs. The impact of a woman's role in the economy benefits society at large.
Andrea Jung
No one in my family had a retail or marketing background. They were professionals. They didn't understand just what I was doing by going into retailing. After I started, though, it got into my blood. I knew this was what I wanted.
Andrea Jung
That was very much ahead of its time back in the 1880s and, not surprisingly, it was met with some resistance. [I]f you fast forward to today and the fact that we're the single largest source of employment for women (broadly speaking, as the reps are independent contractors), we've been an important creator of entrepreneurship for women.
Andrea Jung
We also never undercut representatives' prices. A representative will always be able to sell the discounts in our core business, which are not offered at retail. So it's never more advantageous to buy there.
Andrea Jung
There are pros and cons of experience. A con is that you can't look at the business with a fresh pair of eyes and as objectively as if you were a new CEO. Fire yourself on a Friday night and come in on Monday morning as if a search firm put you there as a turn-around leader. Can you be objective and make the bold change?
Andrea Jung
There's obviously a correlation between an economically empowered woman and the investments she makes. That leads to her social and moral conscience for bettering her community.
Andrea Jung
Avon is a unique place to work we've got family-friendly policies. We have more senior women in high-level management than any other company 46 percent of our officers are women.
Andrea Jung
Women are clearly the major consumers in far more than just female categories. It doesn't matter whether it is purchases of cars, cosmetics, or even products for men, female consumption power is the leading consumption power in the world. Any company that overlooks the woman as the decision maker is making a huge mistake.
Andrea Jung
If you feel like it's difficult to change, you will probably have a harder time succeeding.
Andrea Jung
My parents kept the best aspects of the Asian culture, and they Americanized the family. My mother was a great example for me. She was a working mother with a good career.
Andrea Jung
I think there is a big and significant difference between being a leader and being a manager-leaders lead from the heart. You have to be analytical and flexible. Flexibility is one of the key ingredients to being successful. If you feel like it's difficult to change, you will probably have a harder time succeeding.
Andrea Jung
Women like myself, CEOs, can pave the way for more women to get to the top.
Andrea Jung