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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
Linguist
City of Toronto
Makes
Traditional
Firsts
Six
Branded
First
Fast
Curve
Something
Became
Stocks
Like
Beginning
Ceo
Months
Curves
Learning
Occurs
Economy
Firm

More quotes by Andrea Jung

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Follow your compass, not your clock.
Andrea Jung
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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
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Some people just wait for someone to take them under their wings but they should just find someones wings to grab onto.
Andrea Jung
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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
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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
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Since I'm a mother and a wife, I have to have passion or the frustration would win out. But I love managing people. The product is second to managing the people. And marketing to consumers is so challenging because it is evolving constantly.
Andrea Jung
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I can only have dinner with my girlfriends once a month instead of once a week.
Andrea Jung
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Women like to use products that other women say work. The Internet will be a big opportunity, but you cant smell a fragrance there yet.
Andrea Jung
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I think the economic empowerment of women that has been growing over the past decade is at the 'inflection point' with this global recession. Women are, we believe, the solution for their families in their ability to go out and increase household income.
Andrea Jung
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Women like myself, CEOs, can pave the way for more women to get to the top.
Andrea Jung
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Talent is the No. 1 priority for a CEO. You think it's about vision and strategy, but you have to get the right people first.
Andrea Jung
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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
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President Obama's 100-day plan is pretty impressive. I think it's a Wow 100-plus days. The administration is not operating from fear, it is trying to drive change for the future, and that's a good thing.
Andrea Jung
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The product is second to managing the people.
Andrea Jung
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It has given me a global vantage point, being the daughter of immigrants from China, who had nothing when they came here. And now I am leading a company. It speaks to something deep in me, the concept that you don't have to start with anything.
Andrea Jung
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The game in beauty is changing so much, if your product isn't high tech or can't make a unique performance claim - plump your lips, reduce your lines, look glossy, and stay on for 24 hours - you can't go to market today. I'm not just talking about a $20 lipstick, but a $5 lipstick!
Andrea Jung
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It's an unbelievable responsibility to influence decisions, shareholder value and most important to me, people's careers and livelihoods.
Andrea Jung
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If you feel like it's difficult to change, you will probably have a harder time succeeding.
Andrea Jung
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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
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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