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Listening can make the difference between a mediocre organization and a great one.
Lee Iacocca
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Lee Iacocca
Age: 94 †
Born: 1924
Born: October 15
Died: 2019
Died: July 2
Autobiographer
Businessman
Businessperson
Diarist
Allentown
Pennsylvania
Lido Anthony Iacocca
Mediocre
Organization
Listening
Difference
Differences
Great
Make
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Greenmail, in case you're wondering, is when a company pays a raider a premium for his holdings-if he'll go away. What I think it really is is blackmail in a pin-striped suit.
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When the product is right, you don't have to be a great marketer.
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What is it that you like doing? If you don't like it, get out of it, because you'll be lousy at it. You don't have to stay with a job for the rest of your life, because if you don't like it you'll never be successful in it.
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Apply yourself. Get all the education you can, but then, by God, do something. Don't just stand there, make it happen.
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If I Had To Sum Up In One Word The Qualities That Make Up A Good Manager, I'd Say Decisiveness.
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They're on you day and night. Their oversight is just too extreme [. . .] That's why our 10-year loan, we paid it back in three years. We couldn't stand the government. The bureaucracy kills you.
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The thing that lies at the foundation of positive change, the way I see it, is service to a fellow human being.
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Why is our free-enterprise system so strong?- Not because it stands still, frozen in the past, but because it has always adapted to changing realities
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The only rock I know that stays steady, the only institution I know that works, is the family.
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There's a billboard in a little farm town in the Midwest that says: IF YOU COMPLAIN ABOUT FARMERS, DON'T TALK WITH YOUR MOUTH FULL.
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Bad times are indelible. They stay with you forever.
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A major reason capable people fail to advance is that they don't work well with their colleagues.
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I only wish I could find an institute that teaches people how to listen. Business people need to listen at least as much as they need to talk. Too many people fail to realize that real communication goes in both directions.
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The affections are like lightning: you cannot tell where they will strike till they have fallen.
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In the old days, if a neighbors apples fell into your yard, you worked it out over the back fence or picked them up and made pies. Today, you sue.
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I was fortunate to get a scholarship when I went to Lehigh University and Princeton. They were both wonderful schools. Somebody was kind enough to spend their money to educate people that they would never get to know. That's what I think philanthropy is about.
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A country's competitiveness starts not on the factory floor or in the engineering lab. It starts in the classroom.
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The speed of the boss is the speed of the team.
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Talk to people in their own language. If you do it well, they'll say,God, he said exactly what I was thinking. And when they begin to respect you, they'll follow you to the death.
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One of the things the government can't do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt.
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