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The right decision is the wrong decision if it's made too late.

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
Decision
Wrong
Right
Made
Late

More quotes by Lee Iacocca

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There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
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The speed of the boss is the speed of the team.
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The discipline of writing something down is the first step toward making it happen.
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Most people are looking for security, a nice, safe, prosperous future. And there's nothing wrong with that. It's called the American Dream.
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Life can be difficult for kids born with a gold spoon in their mouth, because they never really get to find out if they're able to work hard and make it on their own.
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If I had to sum up in a word what makes a good manager, I'd say decisiveness. You can use the fanciest computers to gather the numbers, but in the end you have to set a timetable and act.
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That's the American way. If little kids don't aspire to make money like I did, what the hell good is this country?
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In a completely rational society, the best of us would be teachers and the rest of us would have to settle for something else.
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If your product is great, you yourself do not have to be a great seller.
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I'm still not sure what is meant by good fortune and success. I know fame and power are for the birds. But then life suddenly comes into focus for me. And, ah, there stand my kids.
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In times of great stress or adversity, it's always best to keep busy, to plow your anger and your energy into something positive.
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I forgot to shake hands and be friendly. It was an important lesson about leadership.
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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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In the great undertakings, there is glory, even in failure.
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I always go back to Harry Truman: Should we drop an atomic bomb to save 100,000 lives? That's a hell of a decision to make. Did he make that decision by himself? No, he had advisers.
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MBAs know everything but understand nothing.
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I was good friends with Frank Sinatra, I heard Steve Kaufman painting his portrait, so I asked Steve to paint my portrait.
Lee Iacocca
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In a completely rational society, the best of us would aspire to be teachers and the rest of us would have to settle for something less, because passing civilization along from one generation to the next ought to be the highest honor and the highest responsibility anyone could have.
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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.
Lee Iacocca
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My father used to say, 'You can spend a lot of time making money. The tough time comes when you have to give it away properly.' How to give something back, that's the tough part in life.
Lee Iacocca