Best quotes by James Surowiecki on Business
Checkout quotes by James Surowiecki on Business
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‟ If being the biggest company was a guarantee of success, we'd all be using IBM computers and driving GM cars.
- James Surowiecki
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‟ Sometimes you have to destroy your business in order to save it.
- James Surowiecki
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‟ I started in business journalism from the outside, so when I started writing about markets and business, I was struck by the fact that markets seemed to work well even though people are often irrational, lack good information and are not perfect in the way they think about decisions.
- James Surowiecki
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‟ The problem with venality in business is that getting outraged about it makes it easy to miss the systemic problems that venality often disguises.
- James Surowiecki
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‟ If someone really wants my company's business, why shouldn't he be able to do everything he can - including paying me off - to get that business? Because bribery encourages people to make decisions based on the wrong criteria, which means in the business world that it distorts the efficient allocation of resources.
- James Surowiecki
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‟ In practice, downsizing is too often about cutting your work force while keeping your business the same, and doing so not by investments in productivity-enhancing technology, but by making people pull 80-hour weeks and bringing in temps to fill the gap.
- James Surowiecki
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‟ In a world where companies increasingly know about their business in real time, it makes no sense that public reporting mostly follows the old quarterly schedule. Companies sit on vital information until reporting day, at which point the market goes crazy.
- James Surowiecki