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• Quotations from Lee Lacocca 

 
"I have found that being honest is the best technique I can use. Right up front, tell people what you're trying to accomplish and what you're willing to sacrifice to accomplish it."

"I hire people brighter than me and then I get out of their way."

"If you want to make good use of your time, you've got to know what's most important and then give it all you've got."

"In the end, all business operations can be reduced to three words: people, product and profits. Unless you've got a good team, you can't do much with the other two."

"In times of great stress or adversity, it's always best to keep busy, to plow your anger and your energy into something positive."

"Motivation is everything. You can do the work of two people, but you can't be two people. Instead, you have to inspire the next guy down the line and get him to inspire his people."

"So what do we do? Anything. Something. So long as we just don't sit there. If we screw it up, start over. Try something else. If we wait until we've satisfied all the uncertainties, it may be too late."

"Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss."

"There are times when even the best manager is like the little boy with the big dog, waiting to see where the dog wants to go so he can take him there."

"When the product is right, you don't have to be a great marketer."

An American Industrialist

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