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Companies in the East put a lot more emphasis on human relationships, while those from the West focus on the product, the bottom line. Westerners appear to have more of a need for achievement, while in the East there's more need for affiliation.
All companies can benefit from fostering a more flexible environment (creating a place where the most talented, industrious, and entrepreneurial people want to work) and relinquishing hierarchical control to favor a results-oriented meritocracy.
The problem is that at a lot of big companies, process becomes a substitute for thinking. You're encouraged to behave like a little gear in a complex machine. Frankly, it allows you to keep people who aren't that smart, who aren't that creative.
Back in the days of world wars, American companies didn't think twice about pitching in to help fight the enemy. Car companies helped bolster tanks, food companies created rations - sometimes they had to do it, but no one had to twist their arm.
Twenty years ago, you might have been pessimistic and said there's no hope. But these days, some of our very biggest companies are acting remarkably cleanly. And in some cases, although not all cases, the CEOs are the driving forces behind that.
The reality is that unless you understand the regulatory environment and payment structure, you can't revolutionize it. I think most tech companies and startups have come to this realization: that you have to partner with people in the ecosystem.
I think people will walk into the Starbucks store and overnight recognize the significant difference between what Starbucks represents day-in and day-out and all the other coffee companies that have been serving coffee in India for so many years.
The companies that survive longest are the one's that work out what they uniquely can give to the world not just growth or money but their excellence, their respect for others, or their ability to make people happy. Some call those things a soul.
For the longest time, computers have been associated with work. Mainframes were for the Army, government agencies, and then large companies. Workstations were for engineers and software programmers. PCs were initially for other white-collar jobs.
Large companies and government agencies have a lot to protect and therefore are not willing to take big risks. A large company taking a risk can threaten its stock price. A government agency taking a risk can threaten congressional investigation.
If you are a superstar, or whatever you want to call yourself, a person who's had outrageous success, and you decide to go indie and tell the record companies to screw themselves? That takes a certain amount of courage. And bullheadedness, really.
It's true, I had hacked into a lot of companies, and took copies of the source code to analyze it for security bugs. If I could locate security bugs, I could become better at hacking into their systems. It was all towards becoming a better hacker.
Companies that grow for the sake of growth or that expand into areas outside their core business strategy often stumble. On the other hand, companies that build scale for the benefit of their customers and shareholders more often succeed over time.
The vast majority of debt that Anglo maintains is owed is strenuously disputed. However, I cannot now pay those loans which are due, following Anglo taking control of the Quinn Group of companies, which I and a loyal team spent a lifetime building.
We found that the most exciting environments, that treated people very well, are also tough as nails. There is no bureaucratic mumbo-jumbo... excellent companies provide two things simultaneously: tough environments and very supportive environments.
There's so much innovation going on, and there are lots of people funding that innovation, but there's very little innovation on that infrastructure for innovation itself, so we like to do that ourselves to help companies create more tech companies.
Along with Facebook, Microsoft, and Apple, these companies are in a race to become our 'personal assistant.' They want to wake us in the morning, have their artificial intelligence software guide us through our days, and never quite leave our sides.
I've been offered jobs by companies that supported apartheid many times in the 25 years of my modeling career, but I have never taken one of them. I have to refuse that money, because I'm not going to work against my people. They've suffered enough.
I feel that the best companies are started not because the founder wanted a company but because the founder wanted to change the world... If you decide you want to found a company, you maybe start to develop your first idea. And hire lots of workers.
Companies are hiring cosplayers to be promotional spokes models for them. There are cosplayers trying to develop a cult following even though they've only been cosplaying for less than a year or two. It's all about the social media or Facebook likes.
I had two passions growing up - one was music, one was technology. I tried to play in a band for a while, but I was never talented enough to make it. And I started companies. One day came along and I decided to combine the two - and there was Spotify.
If just the presence of Tidal causes other companies to have better pay structure or to pay more attention to it moving forward, then we've been successful in one way. So we don't really view them as competitors. As the tide rises, all the boats rise.
Business chief executive officers and their boards succumb to the pressures of the financial markets and their fears of takeovers and pour out their energies to produce quarterly earnings - at the expense of building their companies for the long term.
ACT and SAT each have their own parts of the country. The GRE has its lock on graduate admissions. And so, one could blame the companies, but really, economically, they have no incentive to change things very much because they're getting the business.
I learned another lesson from Jack Welch. It was in 1998, and at that time, we were one of the most valuable companies in the world. I said, 'Jack, what does it take to have a great company?' And he said, 'It takes major setbacks and overcoming those.'
I know that with most companies that have a lot of success, it tends to throw you off, and you can become more conservative. One of our questions is, How do we keep from being pulled into conservatism because we're afraid of not being successful again?
I always invest my own money in the companies that I create. I don't believe in the whole thing of just using other people's money. I don't think that's right. I'm not going to ask other people to invest in something if I'm not prepared to do so myself.
If progressives were interested in mitigating inequality, they would support the dynamism of free markets to allow the merit of ideas, products and services to win the day rather than stifle companies and pick winners in the name of imagined 'progress.'
I'm a very practical, pragmatic capitalist. I was trained at Goldman Sachs. I went to Harvard Business School. I was as hard-nosed a capitalist as you get. I specialized in media, in investing in media companies, and it's a very, very tough environment.
Ferdinand was a gold trader. He was a lawyer for mining companies. When he entered politics in l949, he had tons and tons of gold. When Bill Gates was a college dropout, Ferdinand already possessed billions of dollars and tons of gold. It wasn't stolen.
I look forward to the day when half our homes are run by men and half our companies and institutions are run by women. When that happens, it won't just mean happier women and families; it will mean more successful businesses and better lives for us all.
Companies could step up to the plate time and time again and help out by cleaning up a groundwater system that's contaminated, being more transparent with the community when they have a problem, respecting that community, getting them out of harm's way.
The private sector is the key player in cyber security. Private sector companies are the primary victims of cyber intrusions. And they also possess the information, the expertise, and the knowledge to address cyber intrusions and cyber crime in general.
There's 20 companies that I have investments in - some batteries, some solar-thermal, one big nuclear thing. We need hundreds and hundreds of companies like that, so that in a 20-year time frame we really are starting to change the energy infrastructure.
The emphasis on innovation and technology in our companies has resulted in a few of them establishing global benchmarks in product design and development, manufacturing practices and human resource capabilities. However, there is no room for complacency.
The question about those aromatic advertisements that perfume companies are having stitched into magazines these days is this: under the freedoms guaranteed by the First Amendment, is smelling up the place a constitutionally protected form of expression?
The Environmental Protection Agency rarely follows up prosecuting coal companies and their fellow polluters, even when the evidence is clear-cut that they are dumping and poisoning entire towns near their projects, and the state regulators are even worse.
I think it's a completely good thing to want to do business, to want to make money and be a success in the marketplace, to get the attention of customers. I'm not in the business of pointing fingers or blaming companies, but there is a limit to everything.
Dying venture firms are like the walking dead. They can have years of staggering around with stakes in still active portfolio companies, hoping they're still holding a lottery ticket that could put them back in the game. If not, they just slowly wind down.
For most of the 20th century, we didn't just enjoy economic success in Michigan, we defined it. Our innovators and entrepreneurs created the world's most productive companies, and our unions made sure that productivity led to broad middle class prosperity.
When it all started, record companies - and there were many of them, and this was a good thing - were run by people who loved records, people like Ahmet Ertegun, who ran Atlantic Records, who were record collectors. They got in it because they loved music.
Companies that pretend to care about music and really care about other things - whether it be hardware, whether it be advertising - and now they look at music as a loss leader. And we know music isn't a loss leader; music is an important part of our lives.
I envisage there being absolutely no regulation whatsoever - no minimum wage, no maternity or paternity rights, no unfair dismissal rights, no pension rights - for the smallest companies that are trying to get off the ground, in order to give them a chance.
No other facet of American business is more corrupt, more intoxicated with illegality, more weakly regulated, and has a greater impact on poor and working people than debt collectors; not credit card companies or subprime mortgages, not even payday lenders.
With Virgin, I've just loved creating things. And as a private company, I can get away with moving Virgin from records to airlines to train companies to space companies to whatever, without ever having to worry about analysts knocking the value of my stock.
Like other antitrust agencies we make our assessment of a merger or antitrust case based on its impact on our jurisdiction, and not on the nationality of the companies. This is exactly what the U.S. antitrust agencies, the Justice Department and the FTC, do.
Fear of foreign domination in India led the Janata Party, in the 1970s, to push for partial Indian ownership of all multinational firms within the country. The result was a spectacular pullback, by companies such as IBM and Coca-Cola, and a stagnant economy.
Companies that are willing to share, to withhold in order to further the growth of the company, willing to try to get a better atmosphere through a demonstration of democratic principles, fairness and cooperation, a better product, those will win in the end.
Working with people from all walks of life, from full-time moms to CEOs at large companies, I've distilled many universal truths about success. There's a secret I've learned that works quite well at helping you to achieve what you want: Decide what you want.
Growing up, I had a sense of the importance of commerce and trade to everyday life. Our family lived in several countries, and I was fascinated by the free exchange of goods and services between individuals and companies - the way both parties could benefit.