100 Best Quotes on Leadership

The one that I like: 

1. A good general not only sees the way to victory; he also knows when victory is impossible. —Polybius

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A dumb idea

The same person who defined and attested the concept of shareholder value and how one should go after it goes against his own words and calls it a dumb idea today.

"On the face of it, shareholder value is the dumbest idea in the world,” he said. “Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products."

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Branding Lessons

"Focus on small group of expert users who make extreme demands of your product.  Keep exceeding the expectations of this small group of users.  When these experts love your product, they will recommend it.  Lots of casual consumers will notice and be attracted to your brand.  They’ll eventually account for more sales volume than the experts.  But even when the new consumers account for most of your sales volume, keep designing your products for those experts.  In other words, always shoot for dead center on your target."

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NSE Flash crash

NSE saw a flash crash today. Are the regulators watching?

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