As we segregate by income into different communities, schools in lower-income areas have fewer resources than ever.
Robert ReichRead
Your most precious possession is not your financial assets. Your most precious possession is the people you have working there, and what they carry around in their heads, and their ability to work together.
Interpretation
The value of a business lies in its people rather than its financial resources.
In this quote, Robert Reich emphasizes that the true wealth of an organization stems from its employees and their collective knowledge and teamwork. It suggests that human capital and collaboration are far more important than mere financial assets, as they drive innovation and productivity within a company.
In practice
In a company meeting discussing company culture, this quote can inspire leaders to value employee contributions.
As we segregate by income into different communities, schools in lower-income areas have fewer resources than ever.
What are called 'public schools' in many of America's wealthy communities aren't really 'public' at all. In effect, they're private schools, whose tuition is hidden away in the purchase price of upscale homes there, and in the corresponding property taxes.
What someone is paid has little or no relationship to what their work is worth to society.
Tax laws favor capital over labor, giving capital gains a lower rate than ordinary income. The rich get humongous mortgage interest deductions while renters get no deduction at all.
The dirty little secret is that both houses of Congress are irrelevant. ... America's domestic policy is now being run by Alan Greenspan and the Federal Reserve, and America's foreign policy is now being run by the International Monetary Fund [IMF]. ...when the president decides to go to war, he no longer needs a declaration of war from Congress.
You can't inspire people if you are going to be uninspiring.
Nelson Mandela is, for me, the single statesman in the world. The single statesman, in that literal sense, who is not solving all his problems with guns. It's truly unbelievable.
A man-of-war is the best ambassador.
If we want girls to receive positive reinforcement for early acts of leadership, let's discourage bossy behavior along with banning bossy labels. That means teaching girls to engage in behaviors that earn admiration before they assert their authority.
For creative tasks, the best approach is often just to hire great people and get out of their way.
Leadership is not something you do to people. It's something you do with people.
How can any company know if its processes, products, people are safe? Only if everyone is watching and telling the truth. The first part can be assumed; the second cannot.
Subscribe for the occasional hand-picked quote. No noise.