Famous Bill Gates Quotes #2
Strategic Business Advice for Young Entrepreneurs
from Strategic Business Stream.com 7/13 enhanced by Peter/CXO Wiz4biz 8/13
7. “Information work is thinking work.”
8. “Business people need to shake off the notion that information is hard to get. Not with the Internet anymore.”
9. “Better information can expand the role of Sales Managers from being “closers” of big deals to being Associate business managers to their Customers to help them achieve their goals.”
10 “Bringing together the right information with the right people, will dramatically improve a company’s ability to develop & act on strategic business opportunities.”
11. “A self service approach can handle 90 % of employee administrative needs.”
12. “Customer service will become the primary value-added function of every business in the future – as there are so many ‘me-to’ products.”
13. “The pace of change, and the need for more personalized attention to customers will drive companies to adopt more digital processes internally.”
14. “As the internet drives down the cost of transactions, the middle man will either disappear or evolve to add new value.”
15. “Only a few businesses will succeed by having the lowest price. Most will succeed by having the strategy of having the best customer services.”
16. “An important re-engineering principle is that companies should focus on their “core competence” and “out-source” everything else.”
17. “The competition to hire the best will increase in the years ahead. Companies that give extra flexibility & promise creativity to their employees will have the edge in this area.”
18. “Customers want high quality at low prices and they want it now.”
19. “The most important ‘speed’ issue is often not technical but cultural. It’s convincing everyone that the company’s survival depends on everyone moving as fast as possible.”
20. “How fast a company can respond in an emergency, is a measure of its corporate reflexes.”
21. “A company’s ability to respond to an unplanned event – good or bad – is a prime indicator of its ability to compete.”
22. “Strategically, a major function of the CEO is to look for bad news & encourage the organization to respond to it asap. Employees must be encouraged to share bad news as much as good news to minimize the growth of problems.”
[ About 15 more Quotes continued in next Premium Content ]