Virginia Postrel Quotes

We are addressing duplication and complexity. At the same time, we are investing more in research and development, speeding up the time to market of new innovations, and expanding our sales force in markets where growth is to be found, like Turkey, Russia, the Mideast, China, and southeast Asia.

What Sam Walton did was to go into one of the most mature industries of all and find a way to make it grow, grow, grow, double-digit, month after month, year after year. He did it by innovation, customer focus, and above all, speed.

An adaptable company is one that captures more than its fair share of new opportunities. It's always redefining its 'core business' in ways that open up new avenues for growth.

I see the level of sophistication and knowledge about business growing dramatically. Several decades ago, only a few companies thought about international business.

We've tapped into a huge demand, and it's up to us to fulfill that demand and to be creative doing it.

There are two ways to extend a business. Take inventory of what you're good at and extend out from your skills. Or determine what your customers need and work backward, even if it requires learning new skills. Kindle is an example of working backward.

No CEO ever says, 'Damnit, we need to increase research!' I want to encourage them to do that.

In a globalized world, one application can spread like wildfire and there's only one winning company, which means you have to invest more than you've ever had.

Whenever you look at any potential merger or acquisition, you look at the potential to create value for your shareholders.

A sustaining innovation makes better products that you can sell for better profits to your best customers.

If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.

If you only do things where you know the answer in advance, your company goes away.

From my point of view, my job is just to work hard for our franchisees, so they can maintain the position they're in, and to grow market share.

Economic growth creates jobs, and countries grow when they educate their people and pursue policies that encourage households to save, existing businesses to invest, and entrepreneurs to innovate and create new markets.

In a knowledge economy, natural selection favors organizations that can most effectively harness and coordinate collective intellectual energy and creative capacity.

I believe it is an important project, it makes the cost of doing business lower and they will make us more competitive at the same time, it will also provide some satisfaction to the people who demand services for them of the quality they want and also quickly.

AOL has a great collection of brands, and the question is, 'Can they innovate and scale their business?' And those are very challenging things to do. But I think they are well positioned to grow.

The key to Operations at Wal-Mart is their ability to maintain the highest standards while at the same time getting things done with lockstep execution.

Synergies are not only about cost reduction. Synergies can be access to markets, exchange of products, avoiding overlaps, exchange of best practices.

I think it's a competitive advantage that both Amazon and Google and other tech companies have over a lot of their counterparts. They take big risks and are pioneering new markets with the promise of big rewards. It's why Amazon is kind of reliably starting new businesses and opening kind of new frontiers.

Ukrainian business must really embrace global competition. We need to understand that competition for resources and clients is not with competitors from across the street or from another city, but with millions of businesses around the world.

A strategy is something like, an innovative new product; globalization, taking your products around the world; be the low-cost producer. A strategy is something you can touch; you can motivate people with; be number one and number two in every business. You can energize people around the message.

We recognised from the start that we couldn't just stay in the U.K. and Ireland markets. We have always looked to the products of the future. I've always said, 'If you don't innovate, you'll evaporate.'

We started as a small newspaper company and grew by providing competition and innovation in stale, near monopolistic markets.

If you take existing ideas and make them affordable and scalable, you substantially change business models.