Nirmala Sitharaman Quotes

When I became director of CIA, it was just clear to me intuitively, without a whole lot of science behind it, that we had expanded rapidly and inefficiently. So I arbitrarily picked a number, 10 percent, and I said over the next 12 months, we are going to reduce our reliance on contractors by 10 percent.

Business people do two things with their time fundamentally. The first is that they try to create sales, right? Revenue, key to business. But the other thing they devote their time to equally is cost containment. That is to say, how to not create jobs. Because the fewer jobs you can create for the revenue you create, the more profit you make.

When you're running a company, creating jobs is the last thing you want to. When you're running a company you want to employ as few people as possible, and yet you inadvertently create jobs.

One of the ways I think you make more money is by creating more efficiency.

Strapped by tight credit and plummeting sales, businesses have overhauled the way they manage supply chains, inventory, production practices and staffing.

What I would say is governments need assistance to run their organisations more efficiently just like businesses do.

Because Tom Doherty and people like that are not stupid. If they could have streamlined their operation more to get more money out of it, they would have done it. It's not like they're a bunch of idiots.

Prune - prune businesses, products, activities, people. Do it annually.

I will be ruthless in cutting out waste, streamlining structures and improving efficiency.

The most efficient labor-saving device is still money.

The smaller the function, the greater the management.

There's huge opportunities to continue to improve efficiency in the way the government operates and improve the way government provides services to its citizens.

That's the mantra I use when the team tells me something is too complicated. People keep saying, 'We need more prioritization.' I say, 'Guys, what you want is less work. And that is not going to happen.'

A lot of times I make people better by getting stupid, distracting, bureaucratic stuff off their desk. That's an incredibly easy way to make a senior person more productive.

If you don't understand how to run an efficient operation, new machinery will just give you new problems of operation and maintenance. The sure way to increase productivity is to better administrate man and machine.

There are companies that are cutting their costs by over 50% by offshoring.

Our entire team is focused on managing this company for value - fixing or eliminating those operations that lessen value and expanding or adding those that enhance value.

I got to get the right people in the right job. Because a lot of costs can be taken out in the context of your administration without the legislature. For example, using technology to do more with less. Using technology to fight fraud. Reorganizing and streamlining can be done within the context of the administration.

Companies are doing a good job at producing stuff. They are just doing it without people.

The consolidation that we started in 2009 was clearly the requirement of that time.

I think there are several departments we could completely get rid of, and we wouldn't miss it.

The use of automated technology generally translates into lower costs, freeing up resources for more efficient uses, including lower prices.

Rethinking product supply chains offers another opportunity for traditional enterprises to introduce a host of positive outcomes.

I don't have assistants and things in the studio.

The only way to create prosperity is to do more with less. In economic terms, an increase in productivity is an increase in the amount or quality of output generated for each unit of input. Jobs do not make society wealthier - productivity does.